Insider Buying Week 5-12-23 Prelude to Something but What?

May 13, 2023PLAINS GP HOLDINGS LP,BLACKSTONE MORTGAGE TRUST INC,$BXMT,$alb,US BANCORP,$USB,FB Financial Corp,$FBK,ZIONS BANCORPORATION NATIONAL ASSOCIATION,ADT Inc,ALBEMARLE CORP,CIVITAS RESOURCES INC,$CIVI,DOUGLAS DYNAMICS INC,$PLOW,HEARTLAND EXPRESS INC,$EWBC,REPLIGEN CORP,$RGEN,Triumph Financial Inc,$TFIN,TYSON FOODS INC,$TSN,WESBANCO INC,Callon Petroleum Co,Great Lakes Dredge & Dock CORP,$GLDD,Kenvue Inc,$KVUE,WASHINGTON FEDERAL INC,$WAFD,Agree Realty Corp,PAGP,CZR,ADC,PACK,WSBC,IHRT,insomniachedgefundguy,alphawealthfunds,CPE,ZION,$HTLD,$ADT,$EVA,iHeartMedia Inc,$TLS,Telos Corp,Caesars Entertainment Inc,SoFi Technologies Inc,$SOFI,Ranpak Holdings Corp,Black Stone Minerals L.P.,$BSM,Health Catalyst Inc.,$HCAT,Enviva Inc,theinsiderfund,EAST WEST BANCORP INCThe Insider Report,Trading Ideas,The Insiders Fund Not So Daily Digest

Insiders are coming out in force to buy regional and community banks.  Normally significant insider buys are met with a predictable market response, a positive bounce between 3%-5%. This is not…

by Harvey Sax

Insider Buying Week 5-5-23 Banking Blood Bath is it time to Buy?

May 6, 2023IMPINJ INC,CDW Corp,$CDW,FB Financial Corp,$FBK,FIRST HORIZON CORP,$FHN,LINKBANCORP Inc,$LNKB,GERMAN AMERICAN BANCORP INC,$GABC,FMC CORP,$FMC,GENERAL DYNAMICS CORP,$GD,$ABCB,$PI,KEYCORP,KKR Real Estate Finance Trust Inc,LAKE SHORE BANCORP INC,$LSBK,Neuberger Berman MLP & Energy Income Fund Inc,$NML,NBT BANCORP INC,$NBTB,PROSPERITY BANCSHARES INC,QNB CORP,$QNBC,Virtu Financial Inc,ZIONS BANCORPORATION NATIONAL ASSOCIATION,Texas Capital Bancshares Inc,INTC,atvi,PB,KREF,insomniachedgefundguy,alphawealthfunds,ARCC,VIRT,$KEY,ZION,HMST,$TCBI,HomeStreet Inc.,Activision Blizzard Inc,Intel Corp,SoFi Technologies Inc,$SOFI,ARES CAPITAL CORP,MILLERKNOLL Inc,$MLKN,theinsiderfund,Stellar Bancorp Inc,$STEL,Enphase Energy Inc,$ENPH,Ameris BancorpThe Insider Report,The Insiders Fund Not So Daily Digest

Insiders came out to play last week. It was not pretty, but insiders are bottom fishers, as a rule. They buy in force when prices are down when they perceive a bottom.  Regional bank insiders were…

by Harvey Sax

Banks rising from the Dead?- not so hot for the Greens Insider Buying Week 4-28-23

April 30, 2023HBAN,insomniachedgefundguy,alphawealthfunds,$TCBI,Texas Capital Bancshares Inc,Huntington Bancshares Inc,theinsiderfund,US BANCORP,$USB,BANCFIRST CORP,$BANF,Enphase Energy Inc,$ENPH,MainStreet Bancshares Inc,$MNSBThe Insider Report

Insiders continue to buy regional and community banks. In most likely a classic case of the baby being thrown out with the bathwater, the KRE, regional bank ETF, showed signs of bottoming but…

by Harvey Sax

Insider Buying Week 4-21-23 Lithium Stocks Crash, Director buys more Lockheed Martin, and the Curious Case of Domo

April 19, 2023LMT,insomniachedgefundguy,alphawealthfunds,LOCKHEED MARTIN CORP,theinsiderfund,DOMO INC,$DOMO,$alb,AlbermarleThe Insider Report,The Insiders Fund Not So Daily Digest

Reuter's headline news Friday that Chile is nationalizing the vast lithium deposits sent Albermarle and the rest of the lithium economy into a tailspin. More than half of the estimated global lithium…

by Harvey Sax

Insider Buying Week 4-14-23 The Fed stopped hiking rates even though they won’t acknowledge that.

