$B. Riley Financial Inc.

The Beauty Health Co

Insider Buying -Interest rates may have peaked but the damage to earnings is just beginning

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Market gains are muted, and traders are quick to snatch profits.  Rallies are reversed almost daily as market direction is indecisive.  By many measures, bargains in the stock market are hard to come by.  The earnings yield of the S&P 500 is 3.98%, and the P.E. is historically on the low side.  Earnings surprises are met with a sell-the-news trading mentality.  The economy is showing signs of stalling, yet the Fed has made it clear, that if rate hikes are near the end of the cycle, high-interest rates will be here for quite a while.  10% car loans and 7.3% … Read more

Insider Buying Week 7-28-23 Euphoria has Begun

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Last week pretty much heralded the end of the bear market.  True, long-lasting bull markets start with a plethora of insider buying. That’s obviously not happening.  I’m trying to figure out what that means.  Every significant market correction ended with a near explosion of the insider buying versus selling ratio going vertical. Right now, insiders are cautious. I think we should be too.  That doesn’t mean there won’t be anomalies.     Name: John H Stone Position: President and CEO Transaction Date: 2023-07-27  Shares Bought: 17,500 Average Price Paid: $116.62 Cost: $2,040,892 Company: Allegion plc (ALLE) Allegion plc, a leading … Read more

Bye Bye Jay Time for Another Chair Insider Buying Week 3-24-23

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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 of investors that just experienced their first bank run since the Great Financial Recession of 2008. This time the run wasn’t caused by Wall Street and banks that sold liars loans to uncreditworthy customers but instead by the monetary policy of the Federal Reserve itself. Jay Powell left interest rates at zero far too long and raised them far too fast. He failed at running the … Read more

Insider Buying Week 3-11-22

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Curious how well insiders are doing with their buys?  Scroll the significant buys of the last year. And what to do about the Russian Ukraine war. It will get worse and it will drag China into an ever-deepening conflict with the West and Democratic regimes. The declaration of mutual support that Russia and China published in a 5000-word memorandum entitled Joint Statement of the Russian Federation and the People’s Republic of China on the International Relations Entering a New Era and the Global Sustainable Development was reminiscent of the Axis power alignment with Germany and Japan at the onset of WWII. If we’re headed to WWW3 is that a reason … Read more

Insider Buying week 11-19-21- Insiders are Stepping up

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Curious how well insiders are doing with their buys? Click on this link or image above to scroll the significant buys of the last year. This report is going to be delayed due to a funeral I had to attend for my dear first cousin’s, husband, who passed away at 75years of age. It brought me back to Savannah, my hometown, on the marsh and waterways of Skidaway Island. I will get to the opinion pieces as I write the Insiders Report for myself. It’s my way of processing insider buying.  And there was a lot of it, this time … Read more

Insider Buying picks up Last Week- 57 Buys in 41 Different Companies

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For trade, details click on this link to the trades.  Wow- Insiders are coming back with a vengeance. The S&P was up 0.71% for the week ending the week with new highs on the S&P 500, the Dow, and the QQQ indices. Insiders returned to the playing field with an average return of 2.67% for the week, easily beating the market.  In this blog post, we analyze, 57 insider buys in about 41 different companies. Now you know what I didn’t do with my weekend.  We highlight the insider purchases that stood out, mostly over $200k and personal money, not … Read more