Did you know there is a Chinese equivalent for all the top tech companies in the United States?
They do not import our technologies like most countries. They ban them. Then, they copy and recreate them with new names.
I love this clip from Silicon Valley, an old HBO show that poked fun at this. It was spot-on about a lot of things.
For purposes of this discussion, I ask you to forget any of your feelings on intellectual property theft and the general geopolitical concerns about Chinese technology. This has nothing to do with any of that.
This post is about making money on an emerging area of the international equities market.
There is a brand new bull market shaping up over in China. This is one of the largest and fastest-growing economies in the world. It is also home to some of the most innovative technology companies outside of America.
Interestingly enough, many of these Chinese tech leaders are also massive. They dominate the Chinese stock market, much like the Magnificent Seven dominates...
December has a magic of its own, doesn't it? Whether it's the holidays, New Year's Eve celebrations, or the irresistible spread of good food, there's something special about this time of year.
It’s a season filled with activity and reflection—and not just in our personal lives.
The stock market also tends to sparkle in December. Historically, this month has been a strong one for equities.
Since 1950, the average cumulative December performance of the S&P 500 paints a picture of steady gains—but the real fireworks usually happen toward the end of the month.
This phenomenon is referred to as the “Santa Claus rally.”
Starting the last five days of the year and extending into the first two days of January, this rally has a reputation for delivering outsized returns.
It's like the market decides to gift investors a little extra trading gains.
Your struggles are most certainly different than mine. It follows that they are different from your neighbors, work colleagues, friends, and even family members.
They may be better or worse. It doesn't matter. What does matter is that you have struggles, they are yours, and to varying degrees, these struggles affect your mental health and put you at risk of entering a self-fulfilling spiral that you can't escape from until you've lost everything.
I believe traders and finance professionals don't talk enough about their struggles. I know I personally do not.
There is a pervasive, institutionalized, and incentivized culture in our industry to project calm and confidence at all cost.
Everything is great! We're making a ton of money! Nobody is better than us! Let us manage your money for you!
I'm calling bullshit on that because the costs are greater than we can imagine.
The sooner we talk about it, the better we can tackle problems with effective solutions, and the likelier we are to achieve desirable results.
If any of this resonates with you, I encourage you to...
Thilo Schroeder, director of Revolution Medicines $RVMD and managing member of Nextech Invest, made waves with a $60 million insider buy, acquiring 1.3 million shares.
Nextech, known for investing in cutting-edge life sciences companies, often backs transformative players in oncology.
Schroeder's move underscores his confidence in RVMD’s potential.
Here’s The Hot Corner, with data from December 9, 2024:
Kevin Tang, President of Tang Capital Management, filed a Form 4 revealing a $10,822,000 purchase in Aurinia Pharmaceuticals Inc $AUPH.
Last but not least, the CEOs of MSCI Inc $MSCI and Biglari Holdings Inc $BH both filed Form 4s, revealing purchases of their own stock.
We have now experienced 6 consecutive days with more S&P 500 stocks declining than advancing. This matches the previous streak of negative breadth observed over the past seven years.
Should we be concerned about this?
Here’s the chart:
(right-click and open image in new tab to zoom in)
Let's break down what the chart shows:
The blue line in the top panel shows the price of the S&P 500 index.
The black line at the bottom represents the consecutive days the S&P 500 had more decliners than advancers.
The Takeaway: When we dig into the data, we can see that during the past 6 trading days, several large stocks increased in size while many smaller stocks decreased. This shift in market participation doesn't mean the market is now going to fall.
It suggests a rotation back into stocks that have recently underperformed, particularly large-cap growth companies.
The top 10 stocks by market cap have an average return of 4.9% since last Monday...
Below is the 9th ASC Mastermind Course. In this video, I discuss my process for finding the best small-caps.
If you don't pay attention to small-caps, you should start.
At All Star Charts, we look at small-caps for two reasons: they give us valuable information about the market, and they give us many trade ideas.
Small-caps might have a reputation for underperforming large-caps at the index level (at least, for most of the last 15 years), but at the individual stock level, this is where the biggest winners are often found. After all, every large-cap stock was once a small-cap.
The challenge in trading small-caps however, is that there's so many of them. So we've come up with a number of scans specifically designed to help us identify the small-caps in the best position to pop. Here's how we do it.
Several months ago, we discussed the blowout momentum readings for the junior gold and silver miners.
These momentum thrusts often initiate the beginning of significant trend reversals, not the end.
Since then, the price action has been lackluster. However, our technical analysis suggests that the bulls are on the cusp of stepping in and resuming the primary uptrend.
Let's delve into the charts and how we plan to profit from them.
Silver Miners $SIL are printing fresh 52-week highs relative to silver futures:
It's not just Technical Analysis all the time. It's actually quite the opposite. We have a lot of conversations with really smart people about all kinds of topics.
Today's guest is my pal Steve Reitmeister, who brings 40 years of experience, including being Editor-in-Chief at Zacks.com and CEO of Stocknews.com.
Welcome back to Under the Hood, where we'll cover all the action for the two weeks ended December 6, 2024. This report is published bi-weekly, in rotation 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’...