Insider Buying Week 03-22-24 Let the Games Begin

An arms race is just beginning, but it’s not the traditional weapons of war. Artificial intelligence is the most disruptive technology to come along since the Internet. Large language models like Open AI’s ChatGPT are the machine learning equivalent of the Internet browser. The full-fledged arms race is underway.   Name: Brent Windom Position: Director Transaction Date: 2024-03-19 Shares Bought: 2,617 Average Price Paid: $83.00 Cost: $217,211 Transaction Date: 2024-03-15 Shares Bought: 2,683 Average Price Paid: $80.57 Cost: $216,173 Company: Advance Auto Parts Inc (AAP) Advanced Auto Parts, Inc. was formed in 1929 and is headquartered in Raleigh, North Carolina. … Read more

Insider Buying Week 03-15-24

Insider buying has been noticeably scarce in this bull leg of a market making all-time highs. The small amount of buying is not performing particularly well either.  You might find this news surprising from a hedge fund manager who has made a living reading these tea leaves for 23 years. Name: Ole G Rosgaard Position: President and CEO Transaction Date: 2024-03-08 Shares Bought: 4,914 Average Price Paid: $67.00 Cost: $329,235 Company: Greif Inc (GEF) Greif Inc. is a top global provider of industrial packaging goods and services, with operations in over 35 countries. The company provides a wide range of … Read more

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, August 25, at the annual Jackson Hole conference The central bankers, policymakers, and economists at Jackson Hole attempt to steer the global economy.  Powell unveiled his Paul Volker channeling act last Summer, setting off a one thousand-point drop in the Dow.  That’s too obvious a trade and likely crowded. If Powell is interpreted as anything dovish on the rate hikes, there could be a rip-your-face-off rally.  But … Read more