United Airlines Holdings Inc.

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 7-29-22

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Curious how well insiders are doing with their buys? Scroll through the significant buys of the last year. It’s nice being right. It’s better to make money at it. We did both last week. Over the last two weeks, I’ve mentioned the market seemed to be discounting bad news as many stocks stopped going down on lackluster earnings. Well, last week, it broke out into a full bull on rampage. The S&P 500 rose 4.08% on the week, and on Wednesday, when the Fed announced a 3/4/% interest rate hike, the NASDAQ  spiked up 4.1%, its biggest move since 2020. … Read more

‘s 5% Decline

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  Curious how well insiders are doing with their buys? Scroll through the significant buys of the last year. The S&P 500 lost over 6% points last week after losing 5% in the previous week. Stocks don’t fall like this unless there is something really wrong. I’m trying to figure that out and the only thing that I can come up with is that the Fed has been bullied into raising interest rates into a weakening economy. Raising interest rates to bring down the price of oil or to untangle the supply chain disruptions is an act of lunacy.  The … Read more

Insider Buying Week 6-10-22 The Mood Darkens as the Earnings Blackout Envelopes

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  Curious how well insiders are doing with their buys? Scroll through the significant buys of the last year. The S&P 500 lost 5% points in what was one of its most bruising outings this past week. It’s almost a foregone conclusion we will test the lows of 2022 and enter “bear market territory”.  At the cost of being labeled a Perma bull, I will proffer that that that is the time to add, rather than retreat. As painful as it may be, this is where insiders’ buying adds some confidence to a fragile and shaken market. Unfortunately, we are … Read more