UPWK

Insider Buying Week 5-20-22 Trying to Go Up on a Down Escalator

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  Curious how well insiders are doing with their buys? Scroll through the significant buys of the last year. I spent much of last weekend toiling over the Insiders Report.  Insider buying is picking up in the ruins of the NASDAQ but not enough to waive the all-clear flag that I described in the last post.  The  S&P 500 dipped into “bear” territory Friday only to stage a furious machine-driven short-covering rally that erased a 560 point decline in the last 30 minutes of the day.  Read on for the brave souls that keep trying to ride up the down … Read more

Live Webinar Monday April 19th 6:00PM The Insiders Guide to Shredding the Markets

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I’m spilling the beans, the secret sauce during this live webinar. Everything I’ve learned in over twenty years of trading the markets including how we just earned 92% in 92 days in a diversified portfolio. Every question will be answered in the time permitted or by a follow-up email. I guarantee you that there will be something for everyone, beginner or the most sophisticated- this will be a live educational event you won’t want to miss. Click on the Image Above to Register for the Event or go to https://events.marketsmarttoday.com/webinar-apr-19-linkedin/ Lots of great stuff here are just a few of … Read more

”s about to Ignite $UPWK Upwork

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The work from home economy is as hot as a firecracker, it’s as hot as a forest fire in California, and it’s about to ignite $UPWK Upwork Upwork Director Gregory Gretsch continues to buy large dollar amounts of gig economy upstart freelancer/independent contractor model Upwork. This time he bought 547,844 shares of UPWK at $14.71.  This is one of our largest holdings. We are big fans of Upwork and use their services repeatedly. It’s a great model.  They have a couple of direct competitors, Israeli-based Fiverr, and Freelancer.com.Since neither Fivvr nor Upwork are yet profitable, conventional fundamental analysis may not be … Read more

These are the Insider Buys that Matter Week Ending 8-14-20

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Earnings season is almost over and with it the blackout period that restricts corporate insiders from buying their own company’s stock.  Animal spirits are lighting up the market as insiders are adding fuel to the fire with the biggest increase in buying since the March lows.  Normally insiders buy their stock when it’s cheap and you see less buying when the market is making new highs.  Not this time!  Barry Diller shook up the online gambling world with his Interactive Corp IAC  disclosure that it had gone over the 10% reporting threshold with its most recent purchase of 9,705,785  shares of MGM at … Read more

Insider Buying Picks Up- Week Ending 5-15-20

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Insider buying picked up this week across several depressed sectors like insurance,  small regional banks,  gaming, furniture, REITS, building products, restaurants and retailers, automotive and motorcycle and utility stocks. The buy of the week is property and casualty California auto insurer, Mercury General MCY.  Chairman of the Board George Joseph continued accumulating stock with $15 million of stock purchases at an average price of $35.95. MCY is down from it’s high this year of $52.  MCY yields 6.65%. People are driving less and insurance claim losses are down  as a result of that. Offsetting this, reinvestment rates on bond portfolios … Read more