In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
Two Directors at Red Rock Resorts Inc bought 200,000 shares at 51.341USD. The significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years...
U.S. Dollar, 10-Year Treasury Yield, Commodities. Over the past two weeks we have discussed the multitude of signals that either suggest (1) the bear market is over, or (2) this rally is likely to continue. Nothing has changed in terms of these expectations. Chief among the reasons we expect the rally to continue are the breakdowns in the U.S. dollar (DXY) and 10-year Treasury yield, which we view as possible early topping signals. Commodities and WTI crude oil have continued to consolidate, tho...
Conditions Improving; Watching Cyclicals, 10-Yr Yield Market conditions have started to improve, and the bottom line is that all Sectors and major indexes remain above critical supports. The absence of breakdowns continues to support our overall constructive outlook, and we are watching the 10-year Treasury yield, small-caps (IWM), Financials (XLF), and Industrials (XLI) closely for signs that a new broad-based rally is upon us. Conditions Improving. The 10-year Treasury yield displays early s...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
Large-Cap Growth Playing Catch-Up Our outlook remains bullish and we continue to view any weakness as a buying opportunity. Our bullish outlook is supported by continued positive market dynamics and the fact that the S&P 500 and Nasdaq 100 are holding above key support levels. · S&P 500, Nasdaq 100. Key support levels we are watching on the S&P 500 remain unchanged; immediate short-term support is in the 3630-3645 zone, with the next important support levels coming in at 3588 and 3550. A...
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
Correction Over? Important price support levels previously highlighted have held strong, including the 3200-3230 level on the S&P 500, 10,855 on the Nasdaq 100, and $145/the 200-day MA on the Russell 2000 (IWM). Additionally, both the S&P 500 and Nasdaq 100 are breaking out from their bullish falling wedge patterns that have been taking shape since the early-September highs. These bullish inflections are encouraging and, combined with market dynamics which remain mostly healthy, lead us to beli...
Bulls Remain In Control It is hard to believe the market is within reach of its prior highs considering everything that has transpired this year: rioting/looting, a global pandemic, historic unemployment levels, and rising US-China tensions. The market is looking past these concerns in favor of the positives, namely: historic fiscal and monetary support, reopening the economy/flattening the curve, COVID-19 vaccine/treatment hopes, and low rates. As long as the breakouts that we highlighted last...
Still Bullish, But With Reservations And just like that, the S&P 500, Nasdaq, and the Dow have reclaimed new highs despite ongoing coronavirus concerns, as a buy the dip strategy has paid off. Primarily responsible for new highs in these indexes is Technology (esp. software and semis/semi suppliers) and FAANG stocks. While these areas all remain bullish, we still have some reservations due to the massive disparity in performance between them and the Materials (XLB, XME) and Energy (RYE) Sectors...
NEW ORLEANS--(BUSINESS WIRE)-- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Red Rock Resorts, Inc. (NasdaqGS: RRR). On May 1, 2017, Red Rock Resorts disclosed that “[o]n April 27, 2017, the Company purchased entities that own the land subject to the Boulder land lease and the Texas land lease from the Related Lessor for aggregate consideration of $120 million.” The two ground leases are ...
NEW ORLEANS--(BUSINESS WIRE)-- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Red Rock Resorts, Inc. (NasdaqGS: RRR). On May 1, 2017, Red Rock Resorts disclosed that “[o]n April 27, 2017, the Company purchased entities that own the land subject to the Boulder land lease and the Texas land lease from the Related Lessor for aggregate consideration of $120 million.” The two ground leases are ...
LOS ANGELES--(BUSINESS WIRE)-- Glancy Prongay & Murray LLP (“GPM”) announces an investigation against the board of directors of Red Rock Resorts, Inc. (“Red Rock” or the “Company”) (NASDAQ: RRR) including whether the board has breached its fiduciary duties to shareholders. To obtain information or aid in the investigation, please visit the Red Rock investigation page on our website at www.glancylaw.com/case/redrock The investigation concerns whether the Company board of directors has breached its fiduciary duties to sh...
NEW YORK--(BUSINESS WIRE)-- Levi & Korsinsky announces it has commenced an investigation of Red Rock Resorts, Inc. (NASDAQ:RRR) concerning possible breaches of fiduciary duty. To obtain additional information, go to: http://www.zlkdocs.com/RRR-Info-Request-Form-5948 or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you. Levi & Korsinsky is a national firm with offices in New York, ...
WILMINGTON, Del.--(BUSINESS WIRE)-- Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violation claims and breach of fiduciary duty claims against Red Rock Resorts, Inc. (NASDAQGS: RRR) (“Red Rock Resorts” or the “Company”). If you currently own shares of Red Rock Resorts and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-in...
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