Insider Buying Week 08-16-24 Party On!

The market just posted its best week of the year as investors seemed to grasp that the Federal Reserve’s known rate cuts trumped the unknowns from either Presidential candidate, plus whatever Iran had in mind as payback would not be sufficient to risk the devastation wrought by an Israeli strike bolstered by the U.S. Defense Department. Party on! We have also tracked a noticeable pickup in insider buying, mostly in obscure names but something is better than nothing. This weeks highlights include: Name: Thomas C ERB Position: Director Transaction Date: 2024-08-13 Shares Bought: 2,000 Average Price Paid: $112.94 Cost: $225,880 … Read more

Insider Buying week 6-18-21

For trade, details click on this link to the trades  All the talking heads made fools of themselves last week.  Powel said the economy was doing great; the Dow plummeted, its worst week since October of last year. The market marched in lockstep, giving up on the cyclical recovery trade, hammering banks, energy, material sectors, and lifted the neglected technology growth sector. The Fed said they got it that inflation was running hotter than they thought, and they might tweak interest rates higher a wee bit sooner.  Instead of interest rates going up, long-term interest rates plummeted, and the yield … Read more