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.
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...
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...
As we've previously written, when insiders as a group buy en masse, it has historically signaled that stocks were broadly undervalued and a market bottom was at hand. As of Friday's close, the WhaleWisdom Insider Sell vs Buy Ratio for the week of Feb. 24 was 1.42....
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...
Spirit Air insider Christine Richards bought 5000 shares of the discount airline despite worries Coronavirus could impact global travel. Richards was appointed director at Spirit Airlines Inc. (SAVE) in Sept. of last year. A Form 4 filed today disclosed the purchase of $216K of SAVE at $43.24....
Otto von Bismarck, the "Iron Chancellor," engineered the unification of Germany in the 1870s. Bismark's close adviser and confident was a German-Jewish banker, Gerson von Bleichroeder. Bleichroeder's bank played a key role in Bismarck's ascension to power, helping to bankroll the German Empire. Now, a century-and-a-half...
Director Stephen Luczo bought $3.7 mil of AT&T(T) at $37.60 on Feb.4. It was Luczo's -- who is also Chairman of the Board at Seagate Technology(STX) -- first open market purchase of AT&T shares since becoming a director in November. Luczo's history as a...
I'm “done with fossil fuels." That's what Jim Cramer just said on CNBC's Squawk Box. Cramer compared fossil fuel companies to the stigmatized tobacco companies, saying oil stocks are in the “death knell phase.” But if that's true, I wonder why billionaire oil tycoon and hotelier Bob...
"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...