$HPK

Insider Buying Week 12-29-23 Here We go Again with Rampant Speculation

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Here we go again, two insider buys in small biotech names that rocketed 43% and 76% last week.  This didn’t happen in a vacuum. For the last two months or so,  the daily top 50 largest percentage gainers and losers are filled with small-cap and bulletin board names you’ve never heard of, ripping up and down 40%-150% in a shark-like blood-infested feeding frenzy. The list is composed mostly of obscure biotech stocks, pre-revenue or little revenue shells, SPACS, and cryptocurrency names, scams, and fantasies inspired by occasional real biotech transactions, the most notable being the 273% premium Sanofi paid for … Read more

Insider Buying Week 7-21-23 Is the Bear Market Over?

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The headline in Bloomberg this weekend reads, “The Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It Began.” Bear markets don’t come around often. However, when they do, they tend to cause some catastrophic damage to many investors. That’s why it is important to know how often bear markets occur and how long they will last. The average length of a bear market is 289 days or about 9.6 months.  By that measure, the bear market has already been over for some time. The thing about bear markets is that they tend to be much shorter than … Read more

Insider Buying Week 1-6-23 When does the Bear Market End?

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All bear markets end with a crescendo of insider buying. There are a few ways to predict this pivotal event. The most reliable I have found, the ratio of insider buying to selling, can be found at popular subscription services such as secform4.com.  I’ve included a few charts from the site to help illustrate this phenomenon of insider buying foretelling the end of the bear market. I wouldn’t expect too much buying at the moment, though, as we’re deep in the throes of the 4th quarter earnings blackout when insiders are restricted from taking advantage of these reduced prices.   But … Read more

The Fed Gives a White XMAS to Seniors Noteworthy Insider Buys 12-23-22

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After years, decades even of financial repression, investors are able to earn something from their risk-free savings. It could not have come at a better time for the nation’s seniors. According to the  2022 U.S. Census Bureau, more than 56 million adults ages 65 and older live in the United States, accounting for about 16.9% of the nation’s population. It’s time for them to step down off the roller coaster ride of the equity markets.  One of the cardinal rules of financial planning is that you get more risk-averse as you age. Now you can actually earn a return of … Read more

Insider Buying Week 11-25-22 Cronos Group up in Smoke

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Learn How You Can Become an Insider Too – Click Here This is the best time of year to be invested, statistically speaking. Why that is, no one really knows for sure.  Perhaps it has something to do with animal spirits, people feeling good about themselves, others, who knows?  Animal spirits can’t be overrated.  People are more likely to bet on the future when they feel good about the present. This statistical stock market tailwind isn’t as strong in bear markets, though. The future for most people is just the day after tomorrow and doesn’t look that different than today.  … Read more

Insider Buying Week 8-26-22 Jerome Powell Debuts at Jackson Hole as “Chucky “

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Curious how well insiders are doing with their buys? Scroll through the significant buys of the last year. Friday was a blood bath. The Dow dropped 1000 points. Jerome Powell played Chucky, the criminally insane doll that came to life.  With stunning, chameleon-like performance, he morphed into Paul Volcker, warning the investment community about the pernicious destructive nature of inflation.  Volcker is the Fed Chairman that was famous for crushing the inflation of the 1970s by running interest rates into the high teen percentage points. I personally think it was the most boneheaded policy I’ve lived through. the economic equivalent … Read more

Insider Buying Week 7-8-22

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  Curious how well insiders are doing with their buys? Scroll through the significant buys of the last year. The market retraced some of last months loss, the S&P 500 rallying a little over 2.6% in front of the wave of upcoming quarterly earnings reports. The Fed minutes from last month were released and the long end of the yield lost some of its recent rally. I still believe we’ve seen the bottom in long term bonds for the Summer as the specter of recession gets worse with plunging consumer confidence.  West Texas crude made an attempt at stabilizing around … Read more