The largest insider transaction on today’s list comes in a Form 4 filed by Lloyd M. Yates, director, president and CEO of NiSource Inc $NI.
Yates reported a purchase of 40,000 shares of NI, equivalent to $1,057,600.
Expert technical analysis of financial markets by JC Parets
by David
The largest insider transaction on today’s list comes in a Form 4 filed by Lloyd M. Yates, director, president and CEO of NiSource Inc $NI.
Yates reported a purchase of 40,000 shares of NI, equivalent to $1,057,600.
by JC
With stocks selling off this quarter, the bears are back.
Could you imagine still telling yourself that the rally we got in equities over the past year was a bear market?
What kind of serial killer thinks like that?
A 3-5% correction in some of the major Indexes can cause people to lose their minds.
Heck, you may be wondering yourself if this is the beginning of a huge move lower for stock prices. I certainly am.
Remember, every big move starts with a small one. But not every small move turns into a big one.
That’s where Credit Spreads come in. If there is real stress in the market, you’re going to see it in credit.
But as stock prices corrected this month, Credit Spreads only got more narrow.
Here’s an easy way to view that, comparing the prices of High Yield Bonds vs US Treasury Bonds: [Read more…]
by David
From the Desk of Kimmy Sokoloff
It’s the last week of August, and the market had a nice recovery on Friday.
We’ll see if $SPY 440 holds for a move back to 444 or not.
by Ian Culley
From the desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
Our Hall of Famers list is composed of the 150 largest US-based stocks.
These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.
It has all the big names and more.
It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that. Click here to check it out.
The Hall of Famers is simple.
We take our list of 150 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.
Let’s dive right in and check out what these big boys are up to.
by David
From the Desk of Kimmy Sokoloff
It was a very volatile Friday — up, down, and all around.
That makes for tough trading, and I told the people in the Live Trading Room the best you can do is to NOT trade today.
That being said…
by Ian Culley
From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
Welcome to The Junior International Hall of Famers.
With the goal of finding more bullish setups, we have decided to expand one of our favorite scans and broaden our regular coverage of the largest US-listed international stocks, or ADRs.
This scan is composed of the next 100 largest stocks by market cap, those that come after the top 100 and are thus covered by the International Hall of Famers universe.
Many of these names will someday graduate and join our original International Hall Of Famers list. The idea here is to catch these big trends as early on as possible.
Let’s dive right in and check out what these future big boys are up to.
by David
The largest insider transaction on today’s list comes in a Form 4 filed by Sanford Robertson, director of Cassava Sciences $SAVA.
Robertson reported a purchase of SAVA shares in the amount of $523,500.
by David
From the Desk of Kimmy Sokoloff
Happy Friday!
We can expect some volatility today, starting pretty early, due to Jerome Powell speaking at the Fed Symposium in Jackson Hole.
If the market likes what the Fed Chair has to say, $SPY could push above 440.20. If not, we can potentially see 432.
Might be hard to get movement early this morning.