Now it Should Get Interesting- The Fed has Finally Broken the Glass

We’ve been railing frequently about the misguided efforts by the Fed to rein in inflation. After priming the pump way too long with zero interest rates, they have finally had their come to Jesus moment and now are furiously raising interest rates.  I believe this is very misguided, akin to economic criminal neglect if there were such a thing. Inflation is a complicated animal and certainly, some of the causes of this most current bout are based on things that the Fed has no control over.  For example: 1. We’ve been importing deflation for decades due to offshoring manufacturing in … Read more

Insider Buying Week 9-23-22 Look Out Below

Curious how well insiders are doing with their buys? Scroll through the blog posts and see for yourself The market declined every day last week, but on Wednesday last week, Federal Reserve Chairman Powell opened the gates of hell for equity investors when he pronounced that not only would the FED  hike rates into the 4%-5% or higher ranges but they were determined to keep them there for the foreseeable future until inflation was clearly on a path to their 2% per annum target.` I often say that making money in the market is all about people with conviction taking … Read more

Miserable Week for the Bulls 9-16-22

Curious how well insiders are doing with their buys? Scroll through the blog posts and see for yourself The market declined 5% last week, capping off a victory for the bears. The vaunted 3900 resistance line on the S&P 500 was penetrated adding to the conviction of the chartists that there is more room below. Insider buying was anemic as expected as the earnings blackout period for the 3rd quarter is well underway.  The few insiders buying fared relatively better only losing on average.07%. There are always a lot of things to worry about, but the chief culprit is the rising … Read more

Insider Buying Week 9-7-22 The Seesaw was Heavy on the Short Side

Curious how well insiders are doing with their buys? Scroll through the blog posts and see for yourself Last week, the market reversed its sour mood with a thunderous rally propelling the S&P 500 by 3.52%. Our insider buys did even better, notching an average of 5.73% returns. Heavily shorted stock, no matter how poor their prospects doubled that. It was the classic case of everybody on the same side of the seesaw.  In keeping with the old adage, the market will figure out how to screw most people most of the time.   Name: Robert J Mylod Jr Position: … Read more

The Bear enters the Blackout Period in the Cruelest Month of the Year Insider Buying Week 9-2-22

Curious how well insiders are doing with their buys? Scroll through the blog posts and see for yourself A few insiders stepped up and bought shares in their companies stock. We try to figure out why when just about anything you buy goes down.  With war raging in Europe, Russia weaponizing energy, the Fed on an aggressive tightening path, and the uncertainty of upcoming midterm elections, what’s there not to like? U.S. equities fell again on Friday, marking six continuous days of sell-offs, aided by the fears that the Federal Reserve would keep aggressively hiking interest rates to fight inflation, … Read more