From the Desk of Kimmy Sokoloff
As I write this note, the futures are gapping higher.
The cash index could open roughly at $SPX 3,850 — that is, as long as we stay higher.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
As I write this note, the futures are gapping higher.
The cash index could open roughly at $SPX 3,850 — that is, as long as we stay higher.
by JC
Thanks to everyone who joined us live last night on our Mid-month Conference Call.
We had a lot to talk about.
There are plenty of opportunities out there to profit. These are exciting times for sure.
One of the charts I discussed was the performance of different types of stocks since the market bottomed in June.
Here’s each sector’s performance since June 16th, which was the day that the NYSE new lows list peaked: [Read more…]
by JC
This is the video recording of the December 2022 Mid-month Conference Call.
We discussed:
by David
From the Desk of Kimmy Sokoloff
We saw a decent snapback in the market early today then a late-morning fade.
This $SPX 3,800 level is support for now.
From the Desk of Steve Strazza @Sstrazza
Dividend Aristocrats are easily some of the most desirable investments on Wall Street.
These are the names that have increased dividends for at least 25 years, providing steadily increasing income to long-term-minded shareholders.
As you can imagine, the companies making up this prestigious list are some of the most recognizable brands in the world. Coca-Cola, Walmart, and Johnson & Johnson are just a few of the household names making the cut.
Here at All Star Charts, we like to stay ahead of the curve. That’s why we’ve turned our attention to the future aristocrats.
In an effort to seek out the next generation of the cream-of-the-crop dividend plays, we curate a list of stocks that have raised their payouts every year for five to nine years.
We call them the Young Aristocrats, and the idea is that these are “stocks that pay you to make money.”
Imagine if years of consistent dividend growth and high momentum and relative strength had a baby, leaving you with the best of the emerging dividend giants that are outperforming the averages.
By adding our technical analysis to the mix, the Young Aristocrat setups give you the opportunity to own the best of the market’s future blue-chip winners before they become must-own household names.
Often, the strongest performers in this universe, and even the Dividend Aristocrats themselves, pay relatively small dividends.
This is usually because the stock appreciation makes it tough to keep up with the payout — even for companies that consistently grow their yield in the double-digits!
For this reason, we don’t have a minimum threshold for the dividend. What we’re really doing here is creating a list of quality stocks based on their ability to persistently grow their shareholder return.
And maybe the best part?
This list is not just designed for long-term investors. Any kind of investor or trader can use this list as it helps generate ideas across all timeframes, even the short term.
Remember, some of the most important filters we use for this list are momentum, relative strength, and proximity to new highs.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Durable Capital Partners.
The hedge fund reported a purchase of $7.6 million of Duolingo $DUOL stock.
by David
From the Desk of Kimmy Sokoloff
The futures were wild last night after the Bank of Japan intervention and then steadily crawled their way back.
I’m watching 378 on $SPY. Should we break below that level, we could see 375.
by JC
All hell seems to be breaking loose at the BOJ.
I’m not going to pretend to know, or care. But I can tell you that Yen traders like it.
And investors in precious metals sure as hell love it.
These are good things to wake up to if you’re long gold and silver: [Read more…]