Snowflake Inc

Fathers Day Insider Buying Week 06-14-24

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The post took a backseat to Father’s Day last week. Looking closely, you can see me with DJI FPV goggles next to my son at Tunnel Park. In the background, the sun sets over Antelope Island in the Great Salt Lake. Considering the quarter end and recurring blackout period, there was an unusual amount of insider buying.  I will update the rest of the entries, so check back later in the week for more. You can be an insider, too– by clicking here   Name: Michael L Speiser Position: Director Transaction Date: 2023-06-07 Shares Bought: 76,200 Average Price Paid: $131.09 … Read more

Insider Buying Week 03-29-24 The Coming Wave changes Everything

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Something significant is happening when staid Dell Technologies is up 31% on its latest quarterly earnings. A massive uptick in capex spending is underway, directly attributable to the stampede to embrace AI.   After a year or more of belt-tightening in tech spending, that moment has arrived, almost all at once, when companies realize they have to invest in AI or be disrupted or obsoleted by a Chatbot, robot, or some version of machine learning. This is truly an “internet game-changing moment,” and the spending free-for-all has just begun.   The architect behind this 20-year evolution is NVidia, a handful of … Read more

Insider Buying Week 03-08-24 FOMO or FEAR?

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I’ve been struggling to explain the speculative frenzy I sense in the markets. Stocks routinely go up and down 20% on earnings or even something as trivial as an analyst upgrade or downgrade yet the underlying market seems calm, benign even. The VIX, which is the current mathematic model for measuring short-term volatility, steadily trends lower. The VIX is a measure of the volatility of the S&P 500, and by now, everyone understands that the capitalization-weighted nature of that index dominates the recent stock market performance. The popular but obsolete already term ‘Magnificent 7’ refers to a handful of mega … Read more