Insider Buying Week 9-08-23 ET Go Home

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

Insider Buying Week 6-3-22 In Comes the Earnings Blackout Period

  Curious how well insiders are doing with their buys? Scroll through the significant buys of the last year. Only oil and gas stocks escaped the payback carnage on Friday.  We are getting closer and closer to the dreaded blackout period. A period where corporate insiders are prohibited from trading in their own stock. The one thing that buoys investor sentiment in a bear market is when insiders step up and purchase their own company’s stock. There will be less and less of this to report and short-sellers know this. They delight in capitulation and if there was ever a … Read more