The largest insider buy on today’s list comes in a Form 4 filing by ValueAct Capital.
It reveals an additional purchase of roughly $7.8 million in Insight Enterprises $NSIT, as ValueAct continues to increase its position in the tech stock.
From the desk of Steven Strazza @Sstrazza and Ian Culley @IanCulley
The US dollar is on the ropes as global currencies bounce back.
After failing to hold its breakout earlier in the month, the USD looks vulnerable against a growing number of currencies.
The pound and euro are catching higher. The Swiss franc is rebounding off its recent lows. And the commodity-centric Australian and Canadian dollars remain resilient.
We can add the Mexican peso to this list, as the USD/MXN cross broke down to fresh 52-week lows yesterday. This breakdown supports the near-term bearish argument for the dollar.
These are the registration details for our Live Monthly Candlestick Strategy Session for Premium Members of All Star Charts.
This month’s Video Conference Call will be held on Thursday June 2nd @ 6PM ET. As always, if you cannot make the call live, the video and slides will be archived and published here along with every other live call since 2015.
Last week, George Soros filed a 13G revealing the purchase of 9,425,000 shares of the small-cap automotive semiconductor company indie Semiconductor $INDI.
This brings Soros Fund Management's total interest to 9.20%, making it the largest shareholder of the company.
The magazine cover on the left, describing how Bitcoin was "Storming Wall Street" came just a few weeks before Bitcoin put in a historic top in late 2017. Immediately after this cover story, Bitcoin went on to have one of the most epic crashes of all time.
Investors got wiped out right after the one on the left.
And now here we are after Bitcoin got cut in half, and many of the altcoins are down 70-80% if not more.
Nifty Auto has been gaining strength over the past week. We're seeing some follow-through there and hence, today's post will discuss a stock from the same sector.