The largest insider buy on today’s list comes in a Form 4 filing by Warren Buffett’s Berkshire Hathaway $BRK.A.
In his third filing since May 17, Buffett reported the acquisition of another 4,660,809 shares, equivalent to $272 million.
Expert technical analysis of financial markets by JC Parets
by David
The largest insider buy on today’s list comes in a Form 4 filing by Warren Buffett’s Berkshire Hathaway $BRK.A.
In his third filing since May 17, Buffett reported the acquisition of another 4,660,809 shares, equivalent to $272 million.
by JC
This is the big question for me right now. Do we get rotation into the sectors that led this market off the lows last June?
We’ll be discussing it on our NEW Morning Show today. Make sure to catch us LIVE from 830AM – 10AM ET using this link.
First, here’s what I mean.
Check out these 3 Index Funds that have been underperforming this year. Financials and Small-caps flirting with last summers lows, and I threw Industrials in there too as a representation of the more Value areas of the market: [Read more…]
by David
From the Desk of Kimmy Sokoloff
Today is the last day of May!
We started the month as high as 417 on $SPY and, as of now, we’re at 419.
$QQQ was the leader — the only index that had real strength, the others not so much.
From the desk of Steve Strazza @Sstrazza.
Welcome back to Under the Hood, where we’ll cover all the action for the week ended May 26, 2023. This report is published bi-weekly and rotated with The Minor Leaguers.
What we do here is analyze the most popular stocks during the week and find opportunities to either join in and ride these momentum names higher, or fade the crowd and bet against them.
We use a variety of sources to generate the list of most popular names.
There are so many new data sources available that all we need to do is organize and curate them in a way that shows us exactly what we want: a list of stocks that are seeing an unusual increase in investor interest.
Click here for a behind-the-scenes look at our process.
Whether we’re measuring increasing interest based on large institutional purchases, unusual options activity, or simply our proprietary lists of trending tickers, there’s a lot of overlap.
by David
From the Desk of Kimmy Sokoloff
The market seemed very slow today after a long holiday weekend.
As of now, the indices are consolidating.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Carl Icahn, who revealed a purchase of $11.2 million in Southwest Gas Holdings $SWX.
Icahn now owns 15.65% of outstanding shares of SWX.
by David
From the Desk of Kimmy Sokoloff
As I write this note, $SPY has finally filled its gap pre-market at 421.22.
The push higher was brought on by the debt ceiling deal.
From the Desk of Steve Strazza @sstrazza and Alfonso Depablos @Alfcharts
This is one of our favorite bottom-up scans: Follow the Flow.
In this note, we simply create a universe of stocks that experienced the most unusual options activity — either bullish or bearish, but not both.
We utilize options experts, both internally and through our partnership with The TradeXchange. Then, we dig through the level 2 details and do all the work upfront for our clients.
Our goal is to isolate only those options market splashes that represent levered and high-conviction, directional bets.
We also weed out hedging activity and ensure there are no offsetting trades that either neutralize or cap the risk on these unusual options trades.
What remains is a list of stocks that large financial institutions are putting big money behind.
And they’re doing so for one reason only: because they think the stock is about to move in their direction and make them a pretty penny.
Then we flip through our list of stocks flashing unusual activity and pick the best setups using many of the same technical filters we do for our other scans.
And, just like that, we’ll follow the money flow and fatten our own pockets along with some of the world’s most powerful financial institutions.