April 15, 2023insomniachedgefundguy,alphawealthfunds,theinsiderfund,AstroNova Inc,$ALOTThe Insider Report,The Insiders Fund Not So Daily Digest

There was next to nothing to write about regarding insider activity last week. We are in the heart of darkness regarding insider activity. This is how I describe the quarterly blackout period before…

by Harvey Sax

Insider Buying Week 4-7-23

April 8, 2023DOMO INC,$BFST,Business First Bancshares Inc,Walgreens Boots Alliance Inc,$PL,Planet Labs PBC,$FTCI,FTC Solar Inc,$LPG,DORIAN LPG LTD,$DOMO,$RBOT,Vicarious Surgical Inc.,theinsiderfund,BRT Apartments Corp.,$BRT,alphawealthfunds,insomniachedgefundguy,WBAThe Insider Report,The Insiders Fund Not So Daily Digest

Chairman Powell's scheme to put the inflation genie back in the bottle is unraveling fast.  He created a bank run last month, which according to Jamie Dimon, is far from over.  The next crack in the…

by Harvey Sax

The Bull Charges as Bears Run in Disbelief Insider Buying Week 3-31-23

April 2, 2023$SWX,Charles Schwab,Southwest Gas Holdings,Purple Innovation,Petco Health and Wellness,BRT Apartments,89bio Inc,$ETNB,United Natural Foods Inc,Paramount Group,F&G Annuities,Dollar Tree,Dollar General,$DG,$RBOT,Vicarious Surgical Inc.,$PGRE,theinsiderfund,$PRPL,$WOOF,$BRT,$SCHW,alphawealthfunds,insomniachedgefundguy,FG,DLTR,UNFIUncategorized

It may be the calm before the storm but the bulls are running. The Fed's rapid interest rate hikes came to a screeching halt last week. The Fed's favorite inflation indicator, the Personal…

by Harvey Sax

Bye Bye Jay Time for Another Chair Insider Buying Week 3-24-23

March 27, 2023CHART INDUSTRIES INC,Piedmont Office Realty Trust Inc.,$PDM,theinsiderfund,F&G Annuities & Life Inc,GREIF INC,Bankwell Financial Group Inc,$BWFG,ALLIANCE RESOURCE PARTNERS LP,$ARLP,COMSTOCK RESOURCES INC,Liberty Media Corp,$LSXMA,Oportun Financial Corp,$OPRT,Vitesse Energy Inc,$VTS,Walmart Inc,Wag! Group Co,$PET,$SCHW,WMT,CRK,EPD,VST,FG,RILY,GTLS,insomniachedgefundguy,alphawealthfunds,$GEF,schwab charles corp,$B. Riley Financial Inc.,$BRT,BRT Apartments Corp.,Vistra Corp,$HIPO,Hippo Holdings Inc,Enterprise Products Partners L.PTrading Ideas,The Insiders Fund Not So Daily Digest,The Insider Report

We are deep in the darkness, the earnings blackout period in which corporate insiders are restricted from buying their own shares. It's a perfect time for short sellers to prey on the frazzled nerves…

