I’ve been at this for 20 years. I’ve seen a lot of uptrends and bull markets in my day. I’ve studied many more that came before me.
Along the way, do you know what you’ll find a lot of in bull markets?
New 52-week highs. [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
I’ve been at this for 20 years. I’ve seen a lot of uptrends and bull markets in my day. I’ve studied many more that came before me.
Along the way, do you know what you’ll find a lot of in bull markets?
New 52-week highs. [Read more…]
From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
Our Hall of Famers list is composed of the 150 largest US-based stocks.
These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.
It has all the big names and more.
It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that. You can click here to check it out.
The Hall of Famers is simple.
We take our list of 150 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.
Let’s dive right in and check out what these big boys are up to.
by David
From the Desk of Kimmy Sokoloff
The morning session turned into a consolidation after the recent breakout in $SPY.
Powell spoke at 11:00 a.m. ET, so stocks were in wait-and-see mode.
by David
Uncle Warren strikes again…
Berkshire Hathaway $BRK.A has filed another Form 4 for Occidental Petroleum $OXY, this time revealing a purchase worth $201 million.
by David
From the Desk of Kimmy Sokoloff
$SPY broke the February 2 highs, and we’re almost at the 421.22 gap-fill.
Maybe we see that level today.
by David
From the Desk of Kimmy Sokoloff
It was a wild day in the market.
We ran right to resistance on $SPY at 417.50 and moved a tad higher from there.
We came close to the February highs but didn’t quite touch that level.
From the Desk of Steve Strazza @Sstrazza
When investing in the stock market, we always want to approach it as “a market of stocks.”
Regardless of the environment, there are always stocks showing leadership and trending higher.
We may have to look harder to identify them depending on current market conditions. But there are always stocks that are going up.
The same can be said for weak stocks. Regardless of the environment, there are always stocks that are going down, too.
We already have multiple scans focusing on stocks making all-time highs, such as Hall of Famers, Minor Leaguers, and the 2 to 100 Club.
We filter these universes for stocks that are exhibiting the best momentum and relative strength characteristics.
Clearly, we spend a lot of time identifying and writing about leading stocks every week, via multiple reports.
Now, we’re also highlighting lagging stocks on a recurring basis.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Kelcy Warren, co-founder and executive chairman of Energy Transfer $ET.
Warren reported an additional purchase of ET stock, this one worth $12.5 million.