The Japanese Yen hit levels last night not seen in over 30 years.

There was historic volatility this morning and some key reversals that may or may not hold over the short-...

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes via Form 4 filings by Warren Buffett and Berkshire Hathaway.

Buffett and Berkshire revealed a purchase of $28 million in The...

Imagine being one of these people who are lying to US citizens about falling interest rates?

Or worse, imagine being one of the poor victims who actually believed them?...

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider transaction on today’s list is a Form 4 filing by Biohaven Pharmaceutical Holding Company Ltd $BHVN director Gregory Bailey.

Bailey bought 25,503 BHVN...

You're finally seeing some of that defensive rotation with Utilities representing the only sector that is hitting new 6-month highs this week.

Here is a chart of Utilities...

Island Reversals are few and far between. They don't show up very often.

But when they do....look out!

Here's Meta, the parent...

From the Desk of Steve Strazza and Alfonso Depablos

The only insider transaction on today’s list is a Form 4 filing by William C. Rhodes.

Rhodes reported the acquisition of 50,000 shares of Regions Financial Corporation $RF at...

From the Desk of Steve Strazza and Alfonso Depablos

The most significant insider transaction on today’s list is a Form 4 filing by Atlas Venture Opportunity Fund.

The hedge fund reported the acquisition of 17,857 shares of...

Stock prices don't move based on "fundamentals".

Prices move based on positioning.

When investors are primarily on one side of a...

From the Desk of Steve Strazza and Alfonso Depablos

The most significant insider transaction on today’s list is a Form 4 filing by Cormorant Asset Management LP.

The hedge fund reported a purchase of $10.4 million in EyePoint...

From the Desk of Steve Strazza and Alfonso Depablos

The most significant insider transaction on today’s list is a Form 4 filing by Farhad A. Nanji, founder of MFN Partners Management LP.

Nanji reported an additional purchase...

As we've discussed here plenty, this year is very different than last year.

Remember in 2023 when breakouts would stick and prices of stocks and ETFs would keep heading...

Have you counted how many stocks and sectors put in failed breakouts?

Market breadth has been deteriorating so fast that most of the "breakouts" that everyone was so...

How's the stock market correction treating you so far?

The Nasdaq100 is only up 1% this year, underperforming a typical year for the market by a long shot.

From the Desk of Alfonso Depablos @AlfCharts

2024 is far from being like 2023. 

While we’ve experienced some healthy sector rotation, the first quarter was characterized by waning momentum.

With these long-standing...

You can now add the Dow Jones Industrial Average to the list of indexes that are DOWN for the year so far.

I've argued many times that the Dow Jones Industrial Average is...

From the Desk of Steve Strazza and Alfonso Depablos

The most significant transaction on today’s list is a 13D filing by Baker Bros Advisors LLC for Bicycle Therapeutics plc $BCYC.

Baker Bros revealed an increase in its...