Two Directors at Tidewater Inc sold/sold after exercising options 387,094 shares at between 104.911USD and 106.380USD. The significance rating of the trade was 91/100. 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 th...
Expecting Russell 2000 (IWM) Breakout Above $199 We continue to believe the path of least resistance is higher for the major equity indexes, which has been our stance since our 5/30/23 ETF Pathfinder. We also remain bullish on the S&P 500, and we expect to see support at its 50-day MA moving forward. Beginning with our 7/18/23 Compass, we discussed our expectation for major 1+ year breakouts on the equal-weighted S&P 500 (RSP), Dow, and Russell 2000 (IWM). The breakouts happened later that day ...
Treasury Yields Reversing Higher Our outlook remains neutral and we continue to expect the 4165-4200 level to cap upside on the S&P 500. With that said, there has yet to be any meaningful deterioration, and a move up to test the August 2022 highs in the 4300-4325 range is not out of the question. Either way, we continue to preach caution and believe that upside is limited on the market indexes. Treasury yields are starting to reverse above multi-month downtrends, and we are monitoring for simil...
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.
Rally Continues Following Breaks in USD & 10-Yr Yield Our Russell 2000 (IWM) and S&P 500 targets for this rally have been the 200-day MAs, coinciding with YTD downtrends. The Russell already hit this target while the S&P is closing in, less than 1% away. Still, the vast majority of signals point to further upside ahead for the market indexes. These same signals also suggest a possible end to this bear market, something that we have said would be the case if the IWM and S&P 500 can break above (...
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