From the Desk of Steve Strazza and Alfonso Depablos
The largest insider buy on today’s list comes via a Form 4 filing by Edward J. Casey, Jr., director of Flowers Foods Inc $FLO.
Casey reported a purchase of $117,750 in FLO shares.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Steve Strazza and Alfonso Depablos
The largest insider buy on today’s list comes via a Form 4 filing by Edward J. Casey, Jr., director of Flowers Foods Inc $FLO.
Casey reported a purchase of $117,750 in FLO shares.
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…
We also highlight lagging stocks on a recurring basis.
by David
This is the video recording of the April 3, 2024, Hot Corner Insider Weekly Strategy Session.
by JC
You didn’t fall for those lies about falling interest rates did you?
At this point, it’s 2024.
We know for a fact that Wall Street banks are not here to help you or tell you the truth. That’s not the business they’re in.
The Financial Media has never been in the business of telling you the truth, so that’s nothing new.
But the fact that they’ve been telling you all year that interest rates are going lower is hilarious.
None of these groups of people are here to help you. They’re only here to help themselves.
And that’s fine. There’s nothing wrong with a Bank trying to profit for their shareholders. Just like there’s nothing wrong with a media business trying to profit for their respective parent companies.
Profits are good.
Just don’t think for one second that they’re going to put your needs ahead of theirs lol. [Read more…]
by David
From the Desk of Steve Strazza and Alfonso Depablos
The largest insider buy on today’s list comes via a Form 4 filing by the CFO of Dollar Tree Inc $DLTR, Jeffrey A. Davis.
Davis reported a purchase of 1,800 DLTR shares, equivalent to $244,794.
by David
From the Desk of Steve Strazza and Alfonso Depablos
The largest insider buy on today’s list comes via 13G filing by Southpoint Capital Advisors LP.
The hedge fund revealed an initial stake of 5% in Mobileye Global Inc $MBLY.
by JC
Everything changed in February.
You started to see the cracks in January, but the big changes in market dynamics really got going in early- to mid-February.
And then March came, when everyone else saw it.
Look at the Sector Performance last month, for example.
Energy stocks were up double digits.
Technology stocks were DOWN.
Consumer Discretionary stocks were DOWN. [Read more…]
by JC
This is the video recording of our April 1st Monthly Charts Live Strategy Session