Author: Rich Meyers

Wow! That was our first thought when we saw last week’s roster of insider buys. It was so slow, if not the slowest week that we can remember. Hopefully, the lack of activity is not an indication that corporate insiders...

Well, we got what we were hoping for. Last week we were hoping for some profit taking that reversed higher before NASDAQ 10,250 – check. The index slipped a little below its 50-day moving average of 10,923 and rebounded.  Our...

Next week is a huge week for earnings announcements with more than 500 companies scheduled to unveil their financial report cards. Microsoft Corporation (MSFT) could be the biggest name in the bunch. The software powerhouse will release its second quarter...

Stocks staged a comeback last week after flirting with the edge of technical support and potential meltdown. However, insiders were not buying it as last week’s activity was as light as we can remember. Nearly a third of the transactions...

Markets are rallying after traveling down the road and flirting with disaster (a little 80’s southern rock reference) at 10,250. We thought the NASDAQ was poised to head higher but expected a little more of a fight from sellers as...

Maybe, just maybe stocks have taken a turn for the better. If so, we noticed that sectors/industries that share wireless devices in common could be poised for some upside. Apple Inc. (AAPL) could be a beneficiary if we’ve made the...

Twenty-twenty-three started off slowly for insider buying. It’s not unexpected in a shortened trading week with the smell of economic uncertainty filling the air. As usually, we did find a noteworthy insider buy. CarMax, Inc. (KMX) President and Chief Execut...

Stocks survived a crucial test of support last week as the NASDAQ stayed north of 10,250. We thought a relief rally could be in the cards and here we are. However, upside could meet a heavy lid once the index...