Chegg: Well-Timed Share Purchases Create A Price Bottom

Between an accelerated share buyback program and executives using their own money to buy shares, Chegg, Inc (CHGG) finally looks ready for a price bottom. On November 29th, Chegg made the following proclamation in concert with the $300M acceleration of share repurchases: “The accelerated share repurchase demonstrates the strength of our balance sheet, and it … Read more

Stock Chart Reviews: Waning Market Breadth Exacts Its Toll

Stock Market Commentary Waning market breadth weighed on a broad swatch of stocks last week. I was compelled to let go of some of my worst losing stocks. I feature a few of them in this inaugural Stock Chart Reviews series. My pace of trades will likely slow for the rest of the year unless … Read more