Bank Execs Picking over the Carcasses Insider Buying Picks Up-Week 3-17-23
Insiders are the ultimate value buyer. It's rare they buy at the top of the price chart but instead prefer to plumb the depths for the prize. They are buying the banks you never heard of while…
Federal Reserve Chairman Powell is a Dangerous man
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…
One way this is not like 2008, Insiders are NOT Buying -Insider Buying Week 3-10-23
This is LIKE 2008, contrary to what you may have heard about the recent Silicon Valley Bank failure. Banks either don't want to pay competitive deposit rates or can't. Competing with Fed Chairman…
Insider Buying Week 3-3-23- This market doesn't want to go down.
Despite the best efforts of banking emperors like Jamie Dimon of JP Morgan or all-knowing market strategists like Mike Wilson of Morgan Stanley, this stock market refuses to go down. Last week's…
The Fed has a Hammer but needs a Scalpel Insider Buying Week 2-24-23
It's a commonly held view amongst market strategists that the Fed follows interest rates, not determines them. You don't have to look very far to see plenty of evidence of that. It's a quiet…
Insider Buying Week 2-17-23
When I started developing the Insiders Fund's strategy in 2001, I knew I would miss out on some of the all-time greatest investments since founders of disruptive companies are loaded to the gills…
Insider Buying Week 2-10-23
When I started developing the Insiders Fund's strategy in 2001, I knew I would miss out on some of the all-time greatest investments since founders of disruptive companies are loaded to the gills…
Stock market Pundit Mike Wilson gets Egged- Insider Buying Week Ending 2-3-23
Morgan Stanley's head of equity strategist Mike Lee stood out from the herd last year calling the market sell-off in 2022. Not only did he get it right, but he also stuck with his guns and didn't…
Animal Spirits and the Doomsday Clock are on a Collision Course-Insider Buying Week 1-27-23
Not one of the many podcasts and pundits I listen to predicted a rally of 16% magnitude since the October lows. The January rally to date has been raw animal spirts. Obviously, this can't keep going…
Getting the big things right-Insider Buying Week 1-20-23
Following insider behavior closely was not a very successful strategy last year. They got a lot of things wrong. Not too surprising when you look closely at it. Insiders may know their companies far…