From the Desk of Steve Strazza

The largest insider transaction on today’s list comes in a Form 4 filed by Ares Management Company.

The hedge fund reported a purchase of Frontier Communications Parent Inc $FYBR shares in the amount of $573,540.

From the Desk of Steve Strazza

The largest insider transaction on today’s list comes in a Form 4 filed by Lloyd M. Yates, director, president and CEO of NiSource Inc $NI.

Yates reported a purchase of 40,000 shares of NI, equivalent to $1,057,600.

This is the video recording of the August 23, 2023, Hot Corner Insider Weekly Strategy Session.

This is the video recording of the August 18, 2023, Hot Corner Insider Weekly Strategy Session.

This is the video recording of the August 9, 2023, Hot Corner Insider Weekly Strategy Session.

This is the video recording of the August 2, 2023, Hot Corner Insider Weekly Strategy Session.

This is the video recording of the July 26, 2023, Hot Corner Insider Weekly Strategy Session.

This is the video recording of the July 19, 2023, Hot Corner Insider Weekly Strategy Session.

This is the video recording of the July 19, 2023, Hot Corner Insider Weekly Strategy Session.

This is the video recording of the July 5, 2023, Hot Corner Insider Weekly Strategy Session.

From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts

The new highs list continues to grow as more and more stocks resolve higher from their consolidations.

The word “rotation” is being thrown around a lot these days as value and cyclical groups have risen to the top of the leaderboard over short timeframes.

While the action can be categorized as rotation, I think a better description for what’s taking place is a broadening of the current rally.

Every single sector was higher in the month of June. So it’s not that money is coming out of the leaders as much as it is going into the laggards at an increasing rate.

At the end of the day it’s just semantics. What this expansion in participation means for investors is more bullish chart patterns and more long opportunities.

Let’s talk about some new ones from our Hot Corner universe.

This is the video recording of the July 5, 2023, Hot Corner Insider Weekly Strategy Session.