From the Desk of Steve Strazza and Alfonso Depablos
The largest insider buy on today’s list comes in a 13G filing by Baker Bros Advisors LP.
The hedge fund increased its ownership position in Kymera Therapeutics Inc $KYMR from 9.2% to 10.8%.
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 in a 13G filing by Baker Bros Advisors LP.
The hedge fund increased its ownership position in Kymera Therapeutics Inc $KYMR from 9.2% to 10.8%.
by JC
US Treasury Bonds continue to be one of the best ways to underperform during bull markets.
Yesterday the Nasdaq100 closed at new ALL-TIME highs relative to US Treasuries.
In bull markets, the best stocks not only do well on an absolute basis, but they also outperform their alternatives.
Treasury Bonds are a good alternative to stocks, of course. Just not during raging bull markets: [Read more…]
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 David
This is the video recording of the January 10, 2024, Hot Corner Insider Weekly Strategy Session.
by David
From the Desk of Steve Strazza and Alfonso Depablos
The largest insider buy on today’s list comes in a 13G filing by Biotechnology Value Fund.
The investment partnership increased its stake in Kymera Therapeutics Inc $KYMR from 8.45% to 10%.
From the Desk of Alfonso Depablos @AlfCharts
When we talk about market bellwethers, we are referring to large-cap equities that indicate the broader market’s future direction.
These stocks often have a heavy weighting in the most important sectors and indexes, as well as a notable economic impact due to their size and influence.
The world’s largest bank and financial institution, JPMorgan Chase $JPM checks all these boxes and more.
For that reason, we treat JPM as an index itself. Basically, as JPMorgan goes, the market goes.
From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
Breadth is expanding to a growing list of sectors and industry groups as the current bull market continues to broaden in scope and participation.
Naturally, this phenomenon is not limited to the US. We’re also seeing more and more countries and regions around the world join in on the party.
As the dominance from mega-cap growth fades, and cyclical and value stocks assume leadership roles, the stage is finally set for international outperformance.
In fact, despite how good US stocks were in 2023, they were not the best.
Today, we’re going to talk about Latin America. They were last year’s global leader, and we think the region is poised for more outperformance in the future.
From the desk of Steve Strazza @Sstrazza
We held our January Monthly Strategy Session last week. Premium Members can access and rewatch it here.
Non-members can get a quick recap of the call simply by reading this post each month.
By focusing on long-term, monthly charts, the idea is to take a step back and put things into the context of their structural trends. This is easily one of our most valuable exercises as it forces us to put aside the day-to-day noise and simply examine markets from a “big-picture” point of view.
With that as our backdrop, let’s dive right in and discuss three of the most important charts and/or themes from this month’s call.