The largest insider buy on today’s list comes in a Form 4 filing by Daniel David Daniel III, director of Domo Inc $DOMO.
Daniel reported a purchase of 26,400 DOMO shares, equivalent to $357,580.
Expert technical analysis of financial markets by JC Parets
by David
The largest insider buy on today’s list comes in a Form 4 filing by Daniel David Daniel III, director of Domo Inc $DOMO.
Daniel reported a purchase of 26,400 DOMO shares, equivalent to $357,580.
From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.
We’ve also sprinkled in some of the largest ADRs from countries that did not make the market cap cut.
These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.
It’s got all the big names and more — but only those that are based outside the US. You can find all the largest US stocks on our original Hall of Famers list.
The beauty of these scans is really in their simplicity.
We take the largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.
Based on the market environment, we can also flip the scan on its head and filter for weakness.
Let’s dive in and take a look at some of the most important stocks from around the world.
From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
We love our bottoms-up scans here at All Star Charts. We tend to get really creative when making new universes as we want to be sure they will deliver us the best opportunities the market has to offer.
However, when it comes to our latest project, it couldn’t be any simpler!
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 stocks.
Welcome to The Junior Hall of Famers.
This scan is composed of the next 150 largest stocks by market cap, those that come after the top 150 and are thus covered by the Hall of Famers universe. Many of these names will someday graduate and join our original Hall Of Famers list. The idea here is to catch these big trends as early on as possible.
There is no need to overcomplicate things. Market cap is a quality filter at the end of the day. It only grows if price is rising. That’s good enough for us.
The bottom line is it is a bull market. We want as many vehicles and options to express our bullish thesis as possible. This is a good way to do just that.
Let’s dive right in and check out what these future big boys are up to.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Jane T. Elfers, president and CEO of The Children’s Place $PLCE.
Elfers reported a purchase of 43,000 PLCE shares, equivalent to $1 million.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Bihua Chen on behalf of Helix Holdings LLC.
Helix revealed an additional purchase of $40 million in MoonLake Immunotherapeutics $MLTX.
by David
This is the video recording of the July 5, 2023, Hot Corner Insider Weekly Strategy Session.
From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
The new highs list continues to grow as more and more stocks resolve higher from their consolidations.
The word “rotation” is being thrown around a lot these days as value and cyclical groups have risen to the top of the leaderboard over short timeframes.
While the action can be categorized as rotation, I think a better description for what’s taking place is a broadening of the current rally.
Every single sector was higher in the month of June. So it’s not that money is coming out of the leaders as much as it is going into the laggards at an increasing rate.
At the end of the day it’s just semantics. What this expansion in participation means for investors is more bullish chart patterns and more long opportunities.
Let’s talk about some new ones from our Hot Corner universe.
by David
Today’s Hot List is a short one.
Director Richard F. LaRoche filed a Form 4 revealing a purchase of 2,100 shares of National HealthCare Corporation $NHC.