Author: Rich Meyers

This doesn’t happen too often.  Rarely do we work our way through the previous week’s insider buying roster and fail to find one, just one Rodney (old Miller Lite commercial reference, Google it), purchase with a purpose. With the COVID,...

Well, that’s not good. For the past two weeks, we’ve talked about the NASDAQ being in overbought territory according to its Relative Strength score. Our expectations were for the indexes to fall because of elevated, short-term prices. Boom, the NASDAQ...

It’s probably happened to you. A bag of your favorite cookies is on the counter and when you open it, there is just one left inside with some crumbs. That’s sort of what this week’s insider roster is like. There...

Last week’s stock market action reminded me of a sunny, spring day in the 1980s. My friends and I skipped school to go to the river on an unusually warm, early April day, high 80s-low 90s. Red Rock is what...

They must have spent their money on hamburgers and hotdogs for Fourth of July cookouts because they weren’t buying stock. Insider buying slowed last week in advance of the long weekend. Based on airline and traffic figures, a lot of...

The stock market put on its own fireworks show before July 4th. The tech-dominated index zooming was expected after busting through resistance at 14,200. The thrust higher sent the NASDAQ into an overbought condition. Much like dogs that chase bigger,...

It’s been repeated so many times that it is damn near a jungle, “past performance is no…” You probably filled in the rest long before reading, “guarantee of future success.” We sure hope the Securities and Exchange Commission lawyer who...

It took three tries, but the NASDAQ finally made its way past 14,200. As we expected, the index moved higher in the immediate aftermath. So far, it’s been textbook. The move north has pushed the NASDAQ to borderline overbought. It’s...