Did not look at SGMA, I thought it would hit $14, was busy chasing AAPL $175c, NVDA $300p. Checked my SGMA, it’s at $18 in AH?
Not too many bucking the market- the big ones that stand out to me are: building materials(eg BLDR,MLM), homebuilders(LEN,TOL,SKY), semis (AOSL,MXL), Electrical utilities (NEE), Business services (INFO, CTAS) Select finance/insurance (BRK/B, KKR) Pharmaceutical (PFE, CVS) Trucking (ODFL, CHRW) Waste management (WM) And, unfortunately, PG (though I am expecting that to change) Leaders are thin, but they are there. Good luck trading.
Nice well thought out picks, everything looks good! Market is brutal, I like Alpha Omega, ON, MRVL and AMBA(SOXL too). This heavy rotation in to continued inflation is killing everything, nice picks you have!
FHTX is worth a look. It just got a deal with big pharma. It could get that end of month/quarter push up or get thrown off the cliff based on the hourly and 15 minute charts. It was given a $26 target. It has nice option premiums for next month.
ASAN has massive insider buying, while Elon is dumping ASAN this guy is buying. I bought ASAN at $58-$90, sold on the $100s following this pros buying. Going to buy more tomorrow with ZI. “Finally, Asana(NYSE:ASAN) saw the biggest insider purchase of all, with CEO Dustin A. Moskovitz buying a stunning $89.2 million in stock at an average share price $71.35 over several days last week. Where did Moskovitz get all that dough? Well, he was a co-founder of Facebook, now Meta Platforms(NASDAQ:FB) -- so there's that. He then went on to found Asana, a workplace productivity SaaS company that went public via a direct listing in September 2020.”. TMF site Insiders bought at $53-$60 months ago, price hit $130.
I tried to edit the above post saying "I had sold from $.75-$.90, was saving 20 for the last run above $30". Dam computer crashed, looked like my order was filled. I had scaled from $.30s to $.50s last buy. Good thing I don't scalp, that would have been stupid if AMC crashed.
It was a nice buy if you got the dip early today. I see the CEO bought more around $65. It has great growth but is highly priced (P/E). I was busy most of the day managing my option trades that expired today. Keep posting the great info.
FHTX moved on up today, which the chart somewhat indicated. I was not sure how much higher it might go. They got $300M up front and an investment in shares at $20. It may get the end of year push up.