The biggest Form 4 filing on today’s hot list is from Catherine Spear, CEO of FIGS Inc $FIGS.
Spear reported the purchase of 790,000 FIGS shares, equivalent to $4.9 million.
Expert technical analysis of financial markets by JC Parets
by David
The biggest Form 4 filing on today’s hot list is from Catherine Spear, CEO of FIGS Inc $FIGS.
Spear reported the purchase of 790,000 FIGS shares, equivalent to $4.9 million.
by David
From the Desk of Kimmy Sokoloff
If the market can hold on to yesterday’s low, I think there’s potential we can head higher.
We really need to push past $SPY 400 with force and head straight to 405, then 408.
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
From the Desk of Kimmy Sokoloff
Fed Chair Jerome Powell spoke again today, but the market could not get going to the upside.
The semiconductors have been very strong this week. That’s usually a positive sign for the market.
Maybe they’re decoupling; time will tell.
by David
We’ve been looking out for this filing since last week!
Right on time, Uncle Warren strikes again with the Berkshire put in Occidental Petroleum $OXY.
by David
From the Desk of Kimmy Sokoloff
The market hit the breaks yesterday after Fed Chair Jerome Powell’s speech.
Powell is to speak again today, which could make for sloppy trading.
by David
This is the video recording of the March 8, 2023, Inside Scoop Weekly Strategy Session.
From the desk of Steve Strazza @Sstrazza
We held our March Monthly Strategy Session on Monday night. Premium Members can access and rewatch it here.
Non-members can get a quick recap of the call simply by reading this post each month.
By focusing on long-term, monthly charts, the idea is to take a step back and put things into the context of their structural trends. This is easily one of our most valuable exercises as it forces us to put aside the day-to-day noise and simply examine markets from a “big-picture” point of view.
With that as our backdrop, let’s dive right in and discuss three of the most important charts and/or themes from this month’s call.