From the Government to the Markets: Grin and Bear It

From the Government to the Markets - Grin and Bear It

A Flashback On September 29, 2008, a nervous and weak stock market anxiously awaited the outcome of a Congressional vote on a $700B Wall Street bailout package known as TARP (the Troubled Asset Relief Program) as part of the Emergency Economic Stabilization Act of 2008. According to briefing.com, the S&P 500 (SPY) was down about … Read more

ShotSpotter Experiences Growing Momentum for a Bottom

The day after ShotSpotter (SSTI) reported earnings last month, the stock gained 6.4%. The buyers returned for the next four days to confirm a breakout above resistance at the 50-day moving average (DMA). SSTI closed the week up 32.1% post-earnings, and the stock looks like it finally wants to bottom. The 50DMA is turning upward … Read more

A Silence Lifted: ShotSpotter Soars On A Change of Heart In Congress

Almost two months ago I wrote about the strong earnings profile and prospects of ShotSpotter (SSTI), a gunfire detection and location technology company. At the time, I noted that President Trump’s threat of “fire and fury” aimed at North Korea seemed to drown out the news. Today, in the wake of a horrible tragedy of … Read more