Skip to main content

A Brand-New Uptrend

November 13, 2024

Thanks to everyone who joined us for today's Hot Corner Insider Weekly Strategy Session.

Here are the top three takeaways from the call:

  • The riskiest stocks are embarking on a new leg higher:

Think small-caps, Ark funds, banks, and biotech. They’re all making new highs.

  • On Tuesday, the S&P 500 tested the election gap VWAP for the first time:

And then it did it again today. Buyers showed up to defend this level both times. As long as it holds, the bulls can keep running this short-term rally higher.

  • With crypto in "rally mode," BTC miners offer leveraged vehicles that can help add extra exposure:

In July, Coatue Management filed a 13G revealing a 9.2% stake in Hut 8 Corp $HUT. The stock is now completing a rounding-bottom formation. If it sticks the landing, this is a brand-new uptrend.

Article Sales Message

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.

You need to have a subscription to access this content in full.

Log in or subscribe
Filed Under: