Inside Scoop - Big Biotech Purchase On the Radar

Are you ready for the Inside Scoop?

The largest insider buy on All Star Chart's Inside Scoop list is a Form 4 filing by David Goeddel, independent director at NGM Biopharmaceuticals (NGM).

Goeddel disclosed the purchase of approximately $13.2 million worth of shares in the small-cap biotech company.

The CEOs of Camping World Holdings (CWH) and Veracyte (VCYT) both filed Form 4s reporting small purchases of their own stock.

The only 13G on our list was filed by Millennium Management, which revealed an ownership stake of 5.50% in CTI BioPharma Corp (CTIC). Continue reading "Inside Scoop - Big Biotech Purchase On the Radar"

Strong Jobs Report Supports Continued Monetary Tightening

A Bloomberg survey of economists indicated that the medium estimate for jobs added in May would show that approximately 318,000 new jobs were added. Additionally, the survey also predicted that the unemployment rate would fall to 3.5%. A Wall Street Journal survey of economists forecasted that employers would add 328,000 jobs in May. The survey also anticipated that the unemployment rate would fall to 3.5%. Both surveys underestimated both the number of jobs added in May 2022 and the unemployment rate.

The U.S. Bureau of Labor Statistics released the latest jobs report, which said, “Total nonfarm payroll employment rose by 390,000 in May, and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, in professional and business services, and in transportation and warehousing. Employment in retail trade declined.” Continue reading "Strong Jobs Report Supports Continued Monetary Tightening"

After Respite Stocks Back To Weekly Losses

A week after breaking long weekly losing streaks, the stock market is back to its losing ways, with the DOW falling 348.58 points, or -1.05%, to 32,899.70. The S&P 500 slipped by -1.63% to 4,108.54, and the NASDAQ fell -2.47% to end the week at 12,012.73.

On a weekly level, the DOW lost -0.94; the S&P fell -1.20%, and the NASDAQ wrapped up the weekly losses with a loss of -0.98%.

But why the losses? Continue reading "After Respite Stocks Back To Weekly Losses"

Using Leverage & Risk Management to Win Big in Today's Market

Our very own Trader Travis, former U.S. Investing Champion and creator of the MarketClub Options Blueprint, joined Adam Mesh last week to discuss the current market environment and how he's been able to fair so well.

Mesh invited him for good reason, Travis' last three trades generated a 41%, 43%, and 87% ROI for SPY, LLY, and NUE, respectively. Travis will show you exactly how and why he selected, entered and exited those trades.

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Believe it or not, this is actually the exact same strategy he uses in up, down, and even sideways markets and he has never had a losing year since its inception in 2015.

But ultimately, what's JUST as important as making money when the market is as unstable as it is now? Protecting it!

He'll show you how to use his 2/10 formula so you never "blow out" your account, yet still be able to capture double and even triple-digit gains.

Once you check out the webinar, don't miss this special offer! (It is supposed to be reserved for current members, but we're sneaking you this link!). Lock in a very special offer AND a 30-day money-back guarantee!

Inflation: Is The Glass Half Empty Or Half Full?

The inflation rate rose 0.2% in April; is the glass half empty or half full?

Today the BEA (Bureau of Economic Analysis) released the PCE (personal consumption expenditures) for April 2022. This report is the preferred inflation gauge used by the Federal Reserve as a key component to shape their forward guidance of monetary policy. Continue reading "Inflation: Is The Glass Half Empty Or Half Full?"