Stock Market Rebounds Deeply Into Overbought Trading Conditions – Above the 40 (May 8, 2020)

Stock Market Statistics AT40 = 82.3% of stocks are trading above their respective 40-day moving averages (DMAs) (overbought day #2)AT200 = 16.5% of stocks are trading above their respective 200DMAsVIX = 28.0Short-term Trading Call: neutral Stock Market Commentary Winners and losers are becoming more and more distinct in the stock market. While skeptics and bears … Read more

Stock Market Churn Continues As Volatility Resumes Its Decline – Above the 40 (April 24, 2020)

Stock Market Statistics AT40 = 45.0% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 12.4% of stocks are trading above their respective 200DMAsVIX = 35.9Short-term Trading Call: cautiously bullish Stock Market Commentary Last week started on an ominous note with more historic plunges in oil prices. The stock market managed … Read more

ShotSpotter Stock Moves Wildly After Small Drop In Revenue Guidance

On March 16th, ShotSpotter (SSTI) released earnings guidance with a press release titled “ShotSpotter Responds to the Covid-19 Challenge” and the sub-title “Company Initiates Resiliency Plan to Maintain Gunshot Detection Services With a Remote and Distributed Incident Review Center.” After providing details on the emergency actions the company is taking in response to protecting the … 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

ShotSpotter: A “Persnickety” Quarter Completes A Major Stock Reversal

“So I think, in hindsight, even though we’re getting all these encouraging signs, just dealing with the complexity of various kinds of national governments, their processes are more, I would say, kind of persnickety, time wise, and from a procurement point of view. So it’s just frankly, just taken longer than we anticipated. But the … Read more

ShotSpotter: Secondary Puts Investors In A Tough Spot

ShotSpotter (SSTI) has taken investors on a wild ride since peaking in September ahead of the big market breakdown in October. The stock made an amazing recovery off the December lows and, at one point, printed a near double. Unfortunately, a secondary offering of stock, priced at $44.90, may have put the lid on the … Read more

ShotSpotter: The Good News Alongside Motorola’s Stock Sale

One part of the bear case for ShotSpotter (SSTI) is that insiders are eager to dump their positions, and their selling will crush the stock. It turned out that company executives were eager and willing to BUY company shares. When it came time for a significant holder to sell, SSTI sailed through the event just … Read more

ShotSpotter CEO Loads Up On Shares Following Investor Conference

When it comes to insider transactions, I only pay attention to the purchases and sales of company executives – the CEO and CFO in particular. Last week, it was the CFO of ShotSpotter (SSTI) purchasing shares ahead of the investor conference. This time, an SEC filing after market hours revealed that the CEO bought shares … Read more

ShotSpotter CFO Loads Up On Shares Ahead of Investor Conference

When it comes to insider transactions, I only pay attention to the purchases and sales of company executives – the CEO and CFO in particular. According to an SEC filing on December 6, 2017, CFO Alan R. Stewart purchased 3,000 shares at the price of $13.53. This additional $40,590 investment is a notable vote of … Read more

ShotSpotter: Bracing for A Bear Raid

ShotSpotter (SSTI) first came to my attention three months ago. After reviewing the company’s first earnings as a public company, I became convinced that the company’s gun detection technology and business had enough potential to be worth a speculative investment. I proceeded to accumulate shares at lower prices and at a higher price ahead of … Read more