$UPLD

Insider Buying Week 8-26-22 Jerome Powell Debuts at Jackson Hole as “Chucky “

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Curious how well insiders are doing with their buys? Scroll through the significant buys of the last year. Friday was a blood bath. The Dow dropped 1000 points. Jerome Powell played Chucky, the criminally insane doll that came to life.  With stunning, chameleon-like performance, he morphed into Paul Volcker, warning the investment community about the pernicious destructive nature of inflation.  Volcker is the Fed Chairman that was famous for crushing the inflation of the 1970s by running interest rates into the high teen percentage points. I personally think it was the most boneheaded policy I’ve lived through. the economic equivalent … Read more

First Carvana now Cassava Short Sellers get Mauled Insider Buying Week 8-19-22

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“All good things come to an end,” so the saying goes. They don’t all come to an end bumping up against the 200-day moving average, though. The historic run in the market began to look just like a bear market rally with Friday’s across-the-board sell-off. The market notched its first losing week in the last five. This week had something very everyone. Short sellers got slaughtered betting against Carvana and Cassava but got their reprieve with the news that Ryan Cohen dumped his Bed Bath and Beyond.  BBBY cratered 40%, meme stocks like AMC and GameStop got crushed, and Bitcon … Read more