It was a choppy market today, with the indices pulling in.
We’ll see how $SPY handles the 430 area.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
It was a choppy market today, with the indices pulling in.
We’ll see how $SPY handles the 430 area.
by David
The most significant transaction on today’s list comes in a Form 4 filing by Carl Icahn.
Icahn revealed a purchase of $531,478 in Southwest Gas Holdings $SWX.
by David
From the Desk of Kimmy Sokoloff
It’s a quiet morning so far for the market.
We’ll see how the indices handle their respective moving averages this week.
From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.
We’ve also sprinkled in some of the largest ADRs from countries that did not make the market cap cut.
These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.
It’s got all the big names and more–but only those that are based outside the US. You can find all the largest US stocks on our original Hall of Famers list.
The beauty of these scans is really in their simplicity.
We take the largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.
Based on the market environment, we can also flip the scan on its head and filter for weakness.
Let’s dive in and take a look at some of the most important stocks from around the world.
by David
From the Desk of Kimmy Sokoloff
It was a down week for the indices, which was warranted.
We’ll see if we flag here and head higher or trend down to the 21-day moving averages.
$DIA and $IWM are below their 21-day moving averages, while $SPY and $QQQ are not.
by David
The most significant transaction on today’s list comes in a Form 4 filing by Danaos Corp $DAC, which revealed a purchase of $7.2 million in Eagle Bulk Shipping Inc $EGLE.
Danaos has quietly amassed an 11.32% ownership stake in its competitor in recent months.
From the desk of Steve Strazza @Sstrazza
Tuesday night we held our June Monthly Conference Call, which Premium Members can access and rewatch here.
In this post, we’ll do our best to summarize it by highlighting five of the most important charts and/or themes we covered, along with commentary on each.
Let’s get right into it!
by David
From the Desk of Kimmy Sokoloff
Tech pushed higher yesterday.
Let’s see if we have follow-through today.