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    Monday, January 7, 2019

    Stock Market - Significant Insider Trading Activity (Last 7 Days)

    Stock Market - Significant Insider Trading Activity (Last 7 Days)


    Significant Insider Trading Activity (Last 7 Days)

    Posted: 07 Jan 2019 12:49 PM PST

    This is a list of the top 20 companies that experienced the largest change in insider shares in the last seven (7) days. The SEC defines an insider as any officer, director or 10% shareholder. It is not illegal for these people to buy or sell their own shares. In fact, since most of them get paid in stock options, it is expected. However, it is illegal for them to trade on inside information that has not been made public. So for example if there are drug trial results that are bad and not public, insiders cannot dump shares. That said, many people have observed that insiders - in general - seem to have a good track record at timing their purchases. All trades that are marked as part of a 10b5 plan are excluded from this report.

    Largest Insider Buying (Last 7 Days)

    Company Count Shares Changed Avg. Price Value Change
    DYNT / Dynatronics Corp. 9 78,069
    BKEP / Blueknight Energy Partners L.P., L.L.C 1 3,175
    OCPIX / OFI Carlyle Private Credit Fund 2 1,565,762 10 15,000,000
    IFF / International Flavors & Fragrances, Inc 2 92,900 134 12,464,405
    EFR / Eaton Vance Senior Floating-Rate Fund 2 228,330 13 2,904,395
    HY / Hyster-Yale Materials Handling, Inc. 672 33,890 62 2,101,492
    PVA / Penn Virginia Corporation 1 30,000 55 1,661,886
    EHI / Western Asset Global High Income Fund Inc. 1 185,213 8 1,563,198
    MEET / MeetMe, Inc. 8 253,070 5 1,190,000
    FDX / FedEx Corp. 1 7,000 163 1,140,446
    EBAY / eBay, Inc. 1 17,787 28 501,766
    OPK / Opko Health, Inc. 42 120,000 3 395,319
    HIX / Western Asset High Income Fund II, Inc. 2 54,700 6 319,294
    CFMS / ConforMIS, Inc. 1 560,000 0 229,600
    APPN / Appian Corp. 2 4,945 26 129,608
    REED / Reeds, Inc. 2 50,000 2 100,000
    CLAC / Capitol Acquisition Corp. III 1 10,000 9 92,547
    NES / Nuverra Environmental Solutions, Inc. 1 9,683 9 89,607
    QHYG / QHY Group 1 8,229,930 0 82,299
    OTEL / Otelco, Inc. 1 5,000 16 80,050
    CUBA / Herzfeld Caribbean Basin Fund 2 16,000 5 79,730
    DNP / DNP Select Income Fund, Inc. 1 7,000 10 73,080
    SEAC / SeaChange International, Inc. 1 45,000 1 63,900
    CLOK / Cipherloc Corp. 1 31,145 2 52,725
    AAIDX / Axonic Alternative Income Fund 1 2,000 25 50,000
    SONA / Southern National Bancorp of Virginia, Inc. 3 6,500 7 44,640
    DNBF / DNB Financial Corp. 7 1,631 27 44,363
    EQT / EQT Corp. 2 2,061 19 38,932
    ARPO / Aerpio Pharmaceuticals Inc 1 20,000 2 38,838
    INOD / Innodata Inc 2 25,061 1 37,341
    WEYL / Weyland Tech Inc. 1 50,000 1 31,000
    MRCC / Monroe Capital Corp 2 2,700 10 26,112
    FEIM / Frequency Electronics, Inc. 1 2,600 10 25,350
    CORR / CorEnergy Infrastructure Trust, Inc. 2 750 34 25,233
    LTS / Ladenburg Thalmann Financial Services, Inc. 2 10,000 2 24,171
    NHS / Neuberger Berman High Yield Strategies Fund 3 2,000 10 19,196
    FIZN / First Citizens Bancshares, Inc. 1 50 378 18,925
    RICK / RCI Hospitality Holdings, Inc. 3 786 21 16,526

    Largest Insider Selling (Last 7 Days)

