From the Desk of Steve Strazza and Alfonso Depablos
The largest insider buy on today’s list comes in a Form 4 filing by Verve Therapeutics Inc $VERV director Krishna Yeshwant.
Yeshwant reported an $18 million purchase of VERV 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 in a Form 4 filing by Verve Therapeutics Inc $VERV director Krishna Yeshwant.
Yeshwant reported an $18 million purchase of VERV shares.
by JC
The inflows into Money Market Funds continue.
Another $73 Billion came in last week, as investors decide they would rather sit in cash collecting an inflation-adjusted, after tax profit of around 1%.
Meanwhile, the Nasdaq is up 50% from the October lows last year. The S&P500 is up a humble 30%.
Technology stocks are up 60%.
Bitcoin is up 160% this year.
But investors are deciding to close their eyes to the current market trends and, for some reason, hoping it goes away. [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 Pulse Biosciences Inc $PLSE director Robert W. Duggan.
Duggan reported a purchase of $PLSE shares worth $1,385,672.
by JC
Sector rotation is the lifeblood of a bull market.
I would encourage you to go back and study every bull market in history. Do you know what you’ll find?
Sectors rotating.
And this bull market is no different. [Read more…]
by JC
This is the video recording of our December 4th Monthly Charts Live Strategy Session
From the Desk of Steve Strazza @Sstrazza
Welcome to The Minor Leaguers.
We’ve had some great trades come out of this small-cap-focused column since we launched it back in 2020 and started rotating it with our flagship bottom-up scan, Under the Hood.
For the first year or so, we focused only on Russell 2000 stocks with a market cap between $1 and $2B.
That was fun, but we wanted to branch out a bit and allow some new stocks to find their way onto our list.
We expanded our universe to include some mid-caps.
To make the cut for our Minor Leaguers list now, a company must have a market cap between $1 and $4B.
And it doesn’t have to be a Russell component — it can be any US-listed equity. With participation expanding around the globe, we want all those ADRs in our universe.
The same price and liquidity filters are applied. Then, as always, we sort by proximity to new highs in order to focus on the best players.
The goal is to catch the strongest names while they’re small and have serious upside potential. If any of these stocks ever climb the ranks to the big leagues, the returns could be huge.
We’re looking at up to 10x moves just to break into large-cap land!
Let’s dive into this week’s report and see what’s happening in some of the hottest stocks in the Minor Leagues.
From the Desk of Steve Strazza @sstrazza and Alfonso Depablos @Alfcharts
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.
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 22NW Fund, LP.
The hedge fund reported a $2,292,954 purchase of DIRTT Environmental Solutions Ltd $DRTTF shares.