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Massive Insider Buy in Selecta Biosciences $SLB and other Notable Buys Week Ending October 23, 2020

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For trade details click on this link to the trades Selecta Biosciences up 23.20% Carnival Corp up 9.32% Del Taco Restaurants up 8.61% CITIGROUP up -0.32%   Director Timothy Springer has been on a buying binge with Selecta Biosciences.  This past week alone, Springer purchased 1,887,696 shares at an average price of $2.30 and 3,644,692 shares at $2.62 per share.  Between these two buys he shelled out $13.89 Million.  That’s on top of the $6 million he spent the prior week buying shares between $1.77-$1.99 a piece. So he more than doubled down on this buy and paid as much … Read more

Tech Stocks Long Overdue Comeuppance – Insiders are the Ultimate Value Buyer

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Nothing like a thousand point drop in the Dow to remind you that stocks don’t go up forever.  Neither do insiders blindly chase their stock price higher.  Just the opposite. They are the ultimate “value” buyer. Tech crashed and burned last week all because an impulsive Japanese billionaire, Masayoshi Son, gambled $45 billion in call options on big tech names. At least that’s what they’d like you to believe.  According to traders, there have been mammoth options trades that include buying call options on stocks like Amazon.com Inc., Adobe Inc., Netflix Inc., Facebook Inc. Microsoft Corp, generating chatter across Wall Street.The following companies … Read more

Energy Lending Caught in a Squeeze

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Banks have sold off recently on a variety of perceived woes, some real, some not so real.  One of them is their exposure to energy loans.  This article shows the exposure the major banks have.  CiitiGroup has 3.48% of their loan portfolio, JPM 5.56%,BAC 2.48%,and WF C 1.91%.  All in all this looks manageable to me. Banks are clashing with regulators over loan reviews that could crimp the flow of new credit to the oil patch. Source: Energy Lending Caught in a Squeeze

Pension Pulse: Hidden Burden of Ultra-Low Interest Rates?

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Guest Post By: Leo Kolivakis via Pension Pulse: Hidden Burden of Ultra-Low Interest Rates?.   Matthew Philips and Dakin Campbell of Bloomberg report, Banks Join Pensions in Squeeze as Federal Reserve’s Low Rates Erode Profit:   The Federal Reserve, which cut its target for the federal funds rate to a zero-to-0.25 percent range on Dec. 16, 2008, said last month that rates would remain “exceptionally low” at least through late 2014. While the unprecedented period of near-zero rates is meant to aid an ailing economy, it poses challenges for banks, insurers, pension funds, and savers. The hope is that by making mortgages and … Read more

” To Consider – Seeking Alpha

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7 ‘Diamonds In The Rough’ To Consider A few ideas to mull over during your snowless weekend..  If only you could short squeeze La Nina out of the picture.     Contrarian investors, like David Dreman, tend to focus on stocks that are against the crowd. These are the stocks that a lot of people are not buying, the underdogs. But, investing is not a popularity contest. Sometimes, just the momentum of trading (or lack thereof) can push a stock’s price lower, leaving more upside for the “contrarian” investor. Here is a list of 7 “diamonds in the rough” to … Read more