Stock Market gets Clobbered- Insiders are Nibbling

Insider Buying Week Ending May 31, 2019
Jay Hoag of Zillow Goes All In

Trump rocks market with trade wars on multiple fronts.  Impromptu tweet on Friday about tariffs on Mexico linked to immigration enforcement cap off a month that most investors would like to forget.  Monday’s action is likely not to be any better for FANGS with the news that the Justice Department is opening up an anti-trust investigation on Google aka Alphabet.   S&P 500 Wipes Out $4 Trillion in Its Second-Worst May Since the ‘60s.  Insiders are nibbling at a few names but in the short term are losing money like everyone else.

Notable Insider Buys Week Ending May 17, 2019

The market gets scarier by the day.  Wealthy individuals pulled their money out at record rates not seen in seven years. Black swans seem to be showing up in multiple corners of the world, China trade war, Iran real war, just to mention a few. None the less that didn’t stop a few insiders with conviction loading up on their company’s stock. In fact, it’s the most buying we have seen in some time. We highlight those over $200,000 in this report.