Month: October 2023

‘s Wrong with this Market? Insider Buying Week 10-27-23

by

$OXYLast week, I had two conversations with astute market watchers, one a long-time successful UBS financial wealth manager and the other, a close personal friend who bought the second charity lunch with the Oracle of Omaha.  He is a lifelong fan of Warren Buffet and a long-time investor in Berkshire Hathaway.  I presented them both with the same market fact- that over the last 40 years, ~40% of the overall return of the S&P 500 has been from dividends. I asked them both the same question and got nearly identical answers. What do you think the dividend yield of the … Read more

Insider Buying Week 10-20-23 – Next week may be the spookiest in some time.

by

So far, 3rd quarter earnings haven’t done anything to dispel the gloom. The S&P 500 lost 2.39% last week. That’s hardly a surprise. What’s a bigger surprise is that the market is hanging on to any gains at all this year. We’ll find out how lopsided investment returns are when the tech giants report earnings this coming week. The entire S&P 500 now hangs on Microsoft, Google, Alphabet, Meta, and Amazon as the broader market is a veritable dumpster fire. It seems like a tall order that investors continue to bid these stocks higher just because they have a lot … Read more

Insider Buying Week 10-13-23 The Black Swan has been Spotted

by

The market bounced off deeply sold, technically oversold conditions.  Now we’re in earnings season, and much if not everything, will hinge on that. Of course, a broadening war is on everyone’s mind. There’s no way the Fed will raise interest rates with all the geopolitical and domestic political angst. It remains to be seen if any insiders buy this market. I suspect some buying from deeply wounded sectors like utilities and REITs but not much else. You can be an insider, too– by clicking here Name: Vlad Coric Position: Chief Executive Officer Transaction Date: 2023-10-05 Shares Bought: 454,545 Average Price … Read more

Insider Buying Week 10-06-23 Israel at War while the Fed Reserve Fights the American Consumer and Stock Market

by

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 whatever animal spirits are forming. Give Peace a Chance looks like a nostalgic idea, with the axis of evil combined with Iran, Russia, and China financing it through the purchase of oil.  Why the U.S. doesn’t stop the transit of Iranian oil through the Hormuz straits is a mystery considering there have been dozens of provocative actions by Iran that have been stymied only by the U.S Navy coming … Read more

Insider Buying Week 9-29-23 as the Bar for Insider Buying is Rising

by

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 new version of Paul Volker, a Paul Volker light at Jackson Hole in August 2022. He set the global economy on a tightening course that is academically correct but economically wrong. Reference this post from Insider Buying Week 8-26-22 Jerome Powell Debuts at Jackson Hole as “ChuckyIt was a blood-red day on the map of the market. As I wrote then, it’s true now. We have spent all … Read more

"The insomniac hedge fund guy" is a moniker Harvey Sax, the portfolio manager for The Insiders Fund has used from time to time on email, blog , and social media posts. While Mr. Sax is the portfolio manager of The Insiders Fund, these posts are not communications from, nor endorsed by, Alpha Wealth Funds, LLC or any of its managed funds. References to Alpha Wealth Funds or its affiliates are for identification only and do not imply sponsorship or approval. All registered trademarks herein are the property of their respective owners.

© 2026 Insomniac Hedge Fund Guy