As I’ve explained, insider buying is one of the most powerful indicators in the financial markets. Insider buying is when an executive buys their own stock with their own cash. They put their own money down and file an SEC Form 4 document. Many people love to buy the same stocks as the insiders – […]
Archives for August 2023
August 2023 - Money Morning - Only the News You Can Profit From
Insider Buying: How to Make a Good Thing Even Better
Dear Fellow Expat, “If our daughter is anything like you when she’s sick,” my wife said, “I’m gonna lose it.” Yes… I’m a bad patient when I get ill. I bounce back quickly, but my “sick-to-better” process is a sharp V-shaped recovery, where the dip in the V stretches to the bottom of this page. Last night, my daughter […]
Why Prices at the Pump Are Heading Higher
It feels like ages ago that filling your gas tank looked like this… In reality, it’s been merely a year and a half. But while we’ve felt relief at the pump since, that reprieve is starting to fade. After sitting below $80 per barrel since March 2023, the price of crude oil in August rose […]
The Bad (Bond) News Bear...
In recent weeks, I’ve discussed America’s challenges ahead. It’s not a dollar crisis that awaits; rather, we face a duration bond crisis. China, facing pressure to stabilize the yuan, ordered banks to sell dollars and buy stocks. But they may need to dump U.S. Treasuries – and they have about $850 billion worth on the […]
The Saudis Brought a Knife to a Bond Party
Dear Fellow Expat, The race against the clock to beat Hurricane Idalia was beyond anticlimactic. My flight change paid off as the 7 p.m. flight was canceled. But if you were looking for an action film about a Florida man against nature… This wasn’t it. More on that in a moment. For now, I want […]
A Religious Revival Aboard Southwest Flight 2578
Dear Fellow Expat, Southwest Airlines (LUV) flights from Baltimore to Ft. Myers offer the wildest religious experiences you could witness. You’ll become a believer… During preboarding on these Southwest flights, between 20 to 25 (largely retiree) passengers sit in wheelchairs and wait to board along the wall. Before general boarding, gate agents wheel pre-boarders down the […]
Try This When Momentum Turns Green And Thank Me Later
High short-interest stocks become great speculative swing trades when momentum swings positive. While these companies could wind up bankrupt at any moment, a sudden change in market conditions can make them skyrocket. Lately, China has been expanding liquidity into the system to support its struggling economy and currency. When financial conditions expand, risk assets take […]
Momentum Wobbles But We Could See a Rally
Dear Fellow Expat, If nothing else, the hurricane gods have a sense of humor. I'd planned a trip to Baltimore this month… and now I'm in a pickle. Another storm is fast approaching the Florida Republic. I've bumped tomorrow's flight up from 7 PM to 10:15 AM. I hope I can beat the wind and […]
Wall Street Just Froze You Out of AI… Here’s the Smart Way to Get Back In
Wednesday afternoon, artificial intelligence (AI) leader Nvidia (NVDA) knocked the leather off the ball. To say they “beat” second quarter earnings expectations is akin to calling the Atlantic Ocean a “puddle.” So, on Thursday morning while I was perusing the headlines on MarketWatch, I wasn’t surprised when I came across this: The headline speaks for […]
Crab Cakes and Volatility…
Dear Fellow Expat, Greetings from Baltimore. If there’s ever a reason to depart from the Florida Republic, it’s for a crab cake, yellow mustard, and crackers. Provisions are well stocked in the Charm City. We enter a pivotal week for the markets. The Chinese central bank didn’t pump another 1 trillion Yuan into its economy, […]