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The Inside Scoop (10-18-2022)

By Steve Strazza

October 18, 2022
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From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts

While the S&P 500 and other major averages made new lows last week, fewer stocks made new lows beneath the surface. 

Not only is downside participation narrowing. But the list of new highs is slowly growing. 

While it’s nowhere near where it needs to be to give us a bullish signal on the overall market, it is giving us a growing number of opportunities in individual names.

Let’s talk about some charts that we like buying (or preparing to buy) from our Inside Scoop universe right now.

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Know the trading behavior of …

  • Senators
  • House Of Representatives
  • C-Suite Executives
  • Hedge Fund Managers
  • Other Big-Power Players

Our experienced team of analysts work through the Form 4, 13D and 13G filings to provide you a list of the best trade ideas.

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Steve Strazza

Chief Market Strategist, All Star Charts

Steve Strazza brings a unique perspective to the world of Technical Analysis due to his diverse background. Steve found an affinity for financial markets during his first job out of college as a big-4 CPA auditing some of Wall Street’s largest broker-dealers, such as Interactive Brokers and Morgan Stanley. Steve then worked in the Asset Management industry in a variety of roles including Controller for a private equity start-up, Fund Accountant at two large hedge funds, and most notably as a personal Accountant for Steve Cohen at SAC Capital and Point72.

sstrazza

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