    Company Count Shares Change Avg. Price Value Change
    NKE / Nike, Inc. 3 -350,000 74 -25,860,635
    RFIL / RF Industries, Ltd 4 -15,720 1,820 -18,897,484
    IR / Ingersoll-Rand plc 1 -166,407 90 -15,041,961
    GOOG / Alphabet Inc. Class C 10 -10,000 1,023 -10,231,290
    RP / RealPage, Inc. 2 -200,000 47 -9,442,000
    NEWR / New Relic, Inc. 6 -89,000 77 -6,799,425
    ADP / Automatic Data Processing, Inc. 15 -49,544 129 -6,390,520
    AMRN / Amarin Corp. Plc 1 -385,000 13 -5,015,703
    CME / CME Group, Inc. 3 -17,960 187 -3,357,016
    L / Loews Corp. 3 -68,748 45 -3,100,764
    ILMN / Illumina, Inc. 19 -9,124 294 -2,681,629
    PEG / Public Service Enterprise Group, Inc. 2 -52,406 51 -2,665,840
    KTN / Structured Products CorTS, Aon Capital A, 8.205% Certificates 1 -23,155 98 -2,267,847
    ROKU / Roku Inc 5 -60,000 31 -1,843,589
    NDSN / Nordson Corp. 2 -15,580 117 -1,823,083
    ABC / AmerisourceBergen Corp. 1 -21,350 74 -1,579,046
    EVV / Eaton Vance Limited Duration Income Fund 4 -122,389 12 -1,453,101
    ELLI / Ellie Mae, Inc. 4 -18,128 64 -1,154,935
    HLX / Helix Energy Solutions Group, Inc. 1 -110,000 10 -1,057,100
    GNRC / Generac Holding Inc. 3 -20,000 50 -999,909
    LPSN / LivePerson, Inc. 1 -45,837 18 -827,633
    EA / Electronic Arts Inc. 6 -10,250 79 -815,482
    LEN / Lennar Corp. 1 -20,000 40 -800,600
    WAT / Waters Corp. 2 -4,208 187 -780,154
    VNDA / Vanda Pharmaceuticals, Inc. 11 -28,488 26 -751,326
    FDS / FactSet Research Systems, Inc. 3 -3,779 198 -742,687
    TNDM / Tandem Diabetes Care, Inc. 2 -20,000 36 -713,511
    BFA / BROWN FORMAN CORP 1 -14,721 47 -684,753
    GSHD / Goosehead Insurance, Inc. 3 -25,092 27 -677,727
    KR / Kroger Co. 1 -23,922 27 -653,083
    CTXS / Citrix Systems, Inc. 3 -5,990 101 -603,326
    NUAN / Nuance Communications, Inc. 5 -40,631 13 -528,149
    CIK / Credit Suisse Asset Management Income Fund, Inc. 1 -186,825 3 -526,847
    COST / Costco Wholesale Corp. 3 -2,350 206 -483,603
    NEM / Newmont Mining Corp. 4 -13,250 34 -455,415
    APPF / AppFolio, Inc. 3 -7,500 58 -436,642
    NG / NovaGold Resources Inc. 3 -110,880 4 -436,496
    UDR / UDR, Inc. 1 -10,000 39 -392,400
    EMAN / eMagin Corp. 7 -400,000 1 -384,158
    PLAB / Photronics, Inc. 6 -39,499 10 -379,292
    VCEL / Vericel Corporation 2 -22,500 17 -378,693

    Count column is number of transactions.

    Source: Fintel.io/insiders

    submitted by /u/badpauly
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    Samsung Shocks Investors With 18% Drop in Profit in the Fourth Quarter 2018

    Posted: 07 Jan 2019 05:14 PM PST

    The South Korean tech giant predicted operating profit for the three months ended December was approximately 10.8 trillion Korean won ($9.67 billion), which was below the 13.2 trillion won that analysts predicted, and a 38.5 percent drop from the previous quarter. (CNBC)

    Looks like AAPL is not the only one who's struggling.

    https://www.cnbc.com/2019/01/08/samsung-q4-guidance-.html

    submitted by /u/markyu007
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    America is becoming one of the worlds biggest oil exporters. Does that make American oil companies a good buy?

    Posted: 07 Jan 2019 01:48 PM PST

    I've been trying to wrap my head around this and could use some help.

    The United States has gone from a net oil importer to a net oil exporter.

    America is also not a member of OPEC and therefore doesn't have to follow their rules

    Does this make American oil companies a good buy?

