Insider Buying Week 10-06-23 Israel at War while the Fed Reserve Fights the American Consumer and Stock Market
The market reached deeply technically oversold conditions. Bullish divergence RSI was signaling a reversal. I would have said this reversal has room to run, but the war in Israel may reverse…
Insider Buying Week 9-29-23 as the Bar for Insider Buying is Rising
You can't say you were not warned. I've been clear with my thoughts about the misguided policy of the Federal Reserve raising rates to thwart inflation. Chairman Powell morphed chameleon-like into a…
Insider Buying Week 9-22-23 The Setup Reminds me of the October Crash of 1987
This week's blog post is especially brief. It's not because brevity is the soul of wit, either. Insiders are in the third-quarter blackout window; even if they wanted to buy, most cannot. I…
The Clinks in the Armor -Market Swoons on Friday- Where is the Super Hero?
Let me ask you this-Can you afford not to be an insider? With insiders largely absent due to the 3rd quarter earnings blackout- investors’ anxieties, fears, and uncertainties revealed themselves…
Insider Buying Week 9-08-23 ET Go Home
Energy Transfer certainly looks like it is coming home for investors. Oil producers and suppliers have been on a steady ramp for the last month after lagging most of the year. Ironically, lithium…
Insiders made some notable gains last week 9-01-23
August ended on a low note as all three leading market indexes lost ground, with the Dow Jones Industrial Average (DJIA) falling 2.5%, the Nasdaq down 2.2%, and the S&P 500 off 1.7%. Insiders…
Insider Buying -Interest rates may have peaked but the damage to earnings is just beginning
Market gains are muted, and traders are quick to snatch profits. Rallies are reversed almost daily as market direction is indecisive. By many measures, bargains in the stock market are hard to come…
Insider Buying Week 8-18-23 before the Potential Powell Shitstorm in Jackson Hole
We look at insider buying this week before the potential shitstorm next week. It's hard to believe that Longs can make money on the S&P 500 before a looming Fed Chairmen's speech on Friday,…
Notes from Enercom Denver August 2023- No Dessert at Lunch this Year
Last August, I wrote thoughts on Denver Enercom 2022 Let The Good Times Roll. Enercom is the annual oil and gas conference in Denver in August that brings together hydrocarbon energy producers and…
Insider Buying Week 8-11-23 and the Summer Doldrums
We are not surprised by the momentum of the oil and gas sector, as it was only a matter of time before its strong fundamentals collided with short sellers and skeptical money managers. We wrote last…