Vistra Corp

Insider Buying Week 6-23-23- The Fed Plays Whac-A- Mole

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The Stock Market is not supposed to go up for some perverse logic when the Fed tightens. Maybe because wealth is really intrinsically undemocratic in the mind of the elites. They want to kill any chance of their status being threatened. The market has been looking for a sign-  TO SELL. The Fed gave them one last week.  TO PROFIT, TO MORTALLY WOUND THE OPPONENT, A KICK IN THE FACE, EGOMANIAICAL ADVANTAGE. The Federal Reserve Chairman and his cohorts of rate-hiking Whac-a-Molers provided some fuel that ignited the latest bout of interest rate hike anxiety. Ironically the curve is the … Read more

Bye Bye Jay Time for Another Chair Insider Buying Week 3-24-23

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We are deep in the darkness, the earnings blackout period in which corporate insiders are restricted from buying their own shares. It’s a perfect time for short sellers to prey on the frazzled nerves of investors that just experienced their first bank run since the Great Financial Recession of 2008. This time the run wasn’t caused by Wall Street and banks that sold liars loans to uncreditworthy customers but instead by the monetary policy of the Federal Reserve itself. Jay Powell left interest rates at zero far too long and raised them far too fast. He failed at running the … Read more

Federal Reserve Chairman Powell is a Dangerous man

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I wrote to clients in the February update that  Federal Reserve Chairman Powell is a dangerous fellow.  Last week he proved that causing a run on the banking system.  Ironically if the creation of a new Bank Term Funding Program (BTFP)had been in place the week before, Silicon Valley Bank might have avoided failure and bankruptcy. Powell’s rapid hike in interest rates as a cure for the supply-side inflation shock is likely to be as successful as the ancient but now discredited medical practice of bleeding the patient. If Powell was the CEO of a public company, activist shareholders would … Read more

Massimo and Apple Showdown coming soon to a screen near you-other notable Insider Buys

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Learn How You Can Become an Insider Too – Click Here   The reality of significantly richer returns on risk-free assets like U.S. Treasuries has taken hold of investors’ psyches. The marginal excess returns that the stock market is likely to provide over the 10 Year Treasury are still mildly attractive. Considering the historic return of the stock market is 7.5%-8%, is the 3.7% to 4.18% risk premium above yesterday’s 3.82% 10 Year Treasury Yield worth it?  For some retired investors losing sleep over the market’s gut-wrenching volatility- the answer is clearly no.  Years of financial repression are over for … Read more

Insider Buying Week 11-11-22 Inflation is Dead- The War is Over- The Dems hold the Line

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This week’s Insider Report marks the end of an experiment with a paid subscription service. From here on out the Insiders Report is free and I am relieved of my weekend chores. I’ll still continue to blog on insider buying and selling as my time permits. I’ve written numerous times that all bear markets in the last 20 years have ended with a crescendo of insider buying.  The number of insiders buying picked up dramatically last week some with household names like Boeing and CME Group.  There are finally some reasons to be hopeful that this miserable year of investing … Read more

Insider Buying Week 6-24-22 The Market Comes Roaring Back as Powell gets a Mouthful

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  Curious how well insiders are doing with their buys? Scroll through the significant buys of the last year. 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 market is telling us that. Last week a bunch of senators and representatives gave the Fed Chairman a mouthful of that for the first time.   Now many congressional members are telling the Fed Chairman Powel that bleeding the patient to cure the disease is obsolete. … 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 8-27-21

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For trade, details click on this link to the trades.  I had a dream Friday morning about the stock market. I yelled out in my sleep, “everything is going up.” I woke up and it pretty much did exactly that. In a good market, almost all trades bounce sharply but the stickiness and real progress from there are what you have to measure. Perhaps deduct 4 or 5 percent from all the posted returns to determine your likely return as getting them at the same price or lower than the insider’s purchase cost is difficult to do since they almost … Read more