    How does the price of oil affect US oil stocks? What about total supply and supply from other countries?

    I'm looking at XOM and WTI but open to other suggestions

    submitted by /u/JamieOvechkin
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    High Quality Stocks Get Cheaper As Share Price Falls

    Posted: 07 Jan 2019 05:57 AM PST

    Remember no matter how "good" a technician is, there is no way of knowing the direction of the market. There are ways to predict and guess based on statistics and odds, however geopolitical events and Tweets can blow up any chart. Remember when you invest not to let Mr. Market get the best of you! Fear and panic Have no role in investing, just buy high quality companies when it makes business sense.

    https://www.youtube.com/watch?v=IUu9PyvnBds

    submitted by /u/dmwes4
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    Storytime: My tragic relationship with $PCG

    Posted: 07 Jan 2019 07:37 PM PST

    So after the wildfire, I suspected $PCG would rebound so I bought it at $22.00. After a week or two, it raised up to around $27 which was a 25% return. I was greedy and assumed that nothing else could go wrong. Out of nowhere, $PCG was caught falsifying records. It dropped to around $24 which still left me in a 10% return. I decided to be persistent and stick with it. And just recently, $PCG is now filing for bankrupty and is now at $19. So now I'm at a 10% deficit... I'm thinking of just pulling out now before it goes completely bankrupt... Any thoughts?

    submitted by /u/fucktheaugustsat
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    Are treasury bonds considered a risky buy right now?

    Posted: 07 Jan 2019 10:41 AM PST

    I know that this sub is called stock market but I know there are a lot of people who know about bonds on here

    submitted by /u/thedayisred
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    A Helpful Website

    Posted: 07 Jan 2019 05:36 PM PST

    A friend showed me a website today: finviz.com. I had been looking for a website like this for a while, and was super excited to finally be able to use it. I highly recommend taking a look at the website if you don't know what it is. It's a website with a huge database of stocks that allows you to search for certain stocks with filters.

    submitted by /u/funkyturtl
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    I understand what compound interest is, but how do you go about executing it?

    Posted: 06 Jan 2019 10:53 PM PST

    I’m New to the stock Market, and I need some help with a school competition

    Posted: 07 Jan 2019 01:54 PM PST

    My teacher decided to host a multi-period competition to see who can get the most money. We're using this website called market watch and we're given $10k of fake money. So far, I am hooked. However, I don't really know where to start investing from. I bought one share from amazon, a few from Costco and lululemon, and the rest I have not decided what to use on?

    Edit: forgot to mention this is over a period of 2 months starting today

    submitted by /u/_NecroVenom_
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    Amazon stock surges to surpass Microsoft as most valuable U.S. company

    Posted: 07 Jan 2019 06:08 PM PST

    Source: https://www.marketwatch.com/story/amazon-stock-surges-to-surpass-microsoft-as-most-valuable-us-company-2019-01-07

    Just to add: Amazon stock is up 17% since Christmas. Where's that bear market?

    submitted by /u/markyu007
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    Greenspan says stock market "is still a bit too high"

    Posted: 07 Jan 2019 08:18 AM PST

    https://www.marketwatch.com/story/greenspan-says-stock-market-is-still-a-bit-too-high-2019-01-07

    I think he is just being politically correct or using Trump's advise to "just feel the market and ignore the numbers".

    As the matter of fact as of today the stock market is overvalued by 32% based on GDP vs Market Capitalization Ratio of 122%.

    https://www.gurufocus.com/stock-market-valuations.php

    submitted by /u/GOVADM
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    YETI Stock

    Posted: 07 Jan 2019 04:07 PM PST

    How do you guys feel about Yeti stock? It has been a few months since its IPO and I am looking to invest. However, I am open to any other opinions

    submitted by /u/berkyz
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    Any Canadian day traders here?

    Posted: 07 Jan 2019 07:14 PM PST

    Wanted to get into day trading but we don't have any awesome stuff like robin hood or think or swim.

    You can sign up for a paper account but that's it.

    Td webroker is pretty clumsy and questrade looks like trash. How are you supposed to monitor stocks the only thing I can think of is to use thinkorswim paper in conjunction with another broker.

