It seems like everyone is making money in the market these days.
US Stock market investors are crushing it.
Investors in foreign stocks are doing even better!
Heck, even the Gold bugs are getting paid.
I mean, who isn’t? [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
It seems like everyone is making money in the market these days.
US Stock market investors are crushing it.
Investors in foreign stocks are doing even better!
Heck, even the Gold bugs are getting paid.
I mean, who isn’t? [Read more…]
by David
The largest insider transaction on today’s list is a Form 4 filing by EcoR1 Capital LLC.
The hedge fund reported a purchase worth roughly $7.8 million in Zymeworks Inc $ZYME.
by David
From the Desk of Kimmy Sokoloff
It’s Friday the 13th.
We had a few banks report earnings this morning, and as of now they’re trading lower.
by David
From the Desk of Kimmy Sokoloff
It was a powerful day in the market. $SPY closed its gap at 396.31 and pushed along.
I said in the live trading room a week back that SPY has potential up to 405, then 410.
by David
Today’s Hot List is a short one.
The only Form 4 on our list was filed by the chief marketing officer of Dave & Buster’s Entertainment $PLAY, who revealed a small purchase of $149,684.
This activity comes on the heels of a handful of Form 4 and Form 13 filings for PLAY by Hill Path Capital over the past month.
by David
From the Desk of Kimmy Sokoloff
With the December CPI up on deck for release at 8:30 a.m. ET, I think I’ll hold off on talking about ideas until the data is released.
Let’s see how the market reacts.
by JC
A question that keeps coming up to me is why Consumer Staples and Low Volatility stocks are outperforming.
These are normally the types of things you see when stocks in general are under pressure.
This is the kind of rotation you get in bear markets.
But the back half of 2022 was good for stocks. The 4th quarter was great.
Most stocks have been ripping for almost 7 months now. This is NOT the type of environment where Staples and Low Volatility stocks tend to outperform.
And while they might be making new multi-year highs relative to the S&P500, it’s pretty easy to outperform an index with so much exposure to growth stocks. So can we even call that ‘outperformance’? [Read more…]
This week we’re looking into the Infrastructure sector.