Insider Buying Week 4-21-23 Lithium Stocks Crash, Director buys more Lockheed Martin, and the Curious Case of Domo
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…
Insider Buying Week 4-14-23 The Fed stopped hiking rates even though they won’t acknowledge that.
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…
Insider Buying Week 4-7-23
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…
The Bull Charges as Bears Run in Disbelief Insider Buying Week 3-31-23
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…
Bye Bye Jay Time for Another Chair Insider Buying Week 3-24-23
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…
Bank Execs Picking over the Carcasses Insider Buying Picks Up-Week 3-17-23
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…
Federal Reserve Chairman Powell is a Dangerous man
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…
One way this is not like 2008, Insiders are NOT Buying -Insider Buying Week 3-10-23
This is LIKE 2008, contrary to what you may have heard about the recent Silicon Valley Bank failure. Banks either don't want to pay competitive deposit rates or can't. Competing with Fed Chairman…
Insider Buying Week 3-3-23- This market doesn't want to go down.
Despite the best efforts of banking emperors like Jamie Dimon of JP Morgan or all-knowing market strategists like Mike Wilson of Morgan Stanley, this stock market refuses to go down. Last week's…
The Fed has a Hammer but needs a Scalpel Insider Buying Week 2-24-23
It's a commonly held view amongst market strategists that the Fed follows interest rates, not determines them. You don't have to look very far to see plenty of evidence of that. It's a quiet…