    Also etrade is no longer allowed here either?

    submitted by /u/psxpetey
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    2018 Stock Performances: US Stocks DOWN 7.7%, International stocks DOWN 15.5% (Lipper data)

    Posted: 07 Jan 2019 07:12 PM PST

    Investing only in the US

    Posted: 07 Jan 2019 11:30 AM PST

    As someone who doesn't wish to invest in stocks, would it make sense to buy a ETF that includes only S&P 500 instead of a global ETF ?

    I'm starting to give up on everything that's Ex US.

    Thanks guys.

    submitted by /u/flandcdn
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    Breadth is very strong while stocks are surging. What’s next for stock

    Posted: 07 Jan 2019 06:32 PM PST

    As the S&P 500 makes a sharp upwards reversal towards its 38.2% fibonacci retracement, the U.S. stock market's breadth is surging and risk-off assets (USD) are falling.

    This combination of extremely strong breadth and a decline in risk-off assets often leads to short term weakness before a bigger medium term rally, but sometimes was a part of V-shaped recoveries. Moral of the story: focus on the medium term instead of the short term. Although V-shaped recoveries are unlikely, there are not impossible.

    https://bullmarkets.co/breadth-is-very-strong-while-stocks-are-surging-whats-next-for-stock/

    submitted by /u/troybombardia
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    Samsung missed earnings and poor guidance.. short chip stocks?

    Posted: 07 Jan 2019 05:11 PM PST

    Samsung just missed ER and had poor guidance, blaming it on weak chip demand and smartphone demand. Is it a good idea to short chip stocks like MU and WDC tomorrow? Or is this priced in already?

    submitted by /u/nocehr
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    Significant Activist Hedge Fund Activity (Last 7 Days)

    Posted: 07 Jan 2019 12:50 PM PST

    These are the latest Schedule 13D forms filed by activist investors in the last 7 days. Activist investors are investors that make an investment with the intention of influencing management in some way. There is evidence that following activist investors into investments can generate excess returns. Schedule 13G forms, in contrast, are filed by significant investors with no intention of influencing management (such as Index funds).

    There is always a lot of interest in insider trades, but what a lot of people probably don't realize is that hedge fund activity is probably more predictive of future returns than insider activity. The reason is that hedge funds (a) have large research budgets, and (b) have a choice where to put their money. In contract, insiders have no choice where to put their money, but only when to time their transactions.

    New Filings

    This table lists new 13D filings in the last week. A new filing does not necessarily indicate a new position, as investors frequently accumulate in advance before reaching the filing threshold.

    Date Form Company Investor Shares Ownership Change
    01‑04 13D FSAC / Federal Street Acquisition Corp. Fs Sponsor Llc 0 0.0% -100.00
    01‑04 13D BHE / Benchmark Electronics, Inc. Engaged Capital LLC 2,236,787 5.1%
    01‑04 13D AXNX / Axonics Modulation Technologies, Inc. Cooperatieve Gilde Healthcare Iv U.a. 3,133,332 11.3%
    01‑03 13D USWS / U.S. Well Services, Inc. Class A Matlin David J 4,715,155 8.9%
    01‑02 13D BUES / Blue Spa, Inc. Muehlbauer Kurt Manfred Henry 500,000 5.5%
    01‑02 13D BUES / Blue Spa, Inc. Muehlbauer Stefan 1,000,000 11.0%
    12‑31 13D KRP / Kimbell Royalty Partners, LP Rivercrest Royalties Holdings Ii, Llc 2,167,313 11.2%
    12‑31 13D KRP / Kimbell Royalty Partners, LP Rivercrest Capital Partners Lp 2,813,179 13.5%
    12‑31 13D WINT / Windtree Therapeutics, Inc. Ivy Blue Holdings Ltd 4,336,790 13.5%
    12‑31 13D WINT / Windtree Therapeutics, Inc. Panacea Venture Healthcare Fund I, L.p. 6,791,018 19.8%
    12‑31 13D WINT / Windtree Therapeutics, Inc. China Cardiovascular Focus Ltd 8,063,861 25.1%
    12‑31 13D GLU / Gabelli Global Utility & Income Trust (The) GAMCO INVESTORS, INC. ET AL 88,828 7.06%
    12‑31 13D VUZI / Vuzix Corp Travers Paul J 2,653,038 9.6%
    12‑31 13D NTRI / NutriSystem, Inc. Magnetar Financial LLC 1,875,824 6.38%
    12‑31 13D PFSW / PFSweb, Inc. Hoak Public Equities, LP 1,000,000 5.19%
    12‑31 13D BEDU / Bright Scholar Education Holdngs Ltd Yang Huiyan 87,590,000 87.6% 338.00
    12‑31 13D BEDU / Bright Scholar Education Holdngs Ltd Yang Meirong 87,590,000 87.6% 20.66

    Amended Filings

    This table lists amended filings in the last week, and is useful for monitoring changes in existing investments or when a fund closes a position. I have eliminated all filings with less than a 5% change in ownership.

