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…
Insider Buying Week 8-04-23 Hydrocarbons Make the Modern World Modern
Oil and gas have been the best-performing sector in the market for the last couple of weeks. There is much talk about an oil surplus, and economic weakness in China, the world's largest petroleum…
Insider Buying Week 7-28-23 Euphoria has Begun
Last week pretty much heralded the end of the bear market. True, long-lasting bull markets start with a plethora of insider buying. That's obviously not happening. I'm trying to figure out what…
Insider Buying Week 7-21-23 Is the Bear Market Over?
The headline in Bloomberg this weekend reads, "The Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It Began." Bear markets don’t come around often. However, when they do, they tend to…
Goldilocks is Back Insider Buying Week 7-14-23 It's Different this Time
Esteemed Wharton professor Jeremy Siegel says we are in a ‘Goldilocks economy’ and the Fed doesn’t need to raise interest rates anymore. You hear this term mentioned when almost all the risks and…
Insider Buying Week 7-07-23 Does the Marlboro Man want to break up with Mary Jane?
The quarter end is normally a dead time for insider buying. When July 4th falls in the middle of the week, it's especially boring. There is one thing that stood out on the insider's front. It's a…
Insider Buying Week 6-30-23-The Nasdaq 100 notched its best-ever first half of a year.
The Nasdaq 100 notched its best-ever first half of a year. In a classic reversion to the mean, the worst-performing sector usually becomes one of the best-performing ones. The Nasdaq 100 will need…
Insider Buying Week 6-23-23- The Fed Plays Whac-A- Mole
The Stock Market is not supposed to go up for some perverse logic when the Fed tightens. Maybe because wealth is really intrinsically undemocratic in the mind of the elites. They want to kill any…
Insider Buying Week 6-16-23
Stock markets don't go up every day, or do they? Friday might have been the crack in the armor as the generals sold off a bit. It's hard to imagine what will bring the market down in the near term…