This is the best time to buy stocks during the entire 4-year Presidential Cycle.
And guess what investors are doing?
They’ve been buying stocks… [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
This is the best time to buy stocks during the entire 4-year Presidential Cycle.
And guess what investors are doing?
They’ve been buying stocks… [Read more…]
by David
The largest insider buy on today’s list is a Form 4 filing by Vishay Precision Group $VPG Director Wes Cummins.
Cummins revealed a purchase of VPG worth $802,067.
by David
From the Desk of Kimmy Sokoloff
We have jobs data being released at 8:30 .m. ET this morning that could set the stage for the indices today.
The market based nicely yesterday. As long as the 200-day moving average on the $SPX at 4,050 holds, there’s room for higher prices.
From the Desk of Steve Strazza @Sstrazza
As our Premium Members already know, we have a laundry list of scans that we run internally on an almost daily basis.
Different market environments, naturally, are more conducive to certain scans and less so to others.
We think our “Freshly Squeezed” scan is perfect for the current market. With so many individual issues in massive drawdowns as the broader market begins to turn a corner, there are going to be some serious short-covering rallies in some of the most beaten-down names.
In fact, it’s already starting to happen. Infamous meme stock, AMC Entertainment $AMC was up 25% at its highs today (not on a closing basis).
Our scan is quite simple. It is designed to identify stocks with heavy short positions. When a stock is heavily shorted, it means there are natural incremental buyers. Bulls need incremental buyers, as this is the only way price can move higher. When shorts are proven wrong, they have to buy their shares back to close out their position.
We pair this short-interest data with short-term momentum overlays, as this is the match that is needed to spark a short squeeze.
So without further adieu, let’s take a look at what’s popping up on our radar right now and outline setups in some stocks we think investors can squeeze profits out of in the weeks and months ahead.
by David
From the Desk of Kimmy Sokoloff
A consolidation day it sure was.
As long as the $SPX hangs on to to 4,050, we have potential to trade higher.
If we break below that level, we run the risk down to 4,034, then 4,020.
by JC
I continue to wonder what people are so angry about.
More and more stocks keep going up.
Fewer and fewer are going down.
More sectors are participating.
More countries are acting strong.
What’s the problem? [Read more…]
by David
The CEO, the CFO, and the chief technology officer of Hillman Solutions Corp $HLMN all filed Form 4s reporting insider buys.
The three C-suite offers combined bought $1.5 million worth of HLMN shares.
by Ian Culley
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.
But we also highlight lagging stocks on a recurring basis.