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Insiders Trounce the Market Week May 14th and a Bold Theme Insiders Uncover

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For trade, details click on this link to the trades GREENHILL & CO INC up 11.57% AVIS BUDGET GROUP Inc up 9.37% GoPro Inc. up 8.21% Elanco Animal Health Inc up 7.27% Energy Transfer LP up 6.13% CENTERPOINT ENERGY INC up 6.11% Gogo Inc. up 4.90% TUPPERWARE BRANDS CORP up 4.56% Vistra Corp. up 4.46% AMERISAFE INC up 4.34% CENTERPOINT ENERGY INC up 3.99% Vistra Corp. up 3.87% Green Brick Partners Inc. up 3.71% Garrett Motion Inc. up 2.66% BANC OF CALIFORNIA Inc up1.77% American Assets Trust Inc. up 1.69% GoPro Inc. up 0.95% Activision Blizzard Inc. down 1.81%   … Read more

The Ban on Iran: Tehran continues with threats

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As promised, the European Union followed through with their promise to ban all oil imports from Iran today in an effort to halt the country’s nuclear development program.  The halt on oil was accompanied by a number of other provisions including sanctions on trading with their central bank.  Just days after the US, French, and British militaries sent a flotilla of warships through the gulf, the combined effect of the ban and military actions are sure to add pressure to our already tense relationship with Iran who reiterated their threat of a closure of the Strait of Hormuz.  Markets responded … Read more