One way this is not like 2008, Insiders are NOT Buying -Insider Buying Week 3-10-23

This is LIKE 2008, contrary to what you may have heard about the recent Silicon Valley Bank failure.   Banks either don’t want to pay competitive deposit rates or can’t.  Competing with Fed Chairman Powel’s ~5%  treasuries is hard. Actually no banks can compete with it. Vast sums are being withdrawn from the banking system. Ironically the stock market is on the only place you will be able to compete with the yield crisis that the Fed is precipitating.  Many solid companies are paying good dividends with the likely prospect of raising them.  So tell me, how is this not like … Read more

CEO is on a buying spree

$RKT Can Lightening Strike Twice in the Same Spot? Insider Buying Week 4-15-22

  Curious how well insiders are doing with their buys? Scroll the significant buys of the last year. This is the most meager display of insider buying I’ve ever seen.  Yea, yea it’s the earnings blackout but insiders have no trouble managing to sell during the blackout window using the 10B5-1 loopholes, they could find the motivation to buy if they had any.   Name: Peek Mark S Position: Director Transaction Date: 2022-04-12 Shares Bought: 30,000 Average Price Paid: $34.40 Cost: $1,032,000.00 Company: SentinelOne Inc. (S) SentinelOne, Inc. is a cybersecurity firm that was previously known as Sentinel Labs, Inc. … Read more