The stock market crash over the last week is drawing comparisons to the mother of all bad markets -- October of 2008. There are many similarities, including this one: Bank insiders bought heavily into weakness back then, and they're beginning to buy heavily now.
The emerging Coronavirus pandemic has blindsided a bubbly stock market with sudden, unprecedented uncertainty. But uncertainty breeds opportunity. As volatility rocks the markets, watch for high conviction buying by corporate insiders to signal value in individual stocks. As I wrote Monday, aggregate insider...
There is an old saying -- in reality a curse -- supposedly of Chinese origin: May you live in interesting times. Well the last three weeks have been extraordinarily interesting. Amidst the backdrop of an expanding global pandemic, and an oil price war, the S&P 500 yesterday...
In the mid-19th century, Gerson von Bleichröder gained fame as the financial advisor to Otto von Bismarck, the Chancellor of the German Empire. The investment firm S. Bleichröder merged with Arhnold Bros. in 1964, eventually becoming New-York City-based Arnhold and S. Bleichroeder, Inc. That firm was renamed First Eagle Investment...
High yielding stocks offer potential for double-barreled returns – big dividend payments and price appreciation. However, many stocks with large dividend yields are "accidental high yielders." These are stocks where some fundamental problem -- an earnings shortfall, for instance -- has put pressure on the stock price. But the...
"Insiders are selling stock like it's 2007." That's a headline from August 27, 2019. Sounds ominous. One might have been inclined to think: The smart guys are dumping stock, guess I should too. Well that would have been a big mistake. Since that headline was posted, the...
Billionaire John Malone's insider buying may be rare, but when he does make a purchase, it pays to join him. On May 15, Malone along with two other Qurate Retail Inc. (QRTEA) insiders, bought over $14 million of the retailing and media stock at an average price...
Donald Trump's insider buying history is short, but interesting, given the fact that the former corporate insider is now the 45th President of the United States. It was Monday, Sept. 15, 2008 at 3:08 PM when Donald J. Trump filed a Form 4...
GE is another Enron, only worse. That's according to forensic accountant Harry Markopolos, famous for raising red flags about Bernie Madoff ’s Ponzi scheme before most anyone else had a clue. Markipolos released a report on Thursday claiming General Electric (GE) has been...
The insider trading anomaly was first formally identified by James Lorie and Victor Niederhoffer in a 1968 article Predictive and Statistical Properties of Insider Trading. Much has changed in the investment markets over the ensuing years. But the predictive properties of insider trading remain as relevant today...