    Date Form Company Investor Shares Ownership Change
    01‑07 13D/A NEON / Neonode, Inc. Rosberg Ulf 1,706,623 19.1% 101.05
    01‑07 13D/A OSTK / Overstock.com, Inc. BYRNE PATRICK 5,810,819 18.1% -31.44
    01‑07 13D/A RISE / Sit Rising Rate ETF SIT INVESTMENT ASSOCIATES INC 1,654,900 66.19% -11.73
    01‑07 13D/A PSEC / Prospect Capital Corp. Barry John F 61,825,991 16.92% 8.60
    01‑05 13D/A BCDA / BioCardia, Inc. STERTZER SIMON H 8,682,242 19.1% 102.98
    01‑05 13D/A SBSA / Spanish Broadcasting System, Inc. Meruelo Alex Living Trust 5,000 0.0% -100.00
    01‑04 13D/A GSAT / Globalstar, Inc. FL INVESTMENT HOLDINGS LLC 826,818,261 57.52% 8.28
    01‑04 13D/A CVON / ConvergeOne Holdings, Inc. Class A Clearlake Capital Partners Iii (master), L.p. 0 0.0% -100.00
    01‑04 13D/A SHLO / Shiloh Industries, Inc. Oak Tree Holdings Llc 7,905,266 33.7%
    01‑04 13D/A BATRA / Liberty Media Corporation GAMCO INVESTORS, INC. ET AL 1,353,290 13.21% 7.05
    01‑04 13D/A JACK / Jack in the Box, Inc. JANA PARTNERS LLC 1,551,521 %
    01‑03 13D/A SODI / Solitron Devices, Inc. Olesen Value Fund L.P. 267,820 14.1% 8.46
    01‑03 13D/A GSL / Global Ship Lease, Inc. GROSS MICHAEL S 10,752,754 13.5% -5.59
    01‑03 13D/A EMG / Emergent Capital, Inc. Evermore Global Advisors, LLC 375,000,001 23.7% -9.54
    01‑03 13D/A MLNT / Melinta Therapeutics, Inc. Vatera Healthcare Partners Llc 16,607,959 29.6%
    01‑03 13D/A BIOS / BioScrip, Inc. Coliseum Capital Management, LLC 24,130,114 16.1% 10.27
    01‑03 13D/A EQGP / EQT GP Holdings LP EQT Gathering Holdings, LLC 291,373,187 96.3% 5.48
    01‑03 13D/A BGNE / BeiGene, Ltd. Hillhouse Capital Advisors, Ltd. 63,117,389 8.2%
    01‑03 13D/A KFS / Kingsway Financial Services Inc. STILWELL JOSEPH 5,147,159 22.4% 15.46
    01‑03 13D/A HSGX / Histogenics Corporation SPLIT ROCK PARTNERS II, LP 1,390,844 2.2% -88.72
    01‑03 13D/A BGNE / BeiGene, Ltd. Hillhouse Capital Management, Ltd. 13,445,978 1.7% -81.70
    01‑03 13D/A IBIO / iBio Inc. DART KENNETH BRYAN 9,427,364 48.0% 26.65
    01‑03 13D/A HBP / Huttig Building Products, Inc. JB CAPITAL PARTNERS LP 2,360,317 9.1%
    01‑03 13D/A CAPN / Capnia, Inc. Jack W. Schuler Living Trust 5,826,788 17.7% 51.28
