Stick save, as they like to say, “and a beauty,” as J.C. would add.
The market held where needed.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
Stick save, as they like to say, “and a beauty,” as J.C. would add.
The market held where needed.
by JC
If there’s anything that this market has taught me, in almost 20 years of doing this, it’s that expecting the unexpected should be a way of life.
I’ve had a front row seat to watch legendary Wall Street firms disappear practically overnight.
I saw Crude Oil Futures trading below Zero.
Flash Crashes.
Growth stocks going up 100x in price with little or not business activity.
Anything can happen. [Read more…]
by David
Today, we have a Form 4 filing by RA Capital Management for new purchases in 89bio Inc $ETNB.
After its latest purchase worth roughly $8.9 million, RA Capital now owns almost half of the public float.
by David
From the Desk of Kimmy Sokoloff
We saw a bearish reversal yesterday afternoon in the indices.
For today, I’m watching to see if the SPX can hold 3,638, then 3600. We’d need to get back above 3,689, then 3,700, to head back uphill. The $SPY has support at 363, then 360.
This is the recording from the live October 2022 Conference Call for Members of the Allstarcharts India! Before getting into individual stock ideas in India, we’re going to first start with the global macro perspective. Once we identify the direction of the underlying trends from a structural and broader view, then we’ll dive into the NIFTY Indexes on both longer-term and short-term timeframes. We want to look at Large-caps, Small-caps, and everything in between before getting into the Sector and Industries themselves like Energy, Banks, and Pharma.
This is when we finally break things down to the individual stock scenario with identified risk vs reward opportunities. That is what this is all about – aligning ourselves in the direction of the underlying trend while at the same time identifying where the risk is to make sure the potential reward is skewed exponentially in our favor. You will find that throughout this process we discuss Momentum, Fibonacci and Relative Strength. I encourage you to check out the Education Section so you know exactly where I’m coming from when you hear me mention these tools.
Here is the video in full:
by JC
I interrupt this bear market to bring you stocks that are going up.
While people are crying about their stocks going down, we’re focused on the winners.
You know why? Because winners tend to keep on winning.
And losers? Well, we don’t care so much for you. By definition, few people do.
Here’s a stock making new 6-month highs this week.
You may have heard of it: [Read more…]
by David
From the Desk of Kimmy Sokoloff
That was a fun day in the live trading room. J.C. joined us, and it was fantastic!!
Now, on to the markets folks.
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.