Finance minister Michael Sarris orders all Cypriot banks to remain closed until Thursday, AP reports. Reuters originally indicated only Bank of Cyprus and Cyprus Popular would not reopen Tuesday morning. [View news story]
Market recap: Markets tumbled across the board - stocks, oil, gold and the euro - as what was already a broad-based decline became a full-fledged selloff after the Fed signaled growing unease about its stimulus efforts. While the S&P and Nasdaq fell more than 1%, the Dow was off only 0.7%, surprising considering the weakness in Caterpillar as it reported a global sales slowdown. [View news story]
Thursday, February 14th, 2013 - Insiders Continue To Flee [View instapost]
I subscribe to several data vendors that report insider activity, and they are indeed showing a strong insider sell bias. I would not be reporting these figures as such otherwise (MTA code of ethics). That said, I'm unable to report their research or show their historical graphs here for copyright reasons (I have asked to reproduce a limited amount of their work for SA and they have declined).
What I've decided to do instead is keep my own records (which of course has the drawback of having limited history since I just started) by simply taking the 20 largest transactions per day, which is public information, and is not to time consuming to record, and calculate these ratios so readers have some general idea of what direction the insider windsock is blowing.
Hopefully in a few months we'll have some good ups and downs in the market as well as a longer history in the data set and we can start to see some predictive reoccurring patterns. I'll keep everyone posted in a weekly segment dedicated to insider activity.
Market recap: Stocks posted another mixed showing, as deal optimism offset several weak Q4 GDP readings from eurozone economies (I, II, III). Food stocks climbed, as the Heinz takeover sparked hope for consolidation in the grocery aisle: Kraft, Campbell and General Mills all rose sharply. Energy stocks also were strong, as crude oil prices rose and coal companies spiked higher. Gold, however, settled near six-month lows. [View news story]
A "quiet" day.. perhaps. Underneath the surface insiders continue to dump.
Market recap: The Dow and S&P 500 closed at five-year highs amid a rally in financial shares, led by BofA, and upbeat earnings reports from Avon, Fossil and Michael Kors. Techs lagged, as Apple was pressured after Tim Cook failed to provide any indication of a dividend hike. Crude oil gained 0.5% to $97.51, the dollar lost ground vs. the euro and yen, while 10-year Treasurys fell in price to yield 1.982%. [View news story]
Market recap: Stocks ended modestly higher, with the Dow pulling back after breaching 14K but the Nasdaq rising to its best level since Nov. 2000. Among techs, LinkedIn was a notable standout after beating on earnings and revenue. Volume was unusually light, as many traders and other employees didn't show up for work or went home early on fears of the incoming blizzard. [View news story]
Friday, February 8th, 2013 - Weekly Sentiment Report [View instapost]
Finance minister Michael Sarris orders all Cypriot banks to remain closed until Thursday, AP reports. Reuters originally indicated only Bank of Cyprus and Cyprus Popular would not reopen Tuesday morning. [View news story]
Currently long gold.
-Bill L.
Friday, February 8th, 2013 - Weekly Sentiment Report [View instapost]
Gold is definitely on my radar now.
-Bill L.
Market recap: Markets tumbled across the board - stocks, oil, gold and the euro - as what was already a broad-based decline became a full-fledged selloff after the Fed signaled growing unease about its stimulus efforts. While the S&P and Nasdaq fell more than 1%, the Dow was off only 0.7%, surprising considering the weakness in Caterpillar as it reported a global sales slowdown. [View news story]
-http://seekingalpha.co...
-Bill L.
Thursday, February 14th, 2013 - Insiders Continue To Flee [View instapost]
Hard to be in better company when it comes to investing.
Just saying.
-Bill L.
Thursday, February 14th, 2013 - Insiders Continue To Flee [View instapost]
-Bill L.
Thursday, February 14th, 2013 - Insiders Continue To Flee [View instapost]
Taking a shot on the short side on this break down if S&P breaks 1514...
-Bill L.
Thursday, February 14th, 2013 - Insiders Continue To Flee [View instapost]
What I've decided to do instead is keep my own records (which of course has the drawback of having limited history since I just started) by simply taking the 20 largest transactions per day, which is public information, and is not to time consuming to record, and calculate these ratios so readers have some general idea of what direction the insider windsock is blowing.
Hopefully in a few months we'll have some good ups and downs in the market as well as a longer history in the data set and we can start to see some predictive reoccurring patterns. I'll keep everyone posted in a weekly segment dedicated to insider activity.
Regards,
-Bill L.
Wall Street Breakfast: Must-Know News [View article]
http://seekingalpha.co...
-Bill L.
Is The Current Market Overvalued? [View article]
http://seekingalpha.co...
-Bill L.
Market recap: Stocks posted another mixed showing, as deal optimism offset several weak Q4 GDP readings from eurozone economies (I, II, III). Food stocks climbed, as the Heinz takeover sparked hope for consolidation in the grocery aisle: Kraft, Campbell and General Mills all rose sharply. Energy stocks also were strong, as crude oil prices rose and coal companies spiked higher. Gold, however, settled near six-month lows. [View news story]
This Week's Insider Activity Report:
http://seekingalpha.co...
-Bill L.
Friday, February 8th, 2013 - Weekly Sentiment Report [View instapost]
http://bit.ly/VgbWw5-
Yup, no irrational exuberance here...
-Bill L.
Market recap: The Dow and S&P 500 closed at five-year highs amid a rally in financial shares, led by BofA, and upbeat earnings reports from Avon, Fossil and Michael Kors. Techs lagged, as Apple was pressured after Tim Cook failed to provide any indication of a dividend hike. Crude oil gained 0.5% to $97.51, the dollar lost ground vs. the euro and yen, while 10-year Treasurys fell in price to yield 1.982%. [View news story]
http://seekingalpha.co...
-Bill L.
Market recap: Stocks ended modestly higher, with the Dow pulling back after breaching 14K but the Nasdaq rising to its best level since Nov. 2000. Among techs, LinkedIn was a notable standout after beating on earnings and revenue. Volume was unusually light, as many traders and other employees didn't show up for work or went home early on fears of the incoming blizzard. [View news story]
-Bill L.
Insider Selling: It's Baaaack [View article]
http://seekingalpha.co...
-Bill L