    01‑02 13D/A HPTO / hopTo Inc. Novelty Capital Partners Lp 1,305,711 13.32% 33.87
    01‑02 13D/A EMG / Emergent Capital, Inc. Knapp Robert C 0 0.0%
    01‑02 13D/A HZN / Horizon Global Corp. Atlas Capital Resources Ii Lp 2,478,351 9.87% 12.29
    01‑02 13D/A DCPH / Deciphera Pharmaceuticals, Inc. Svlsf Vi, Llc 1,716,303 4.6%
    01‑02 13D/A FLL / Full House Resorts, Inc. GAMCO INVESTORS, INC. ET AL 1,117,725 4.15% 6.68
    01‑02 13D/A VRNG / Vringo, Inc. Calm.com, Inc. 4,838,710 14.0% 49.89
    01‑02 13D/A RHE / Regional Health Properties, Inc. Frischer Charles 381,693 13.57% 11.41
    12‑31 13D/A CERC / Cerecor Inc. ARMISTICE CAPITAL, LLC 36,414,514 61.6% 6.57
    12‑31 13D/A GIGA / Giga-tronics Inc. Alara Capital Avi Ii, Llc 236,620 2.14% -94.92
    12‑31 13D/A FCRIX / FS Credit Income Fund Franklin Square Holdings, L.P. 3,726,816 40.5% 13.76
    12‑31 13D/A XFEYX / FS Energy Total Return Fund Franklin Square Holdings, L.P. 400,766 11.0%
    12‑31 13D/A DFIN / Donnelley Financial Solutions Simcoe Capital Management, LLC 2,467,725 7.2% 22.03
    12‑31 13D/A DTRM / Determine, Inc. Subin Neil S 10,540,199 46.6% 53.29
    12‑31 13D/A DPRX / Dipexium Pharmaceuticals, Inc. Park West Asset Management LLC 1,473,218 16.9% 37.40
    12‑31 13D/A ABIL / Ability Inc. Aurovsky Alexander 832,500 13.5% -5.59
    12‑31 13D/A ABIL / Ability Inc. Hurgin Anatoly 832,500 13.5% -5.59
    12‑31 13D/A FALC / FalconStor Software, Inc. ESW Capital, LLC 128,613,493 24.1% -58.73
    12‑31 13D/A NPO / EnPro Industries, Inc. GAMCO INVESTORS, INC. ET AL 1,203,396 5.8% 13.73
    12‑31 13D/A KRP / Kimbell Royalty Partners, LP Fortson Ben J. 5,267,321 22.7% 51.33
    12‑31 13D/A WINT / Windtree Therapeutics, Inc. Lph Ii Investments Ltd 3,393,491 10.2% -27.14
    12‑31 13D/A WINT / Windtree Therapeutics, Inc. Lph Investments Ltd 13,902,756 41.9%
    12‑31 13D/A BWFG / Bankwell Financial Group, Inc. SEIDMAN LAWRENCE B 572,045 7.29% 21.10
    12‑31 13D/A BBDC / Barings BDC, Inc. BABSON CAPITAL MANAGEMENT LLC 12,527,227 24.4% 10.91
    12‑31 13D/A RAS / RAIT Financial Trust Frischer Charles 288,100 15.57% 13.40
    12‑31 13D/A GLOW / Glowpoint, Inc. Glowpoint, Inc. 3,895,168 7.7%

