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We're making a tactical bearish bet on a transportation stock that appears to be riding the rails south to lower prices.

It's got earnings coming up in late April, so we'll be buying an express ticket on a short-term play to capture a move....

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With Financials continuing to fall apart, we're focused on the assets that are making new highs - Bitcoin and Gold being 2 of them.

I was on Fox Business yesterday talking...

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ASC Chart of the Day

From the Desk of Kimmy Sokoloff

I like to say this market is not for the faint of heart.

This morning we're trading below the 200-day moving average on $SPY.

Unless we recover 392.44 we can head back...

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From the Desk of Ian Culley @IanCulley

The Federal Reserve handed down a 25-basis-point rate increase on Wednesday.

And Fed Chair Jerome Powell implied an impending pause in the hiking cycle.

You know what this means...

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Ian
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If you would've told me a few months ago that we'd see a large crypto exchange (FTX) go bust and later a number of big banks become insolvent and collapse to zero, I would've laughed you out of the room if you followed up with: "...and bitcoin will...

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The largest insider buy on today’s list comes in a Form 4 filing by Bihua Chen, the CEO of Cormorant Asset Management.

Chen revealed a purchase of $16.7 million in MoonLake Immunotherapeutics $MLTX.

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The Hot List

From the Desk of Kimmy Sokoloff

We saw a swift reversal down in the indices yesterday after the Fed's rate-hike announcement.

Now we need to see if we stabilize in here to trend back up or break down.

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We don't have bull markets without Financials.

Go back and check for yourself.

So this one, by definition, has to be the chart...

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ASC Chart of the Day

From the Desk of Steve Strazza @Sstrazza

When investing in the stock market, we always want to approach it as "a market of stocks."

Regardless of the environment, there are always stocks showing leadership and trending higher...

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Grant
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