The largest insider buy on today’s list comes in a Form 4 filed by the co-founder and executive vice-president of DISH Network Corporation $DISH, James DeFranco.
DeFranco revealed a purchase of $18.5 million worth of DISH shares.
Expert technical analysis of financial markets by JC Parets
by David
The largest insider buy on today’s list comes in a Form 4 filed by the co-founder and executive vice-president of DISH Network Corporation $DISH, James DeFranco.
DeFranco revealed a purchase of $18.5 million worth of DISH shares.
by David
From the Desk of Kimmy Sokoloff
The market awaits debt ceiling negotiations, and we have quite a few Fed speakers today as well.
We’re still in a range, and time will tell which way we break.
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 12, 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.
Watch this video 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 was full speed ahead today.
And $SPY held on to the 410 support area once again…
by JC
This is what almost everyone I speak to tells me is going to happen.
They expect a failure up here in the S&P500, an inability to make new highs and instead, just an overwhelming rollover in stocks.
Here’s what that looks like: [Read more…]
by David
The largest insider transaction on today’s list is a Form 4 filing by Coliseum Capital Management LLC.
The hedge fund reported a purchase worth roughly $3.4 million in ModivCare $MODV.
by David
From the Desk of Kimmy Sokoloff
We saw a nice late-day rally in the market on Friday.
We’re still in the chop zone, and we literally have about 14 Fed speakers this week…
From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
Selling pressure is spreading among cyclical groups, but we continue to find plenty of bullish chart setups in names with insider activity.
Most of the stocks we’re buying these days are concentrated in growth industries, but there’s also a healthy mix of consumer names that are trending well.
We even have an insurance stock in today’s report. It’s rare to find a financial making new highs in today’s environment, which is all the more reason to like it.
Let’s dive in and talk about some stocks we’re buying right now.