The largest insider transaction on today’s list is a Form 4 filing by Loews Corp.
The New York City-based investment conglomerate reported a purchase of roughly $5.7 million in CNA Financial Corp $CNA.
Expert technical analysis of financial markets by JC Parets
by David
The largest insider transaction on today’s list is a Form 4 filing by Loews Corp.
The New York City-based investment conglomerate reported a purchase of roughly $5.7 million in CNA Financial Corp $CNA.
This is the recording from the September 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 timeframe. 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 David
The big insider transaction everyone is talking about this morning isn’t on our list, as there hasn’t been a filing yet.
Last night, during the Asana $ASAN earnings call, the company announced that its founder, Dustin Moskovitz, will be purchasing another $350 million worth of stock via a private placement.
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.
by JC
Where are we in the cycle?
That’s something I like to think about.
The reason is because it helps me allocate my time better. Should I be spending more time looking for stocks to buy, should I be spending more time looking for stocks to sell, or should I be at the beach because the market is a mess?
Being able to answer this question correctly can be a huge advantage.
I think blindly incorporating a specific type of strategy at all times, regardless of the market conditions seems awfully difficult.
If we can first identify what type of market environment we’re in, then we can pick and choose which tools and strategies are best fit for that part of the cycle.
Are we in a high volatility environment? Then why would we implement strategies that are best suited for low volatility environments?
Are we in a trending market environment? Then why would we use the tools and strategies that are best for sideways rangebound markets?
I think we first identify where we are in the cycle, and then decide how to approach the market from there.
We do this by weighing all of evidence. And to be clear, I mean all the relevant evidence.
So, are we in a new bull market or what? [Read more…]
by David
This is the video recording of our September 7, 2022, Inside Scoop Weekly Strategy Session.
by JC
You’ve heard me say it a million times by now.
It’s going to be really difficult to make money long most stocks or crypto the rest of the year if the US Dollar remains strong.
Check out last night’s video about what we’re doing about it.
We got just a little bit of Dollar weakness starting in mid-July and stocks ripped higher. Thousands of points added to the Dow, Ethereum doubled and the average stock on the Nasdaq rallied over 40%.
We saw one of the most historic short-squeezes in history. And all it took was just a little bit of Dollar weakness. It wasn’t even that much.
But then once that Dollar strength came back last month, the bid in stocks and crypto disappeared.
Here’s a zoomed out look at the negative correlation between stocks and the Dollar: [Read more…]
by David
The most significant insider transaction on today’s list comes in a 13D from Carl Icahn, who increased his ownership stake in Southwest Gas $SWX by 1%.
Icahn now owns 9.7% of outstanding shares, up from the 8.7% he reported on August 16.