Profit Taking And A Pivot Is The Preferred Path Higher

Profit Taking And A Pivot Is The Preferred Path Higher

Markets are rallying after traveling down the road and flirting with disaster (a little 80’s southern rock reference) at 10,250. We thought the NASDAQ was poised to head higher but expected a little more of a fight from sellers as...
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Is Apple Getting Its Charge Back?

Is Apple Getting Its Charge Back?

Maybe, just maybe stocks have taken a turn for the better. If so, we noticed that sectors/industries that share wireless devices in common could be poised for some upside. Apple Inc. (AAPL) could be a beneficiary if we’ve made the...
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CarMax’s CEO Change Of Heart Is A Guess

CarMax’s CEO Change Of Heart Is A Guess

Twenty-twenty-three started off slowly for insider buying. It’s not unexpected in a shortened trading week with the smell of economic uncertainty filling the air. As usually, we did find a noteworthy insider buy. CarMax, Inc. (KMX) President and Chief Execut...
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Signs Of Life After 10,250

Signs Of Life After 10,250

Stocks survived a crucial test of support last week as the NASDAQ stayed north of 10,250. We thought a relief rally could be in the cards and here we are. However, upside could meet a heavy lid once the index...
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KB Home To Pop Or Drop On Earnings?

KB Home To Pop Or Drop On Earnings?

The end of the year is also the end of the fourth quarter. That means earnings season is about to get started. Next week is dominated by major banks releasing their results on Friday. They include powerhouse names like Bank...
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A Shining STAAR Atop The Insider Buying Tree

A Shining STAAR Atop The Insider Buying Tree

T’was the trading week of Christmas, insider trading was quiet, what did you expect? However, a STAAR did shine bright. Broadwood Capital is one of STAAR Surgical Company’s (STAA) largest shareholders, owning more than 10% of the company. As a...
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New Year Brings New Hope

New Year Brings New Hope

The New Year brings in fresh hopes for something better. We make resolutions. I am really going to lose those extra pounds this year, by the way, where are the M&Ms? We want to turn the page on the year...
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A Consideration If All Hell Breaks Loose

A Consideration If All Hell Breaks Loose

The NASDAQ is venturing into potential treacherous territory. The technology-heavy index is dangerously close to breaking support at 10,250. If the technical bottom for 2022 gives way, then the NASDAQ is just an express trip away from challenging 10,000. Ten-K...
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LOVE – This Week’s Insider Buy

LOVE – This Week’s Insider Buy

Most of last week’s insider buys were made by institutions. Corporate executives didn’t give us much to choose from this week. Fortunately, there was one. The Lovesac Company (LOVE) and Chairman of the Board Joe Kiani added another $1 million...
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