China is an emerging market right? But is it?
While it’s the biggest component of the Emerging Markets Index $EEM, is it something larger, maybe more developed?
It doesn’t really have a category.
It’s like Notre Dame Football. [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
China is an emerging market right? But is it?
While it’s the biggest component of the Emerging Markets Index $EEM, is it something larger, maybe more developed?
It doesn’t really have a category.
It’s like Notre Dame Football. [Read more…]
by David
It’s another brief Hot List today.
Neil Gagnon, the CEO of Gagnon Advisors LLC, revealed a purchase of approximately 43,200 shares in the small-cap software company SecureWorks Corp $SCWX.
by Ian Culley
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 the Hall of Famers, the 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
You can pretend the bond market doesn’t matter all you want.
But I’m here to tell you that this $115 Trillion + market that we call “bonds” is what’s moving things around here.
It starts with credit.
If there is stress in credit, then you’re going to see the implications across markets. [Read more…]
by David
Today’s Hot List is a short one.
Patrick S. Barrett, executive vice-president and CFO of OceanFirst Financial Corp $OCFC, revealed a purchase of approximately 10,500 shares in his own stock.
by David
The largest insider buy on today’s list is yet another Form 4 filing by Warren Buffett’s Berkshire Hathaway $BRK.A.
Buffett just revealed an additional purchase in Occidental Petroleum $OXY, as he continues to build his position in the energy stock.
Is the market out of the woods yet? No.
Is there a change in trend with the most recent bounce bank in the indices? No.
Are some areas of the market doing better than others? Yes.
Are we here to discuss one such sector today? You bet we are!
We’ve been pounding the table about the strength that we’ve been noticing in the Auto space for over a month now. With that trend becoming more and more clear, we have a few more names joining the leaders. The Auto sector is exhibiting strengths that cannot and should not be ignored. Read on to know more!
From the desk of Steve Strazza @sstrazza
This is one of our favorite bottom-up scans: Follow the Flow. In this note, we simply create a universe of stocks that experienced the most unusual options activity — either bullish or bearish, but not both.
We utilize options experts, both internally and through our partnership with The TradeXchange. Then, we dig through the level 2 details and do all the work upfront for our clients.
Our goal is to isolate only those options market splashes that represent levered and high-conviction, directional bets.
We also weed out hedging activity and ensure there are no offsetting trades that either neutralize or cap the risk on these unusual options trades.
What remains is a list of stocks that large financial institutions are putting big money behind.
And they’re doing so for one reason only: because they think the stock is about to move in their direction and make them a pretty penny.
Then we flip through our list of stocks flashing unusual activity and pick the best setups using many of the same technical filters we do for our other scans.
And, just like that, we’ll follow the money flow and fatten our own pockets along with some of the world’s most powerful financial institutions.