    Source: Fintel.io/activists

    submitted by /u/badpauly
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    Any reason to invest in VOOV or VOOG over VOO?

    Posted: 07 Jan 2019 08:43 AM PST

    Whats the best stock market simulator

    Posted: 07 Jan 2019 07:45 AM PST

    I'm a 15 year old from Egypt and I'd like to get into the stock market but I'm afraid to waste money so does any one have a really good free stockmarket simulator to teach me the ways ? My uncle wants some one to. Be on his stockmarket account and I want to make money to fund my college education abroad

    submitted by /u/WaterCheetah
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    Analysis: Rally or Dead Cat Bounce?

    Posted: 07 Jan 2019 08:52 AM PST

    Key Points

    The question on every investor's mind is whether the recent rally in stocks is a bottom or dead cat bounce. Positive sentiment has been pushing stocks higher as of late, but is it enough to call a bottom?

    A Santa Claus Rally, a "blowout" jobs report, and the Federal Reserve have made the case for stocks, and have pushed the S&P 500 up by more than 7.5% over the last couple of weeks.

    There is compelling technical evidence that suggests we may have found a bottom, but there is also strong evidence that suggests this is a dead cat bounce. Investors now find themselves in a similar situation like we had in November.

    The Case for a Bottom

    Like in November, sector rotation and performance are pointing to a bottom in the major indices. Every sector ETF has found a support, and some of them are considered very strong. Many cyclical sectors have fallen to key levels such as the breakout points immediately after the 2016 presidential election. If any of the sectors had hit these key levels during a mid-cycle correction, it would be an excellent time to open new positions.

    In addition, sector rotation is also showing signs of a bullish cycle. The cyclical sectors are moving in the lagging quadrant towards improving, and the defensive sectors are rotating towards the weakening quadrant.

    These are the beginning signs of a new bullish cycle, and if they follow through, it indicates investors are bullish on the future of the markets and economy. However, the stock market will need to clear some hurdles before we can call this a bottom and not a dead cat bounce.

    The Bear Case: Dead Cat Bounce

    The three major indices have broken key support levels, with the S&P 500 breaking two. The breakouts are significant because it represents a reversal from an uptrend into a downtrend. The major averages are a large representation of the market, and it takes a lot of conviction and breadth to cause such moves.

    It is a lot harder for the averages to make false signals because it requires a lot of coordination from sector and individual stock performance. Although, fake-outs will occur.

    There are a few other signs telling us stocks are still headed for trouble. For one, breadth is still extremely low. The Dow Jones has the highest percentage of stocks above their 200-day moving average with only 33%. Elsewhere, we use inter-market technical analysis to understand how other parts of the investment markets are behaving. These other charts can either confirm or deny what we are seeing in the stock market. To do this, we look at U.S. Treasuries and gold.

    Safe Haven Assets

    Treasuries and gold are considered safe haven assets. Investors allocate to these when they are not only worried about the stock market, but when they are concerned with the future of the economy as well. If we were in a period of regular stock market volatility, we wouldn't expect these assets to make significant moves, but that is what we are seeing.

    The 2-year, 5-year, 10-year, and 30-year Treasuries have all broken support levels, and are now forecast to continue lower. This is a major development because it is a drastic change from 2017 and 2018, when interest rates were expected to rise.

    Interest rates are no longer expected to rise because the economy is weakening to a point where the Federal Reserve is expected to either halt rate hikes, or lower rates in the future.

    In addition, this drop in rates is occurring after Treasury yields hit a long-term resistance line. The last time this occurred was after the Dotcom bubble and the housing bubble (you can read my hypothesis that we are in a liquidity bubble here). This is not good news for stocks.

    Gold is also making significant moves. It has broken a long-term trend line during this market rout. Again, this doesn't occur unless there is legitimate fear about the future of the markets and the global economy.

    Conclusion

    Right now, the stock market is expected to continue to fall. The current signal came when the S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite all fell below their February lows. Additionally, the S&P 500 also broke its long-term uptrend.

    The current rebound is classified as a technical pullback, which is a common occurrence after a breakout. The supports and rebounds we are seeing in the sector ETFs are the reason the averages are pulling back.

    However, there is always the possibility the breakouts were false signals, and the major averages can rebound. If the indices can move back above their failed supports, the breakouts would be considered false, and we would expect stocks to continue higher.

    What to Watch

    • Bullish if the major averages move past their February lows.
    • Bearish if the major averages fail to move past February lows, and start to fall again. This would mean the current rally is a dead cat bounce.
    • If this is a dead cat bounce, we can confirm it with the sector ETFs. Confirmation comes if the ETFs fall below their current support zones.
    submitted by /u/BR-Technicals
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    buying and selling in low quantity

    Posted: 07 Jan 2019 06:50 AM PST

    hello,

    I'm new to investing, i've been reading about the different kinds of securities that exist, and when i was reading about options, i got a doubt about buying stocks.

    Is it easy/fast to buy/ sell stocks in low quantity?

    EX: There is a order in the market to sell 100 shares at 20$. I wanna buy 30 shares at 20$. Is there a possibility to buy 30 shares out of the 100 shares order, or do i have to buy the total quantity of the order? (I know that is fully automatic process that my online broker does, its just to try to understand the process).

    Sorry for the bad english translation, im asking this because i want to know how does it work to buy low volume of shares.

    Thanks for the response!

    submitted by /u/tomasreis98
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