Author: Rich Meyers

We are on a ledge, but there is some hope that the NASDAQ could turn higher. The index appears to have regained its footing after sellers controlled most of last week’s action. Prices retreated and could not advance beyond the...

Oil, it’s been a huge issue for many, as the price of oil goes, so goes the price at the pump. Consumers got a little reprieve in the last few weeks as black gold’s price dropped closed to $20. In...

A trio of insiders did something very unusual last week. They bought their company stock. We call it a change of heart when insiders sell, sell, sell, and then suddenly buy. It’s like the Muppets Sesame Street “One of these...

We were expecting a rally last week and we got a rally. This is how we framed it in our last newsletter. “There isn’t a lot of technical resistance at 11K, other than the psychology of an even number. As...

Biotechnology is one of the top performing sectors during the recent bear market rebound. SPDR S&P Biotech ETF (XBI) is up more than 10% in the last week of trading; the best performer on our industry/sector watchlist. We opened the...

We would not be surprised to see a bear market rally in the near future, perhaps a quick 10% higher. It looks like corporate executives might be feeling the same way too. Insider buying picked up last week. While we...

The stock markets were closed Monday for the Juneteenth Holiday. The federal holiday celebrates General Gordon Granger notifying slaves in Galveston, Texas that, “The people of Texas are informed that, in accordance with a proclamation from the Executive of ...

Stocks have been crashing. When the financial markets move swiftly in one direction, most of the household, big names you think of like Apple, Microsoft, Amazon… tend to move in unison with the overall market. For now, the most widely...