Today’s Hot Corner list is a short one.
Lockheed Martin Corporation $LMT director John M. Donovan filed a Form 4 revealing the acquisition of 548 shares of LMT, equivalent to $250,476. [Read more…]
Expert technical analysis of financial markets by JC Parets
by David
Today’s Hot Corner list is a short one.
Lockheed Martin Corporation $LMT director John M. Donovan filed a Form 4 revealing the acquisition of 548 shares of LMT, equivalent to $250,476. [Read more…]
by David
From the Desk of Kimmy Sokoloff
We kicked off earnings season with $NFLX and $TSLA, and they’re trading lower this morning.
We’ll see if people buy the dip or sell the news.
by David
From the Desk of Kimmy Sokoloff
I’ve talked about how it’s harder to find longs these days.
We had about two rug-pulls today for $SPY and $QQQ.
It was a tougher day trading as we await earnings on $NFLX and $TSLA.
From the Desk of Steve Strazza @Sstrazza
Welcome to The 2 to 100 Club.
As many of you know, something we’ve been working on internally is using various bottom-up tools and scans to complement our top-down approach.
It’s really been working for us!
One way we’re doing this is by identifying the strongest growth stocks as they climb the market-cap ladder from small- to mid- to large- and, ultimately, to mega-cap status (over $200B).
Once they graduate from small-cap to mid-cap status (over $2B), they come on our radar. Likewise, when they surpass the roughly $30B mark, they roll off our list.
But the scan doesn’t just end there.
We only want to look at the strongest growth industries in the market, as that is typically where these potential 50-baggers come from.
Some of the best performers in recent decades – stocks like Priceline, Amazon, Netflix, Salesforce, and myriad others – would have been on this list at some point during their journey to becoming the market behemoths they are today.
When you look at the stocks in our table, you’ll notice we’re only focused on Technology and Growth industry groups such as Software, Semiconductors, Online Retail, Solar, etc.
Then, like any good technician, we filter the list down to those closest to new highs.
This allows the cream of these strong groups to rise to the top and helps streamline our mission to identify technical breakouts in the top-performing stocks.
by David
This is the video recording of the July 19, 2023, Hot Corner Insider Weekly Strategy Session.
by David
Today’s Hot Corner list is a short one.
EcoR1 Capital Fund filed a 13G for Apellis Pharmaceuticals Inc $APLS revealing an initial stake of 5.40%.
by David
From the Desk of Kimmy Sokoloff
All the indices have been on fire.
Earnings are coming up.
We’ll see if the bar is low for them and they jump that hurdle or not.
by David
From the Desk of Kimmy Sokoloff
Up and away we go, with new highs all around.
As the saying goes, we’re overbought, but we can stay this way for some time.