The most significant insider transaction on today’s list comes in a Form 4 from Carl Icahn.
Icahn bought $30 million worth of Southwest Gas Holdings $SWX, increasing his ownership stake from 12.64% to 14.44%.
Expert technical analysis of financial markets by JC Parets
by David
The most significant insider transaction on today’s list comes in a Form 4 from Carl Icahn.
Icahn bought $30 million worth of Southwest Gas Holdings $SWX, increasing his ownership stake from 12.64% to 14.44%.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Bihua Chen, the CEO of Cormorant Asset Management.
Chen revealed a purchase of $16.7 million in MoonLake Immunotherapeutics $MLTX.
by Ian Culley
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
The largest insider buy on today’s list comes in a Form 4 filing by Steven Klinsky, a director of New Mountain Finance Corporation $NMFC.
Klinsky reported a purchase of roughly $1.1 million.
by David
This is the video recording of the March 22, 2023, Inside Scoop Weekly Strategy Session.
by David
The largest insider buy on today’s list comes in a Form 4 filing by Joe Craft, president and CEO of Alliance Resource Partners $ARLP.
Craft reported a purchase of roughly $2.7 million.
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.
From the desk of Steve Strazza @Sstrazza.
Welcome back to Under the Hood, where we’re covering all the action for the week ended March 17, 2023. This report is published bi-weekly and rotated with The Minor Leaguers.
What we do here is analyze the most popular stocks during the week and find opportunities to either join in and ride these momentum names higher, or fade the crowd and bet against them.
We use a variety of sources to generate the list of most popular names.
There are so many new data sources available that all we need to do is organize and curate them in a way that shows us exactly what we want: a list of stocks that are seeing an unusual increase in investor interest.
Click here for a behind-the-scenes look at our process.
Whether we’re measuring increasing interest based on large institutional purchases, unusual options activity, or simply our proprietary lists of trending tickers, there’s a lot of overlap.