Last year’s leaders keep falling one by one.
Apple fell yesterday, again, to break down to new 52-week lows relative to the S&P500.
You’re seeing similar behavior from Google and Tesla as well. [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
Last year’s leaders keep falling one by one.
Apple fell yesterday, again, to break down to new 52-week lows relative to the S&P500.
You’re seeing similar behavior from Google and Tesla as well. [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.
With our Short Report scan, we’re also highlighting lagging stocks on a recurring basis.
by David
This is the video recording of the March 6, 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 Form 4 filings by the CEO and the CFO of Keurig Dr Pepper Inc $KDP.
The executives bought KDP shares worth a combined total of $7.5 million.
by JC
Fun fact, did you know I used to be a Gold Bug?
That’s right.
In the early years of my career, being a Gold Bug was actually cool.
Throughout the 2000s, not only were Gold prices going up, they were also outperforming stocks and bonds, by a lot.
I was that guy. [Read more…]
by David
From the Desk of Steve Strazza and Alfonso Depablos
The largest insider buy on today’s list comes in a Form 4 filing by Charles C. Townsend, director of Gogo Inc $GOGO.
Townsend reported a purchase of GOGO shares worth $2.4 million.
by JC
Banks don’t stop falling.
About a year ago, we saw a few tiny banks that no one has ever heard of disappear, and the market moved on just fine.
Is this time going to be like that?
Look at Regional Banks breaking down vs both Large-caps and Small-caps.
So, no matter what you compare them to, Regional Banks look terrible: [Read more…]
From the Desk of Alfonso Depablos @Alfcharts
In today’s post, we’re talking about a group of stocks that have emerged as the ‘Generals’ of the current bull market.
You are thinking, “it must be tech.”
It’s not.
Industrials have been just as strong as tech stocks but with far better internals. No other sector has experienced the kind of broad participation we’re seeing from industrials. These are the real market leaders.
Historically, the Industrial sector is the one with the highest correlation to the overall market. So, the strength of these stocks is also sending us very bullish information about the health of this bull market.
This is great news, but today’s note is about looking under the hood and finding the best opportunities in the various industrial subgroups.
As one of the most diverse sectors, investors have plenty of options in the world of industrials. We did the work and dug into this space to find out what the strongest areas are and where we want to put our money.
Let’s get into it.