OVERSTOCK.COM INC

Insider Buying Week 10-13-23 The Black Swan has been Spotted

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The market bounced off deeply sold, technically oversold conditions.  Now we’re in earnings season, and much if not everything, will hinge on that. Of course, a broadening war is on everyone’s mind. There’s no way the Fed will raise interest rates with all the geopolitical and domestic political angst. It remains to be seen if any insiders buy this market. I suspect some buying from deeply wounded sectors like utilities and REITs but not much else. You can be an insider, too– by clicking here Name: Vlad Coric Position: Chief Executive Officer Transaction Date: 2023-10-05 Shares Bought: 454,545 Average Price … Read more

Insider Buying Week 10-06-23 Israel at War while the Fed Reserve Fights the American Consumer and Stock Market

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The market reached deeply technically oversold conditions.  Bullish divergence RSI was signaling a reversal. I would have said this reversal has room to run, but the war in Israel may reverse whatever animal spirits are forming. Give Peace a Chance looks like a nostalgic idea, with the axis of evil combined with Iran, Russia, and China financing it through the purchase of oil.  Why the U.S. doesn’t stop the transit of Iranian oil through the Hormuz straits is a mystery considering there have been dozens of provocative actions by Iran that have been stymied only by the U.S Navy coming … Read more