$MATV

Insider Buying Week 12-16-22 CRONOS Up in Smoke?

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The Biden administration may be the savviest market timer on or off Wall Street this year.  The widely scoffed-at and criticized announcement on March 31 stated that the administration would start selling oil from the nation’s strategic petroleum reserves.  It sounded like a cheap trick to influence voters upset about high prices at the pump for the Midterm elections. At the time, the price of a barrel of West Texas Intermediate Crude hovered around  $98 per barrel and has gotten as high as $110.  Friday’s close of $74.50 represents a short seller’s return of over 35% in less than nine … Read more

Insider Buying Week 9-23-22 Look Out Below

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Curious how well insiders are doing with their buys? Scroll through the blog posts and see for yourself The market declined every day last week, but on Wednesday last week, Federal Reserve Chairman Powell opened the gates of hell for equity investors when he pronounced that not only would the FED  hike rates into the 4%-5% or higher ranges but they were determined to keep them there for the foreseeable future until inflation was clearly on a path to their 2% per annum target.` I often say that making money in the market is all about people with conviction taking … Read more