Every weekend, I dig into our insider activity tracker looking for the biggest conviction buys โ and this week checked all the boxes: Baker Bros, coal stocks, big software bets, and precious metals.
What immediately stands out is how the precious metal miner ETFs have migrated to the top of the table. This points to a pronounced increase in relative strength as equity markets have sold off.
Wall St and Retailers adjusting to a random news flow world...
Remember the beginning of January? Retailers were pre-announcing strong Holiday sales and margins. Consumer Discretionary stocks were on a heater dating all the way back to pessimism...
There were some sweet earnings reactions on Wednesday. It was a day for the bulls.
Super Micro Computer $SMCI filed an overdue earnings report. The market didn't care about the numbers. It was just happy to hear the company wasn't a complete...