by Harvey Sax

Bank Execs Picking over the Carcasses Insider Buying Picks Up-Week 3-17-23

March 18, 2023$UMBF,First Savings Financial Group Inc,RE/MAX Holdings Inc,$BY,BYLINE BANCORP INC,$PACW,PACWEST BANCORP,$MCB,Metropolitan Bank Holding Corp,$GBCI,GLACIER BANCORP INC,$EWBC,EAST WEST BANCORP INC,FIRST FINANCIAL BANKSHARES INC,UMB FINANCIAL CORP,LAKELAND FINANCIAL CORP,CULLEN/FROST BANKERS INC,$SWX,Southwest Gas Holdings Inc,NEWELL BRANDS Inc,DEVON ENERGY CORP,CARMAX INC,GREIF INC,$QCRH,QCR HOLDINGS INC,$AXTA,RYAN SPECIALTY HOLDINGS INC,$MNK,Mallinckrodt plc,$FHB,FIRST HAWAIIAN INC,FEDERAL AGRICULTURAL MORTGAGE CORP,$LEU,CENTRUS ENERGY CORP,Capri Holdings Ltd,$BOKF,BOK FINANCIAL CORP,WILLIAMS COMPANIES INC,theinsiderfund,Axalta Coating Systems Ltd,$BWFG,Bankwell Financial Group Inc,$WTFC,WINTRUST FINANCIAL CORP,$SF,STIFEL FINANCIAL CORP,$BXMT,BLACKSTONE MORTGAGE TRUST INC,$STEL,Stellar Bancorp Inc,CPRI,$BANC,$SCHW,$GEF,NMFC,Banc of California Inc,alphawealthfunds,NWL,insomniachedgefundguy,FFIN,LKFN,KDP,FSFG,$AGM,AMG,WLKP,WMB,CFR,VST,DVN,CRK,OXY,Ryan,UAL,Fifth Third Bancorp,Crocs Inc,$FITB,$SLDP,Solid Power Inc.,COMSTOCK RESOURCES INC,United Airlines Holdings Inc.,New Mountain Finance Corp,schwab charles corp,$SOFI,SoFi Technologies Inc,Westlake Chemical Partners LP,Keurig Dr Pepper Inc,$CROX,Orion Engineered Carbons S.A.,$OEC,Guardant Health Inc,$GH,Sylvamo Corp,$SLVM,Affiliated Managers Group Inc,Vistra Corp,Enovix Corp,$ENVX,Occidental Petroleum CorpUncategorized

Insiders are the ultimate value buyer.  It's rare they buy at the top of the price chart but instead prefer to plumb the depths for the prize.  They are buying the banks you never heard of while…

by Harvey Sax

Federal Reserve Chairman Powell is a Dangerous man

March 17, 2023UMB FINANCIAL CORP,$PACW,PACWEST BANCORP,$MCB,Metropolitan Bank Holding Corp,$GBCI,GLACIER BANCORP INC,$EWBC,EAST WEST BANCORP INC,$UMBF,BYLINE BANCORP INC,LAKELAND FINANCIAL CORP,CULLEN/FROST BANKERS INC,$SWX,Southwest Gas Holdings Inc,NEWELL BRANDS Inc,DEVON ENERGY CORP,CARMAX INC,$QCRH,STIFEL FINANCIAL CORP,WILLIAMS COMPANIES INC,$AXTA,Axalta Coating Systems Ltd,$BWFG,Bankwell Financial Group Inc,$WTFC,WINTRUST FINANCIAL CORP,$SF,QCR HOLDINGS INC,$BXMT,BLACKSTONE MORTGAGE TRUST INC,$STEL,Stellar Bancorp Inc,FIRST FINANCIAL BANKSHARES INC,First Savings Financial Group Inc,RE/MAX Holdings Inc,$BY,FSFG,Occidental Petroleum Corp,$BANC,$SCHW,Banc of California Inc,alphawealthfunds,NWL,insomniachedgefundguy,FFIN,LKFN,$ENVX,WLKP,WMB,CFR,VST,DVN,CRK,OXY,Fifth Third Bancorp,Crocs Inc,theinsiderfund,$FITB,$SLDP,Solid Power Inc.,COMSTOCK RESOURCES INC,schwab charles corp,Westlake Chemical Partners LP,$CROX,Orion Engineered Carbons S.A.,$OEC,Guardant Health Inc,$GH,Sylvamo Corp,$SLVM,Vistra Corp,Enovix CorpUncategorized

I wrote to clients in the February update that  Federal Reserve Chairman Powell is a dangerous fellow.  Last week he proved that causing a run on the banking system.  Ironically if the creation of a…

by Harvey Sax