Market U-Turn When Bad Is Good
It was a not so Manic Monday, to paraphrase The Bangles’ 1986 hit song. The S&P 500 and Dow spent much of the afternoon in the plus column before stumbling at the bell. Meanwhile, the NASDAQ was red all day...
Author: Rich Meyers
Rich Meyers
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The market continues to be in a perilous situation, flirting with potentially waterfalling lower. It might not take too much of a push to initiate outsized losses. With the possibility of a crash, we will stick with the theme we’ve...
Eeyore’s Rain Clouds Hover Over The Market
When you are caught in the rain, you don’t need a meteorologist’s weather forecast. Afterall, you are soaking wet. When the NASDAQ crashes more than 4% in a day, you don’t need a stock prognosticator to tell you the market...
Add This One To The List
Last week we talked about identifying industry leaders that are getting trashed as the market falls, especially those with insider buying. We are going to continue with that theme this week. The idea is to compile a list of quality...
Some Pros – Lots Of Cons
Bulls won a tug of war with bears to start the week. The NASDAQ was up early in the session before falling to make a new 52-week, intraday low and closed well into the green by day’s end. Investors might...
Breaking The Rules For The Long Term
To be honest, there isn’t anything on last week’s insider buying roster that made the cut for us. Inozyme Pharma, Inc. (INZY), a startup biotech came close, but the company is a long way from profitability and an approved product....
Buyers Beware
Last week we wrote about distressed market signals in the form of an upside-down V pattern. Stocks started the week deep on the red side of the tape before rebounding mid-session. The NASDAQ’s intraday low of 12,722.59 didn’t totally complete...
A Powerful One-Two Combination
In boxing, a one-two combination is a jab followed by a cross. In the insider buying ring, our view of a one-two combination is when the Chief Executive Officer (CEO) and the Chief Financial Officer (CFO) buy at the same...
Getting Defensive
When a flag is flown upside-down, it’s a sign of distress, meaning something is wrong. The letter V is usually associated with victory, or in the case of the stock market, a bullish rebound. However, much like a flag hoisted...
