The largest insider transaction on today’s list is a Form 4 filed by Wayne P. Rothbaum, the president of Quogue Capital LLC.
The investment firm revealed a purchase worth $65 million in Iovance Biotherapeutics $IOVA.
Expert technical analysis of financial markets by JC Parets
by David
The largest insider transaction on today’s list is a Form 4 filed by Wayne P. Rothbaum, the president of Quogue Capital LLC.
The investment firm revealed a purchase worth $65 million in Iovance Biotherapeutics $IOVA.
by JC
Let me ask you this: In bear markets does it historically get easier and easier to find stocks making new all-time highs?
Where I grew up, new all-time highs, yet alone more and more of them every day, are not something that we normally see in bear markets.
And here we are. I can’t remember the last time it was this easy to find stocks breaking out to new highs. And not just new 3-month highs or even 52-week highs.
Stocks are breaking out to new ALL-TIME Highs.
And not just in one or two sectors.
We’re seeing it in Financials, Industrials, Technology, Energy, Healthcare, Staples, Telecom and more. [Read more…]
From the desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
Our Hall of Famers list is composed of the 150 largest US-based stocks.
These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.
It has all the big names and more.
It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that which you can check out here.
The Hall of Famers is simple.
We take our list of 150 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.
Let’s dive right in and check out what these big boys are up to.
by David
From the Desk of Kimmy Sokoloff
After this morning’s dip lower, the $SPX mostly based around its 200-day moving average.
Overall, it was a tough week. We traded lower the first part of the week, and then came Powell…
by JC
I’m not sure what everyone is so angry about, but I like it.
The pessimism out there is off the charts.
Investors are scared.
Risk aversion is dominating. Risk appetite is non-existent. [Read more…]
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.