$AVGO

Insider Buying Week 9-08-23 ET Go Home

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Energy Transfer certainly looks like it is coming home for investors. Oil producers and suppliers have been on a steady ramp for the last month after lagging most of the year.  Ironically, lithium carbonate, the basic ingredient in EV batteries, is flirting with multi-year lows as the Inflation Reduction Act hands out $billions to build a domestic supply chain of lithium batteries.  Recent headlines trumpet the Administration’s ban on drilling for oil in the Arctic, yet new supply is the panacea for high prices. Conoco looks like the sole U.S. driller to plunge the Arctic unknown, but the market doesn’t … Read more

Insiders Kill it Again- Largely Led by Cassava Sciences $SAVA a potential 200 Bagger

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CASSAVA SCIENCES INC up 28.59% CORPORATE OFFICE PROPERTIES TRUST up 2.57% GOLUB CAPITAL BDC Inc. up 0.54% HARTFORD FINANCIAL SERVICES GROUP Inc down 0.50% BROADCOM INC down -1.29% Casssava was up 28.59% on the week while the S&P notched its 4th consecutive week in decline, down 0.52%. There is an old adage on Wall Street, Sell Rosh Hashana buy Yom Kippur.  Historically it does show some uncanny consistency but perhaps it’s more from the fact the Jewish Holiday routinely falls toward quarter end when insiders are blacked out from buying their own stock than observant Jews absent from the trading … Read more