‘s Really Quite Simple Buy Guns and Gas-Insider Buying Week 11-5-22

A miserable week, down 3.46% for the bulls ended on a positive note on Friday. The narrative that the bottom was in now seems shaky as stalwarts AMZN, APPLE, MICROSOFT, ALPHABET, and  FACEBOOk all plumb new lows. One thing for certain, the hurdle rate for stocks and all things investment-related is much higher. The 10 Year Treasury yield of nearly 4.5% and the Prime rate of 7% are the new realities. We ain’t going back anytime soon to the halcyon days of near-zero interest rates. I keep repeating my mantra- All bear markets in the last 20 years have ended … Read more

Insider Buying Week 7-1-22 Few Buys but Some Important Ones

Curious how well insiders are doing with their buys? Scroll through the significant buys of the last year. I thought we had put in some lows in some of the beaten-down tech names but I’m not sure about that after last week’s punishing finish.  Talk about a schizophrenic market. The bond market had a convincing rally with utilities leading the pack as the vibe has gone from a hot economy to one that may already be in recession according to chief market strategist from Charles Schwab, Liz Ann Sonders.   There were few insider trades to add to market confidence.  We’re … Read more