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The Mother of All Speculative Bull Markets- Insiders still Trounce the Averages up 12.48% last Week

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For trade details click on this link to the trades It’s hard to say what the big show will be next week with the thwarted coup and Big tech turning the lights off in Trump world. I don’t suppose buying Twitter, Facebook, or even Google will be a good idea for a few days  but we are all over some names in the biotech space presenting at the JP Morgan Healthcare Conference starting Monday.  It’s all virtual this year but to give you an idea of how hot a ticket it is, you have to do $150,000 in commission with … Read more

The Mother of All Speculative Bull Markets- Insiders still Trounce the Averages up 12.48% last Week

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For trade details click on this link to the trades We are witnessing the mother of all speculative bull markets. The average notable insider buy we track was up an average of 12.48% versus the healthy gain of !.83% for the S&P 500. When this will end, no one knows but it’s time to make hay while the sun shines.  Just hope you don’t lose it all and more when the party ends. Party City Holdco Inc. up 30.53% AILERON THERAPEUTICS INC up 22.73% At Home Group Inc. up 22.32% Clearside Biomedical Inc. up 21.73% WORLD ACCEPTANCE CORP up 18.80% … Read more

The Week Democrats Found Religion and Republicans Found Science

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POTUS tweeted he tested positive for Covid-19.  Tellingly it was the most liked Trump tweet ever.  The President’s demand for loyalty is now looking like it could extend to death as Trump conducts super spreader events and legions of followers succumb to the virus. The market had its worst September in 9 years.  Insider buying was anemic.   In spite of the headlines, the market was up 1.52% for the week.  Our notable insider buys were up 5.12% STEELCASE INC up 14.44% At Home Group Inc. up 12.10% PHILLIPS 66 PARTNERS LP  up 5.12% GOLUB CAPITAL BDC Inc. up 5/09% Douglas … Read more

Bubble Meter: Zillow CEO on housing market

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Zillow CEO Spencer Rascoff on housing market.. Link here. Recap: Zillow’s data suggests that, while down 29% as a nation, home values haven’t bottomed out quite yet: Another 3-5% decrease in values can be expected based on foreclosure back logs, this decline will most likely be spread out over the course of 2012. While shadow inventory is dwindling due to the majority of 2005-2007 loans that ran the risk of default having done so, a slow and relatively jobless recovery will continue to put a damper on home demand further restrict appreciation. After a 3-5% reduction, home values are expected … Read more