Author: Rich Meyers

It’s just too much money to ignore in a quiet week of insider buys. Charter Communications, Inc. (CHTR) Director Eric Louis Zinterhofer purchased 27,202 shares at $374.04 for a total investment north of $10 million. (1) It’s the director’s first...

We keep wanting to go bullish, but the market won’t let us. Just when the NASDAQ looked like it was about to fly past its 50-day moving average and say bye-bye to resistance, the Federal Reserve raised rates. At first,...

Airbnb, Inc. (ABNB) stock got walloped on Wednesday after telling investors that fourth quarter revenue would come in as expected, between $1.8 and $1.88 billion, which is in line with the current forecast of $1.85 billion. (1) ABNB lost more...

Rising interest rates aren’t good for home buyers or refinancers, or credit card debtors, but they are good for banks. You see, banks get to borrow money at very low interest rates and then loan out the money at higher...

Despite being red on Halloween, October closed with the first monthly gain since July. Will the rally continue to treat investors to sweet gains or just another bear market rally trick? Let’s go to the tape. Clearly, the August through...

News broke last Friday that the Federal Reserve might consider “pausing” rate hikes. The new tone emanating from the Central Bank mobilized bulls and sent stock prices higher in a hurry. Unfortunately, soft earnings news from Microsoft, Facebook, and Googl...

Wall Street showed some life last week, finishing the week in the plus column for the first time in a while. Despite gains, insiders played it cautious as buyers mostly stayed on the sidelines. The insider purchase that lit up...

It sure looks like Wall Street wants to take stocks up. The NASDAQ pivoted higher after setting a 52-week low, sold off after the initial rush higher, and then the index lifted again with a higher low. Higher cycle lows...