T2108 Update (February 12, 2016) – The Latest Oversold Period Ends With A JP Morgan Chase Bottom

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more

Flurry of Trading in Molycorp Ahead of CEO Change May Finally Cement A Bottom

(This is an excerpt from an article I originally published on Seeking Alpha on December 12, 2012. Click here to read the entire piece.) It turns out that recent put buyers in Molycorp (MCP) may have had the right idea, but their bearish trade may have a very short shelf life. After hours on December … Read more

Large Insider Purchases Contrast Extreme Bearishness In Herbalife

(This is an excerpt from an article I originally published on Seeking Alpha on December 3, 2012. Click here to read the entire piece.) I was absolutely fascinated by a recent Seeking Alpha piece titled “The Surprising Truth Behind Herbalife Put Volume.” It is a revealing treatise and a cautionary reminder of why traders must … Read more

Positioning for Hastings to Finally BUY Shares In Netflix

(This is an excerpt from an article I originally published on Seeking Alpha on August 14, 2012. Click here to read the entire piece.) Netflix (NFLX) is a classic bear/bull battleground stock. Depending on your mood, you can be convinced by the bullish or the bearish arguments. {snip} In the near-term, I think the biggest … Read more

Following The Insider Buy of 2012: Dimon Increases JPMorgan Chase Holdings By 18%

(This is an excerpt from an article I originally published on Seeking Alpha on July 24, 2012. Click here to read the entire piece.) I have been trying to create a shopping list of stocks for any sell-offs in the next month or so as plays on trading the final months going into November’s presidential … Read more

Even After More Insider Buying, Molycorp Struggles To Generate Upward Momentum

(This is an excerpt from an article I originally published on Seeking Alpha on July 9, 2012. Click here to read the entire piece.) Almost a month ago, John C. Ashburn, Executive Vice President & General Counsel of Molycorp (MCP) purchased $101,300 worth of MCP stock. This purchased converted him from an insider seller during … Read more

Removing Skull Candy from Buy List of Insider Stock Purchases

(This is an excerpt from an article I originally published on Seeking Alpha on March 6, 2012. Click here to read the entire piece.) In late September, selling in the stock market was intensifying, and I wrote a piece summarizing a list of stocks where insiders were buying their own stock. The performance since then … Read more

Molycorp CEO Doubles Down On Shares Even As the Market’s Doubts Increase

This is an excerpt from an article I originally published on Seeking Alpha on December 29, 2011. Click here to read the entire piece.) On August 15th, Mark Smith, the President and CEO of rare earth producer Molycorp (MCP) made one of the strangest insider purchases I have ever observed. {snip} Two weeks ago, on … Read more

Insider Buying Major Fail: Jon Corzine and MF Global

I am a big fan of trading on insider buying (for example, see “The Market Is Ignoring These Insider Buys, But You Should Not“). So when I read that Jon Corzine had invested $3M of his own money in now bankrupt MF Global, shivers went up my spine. In “Why MF Global’s Collapse Matters“, Brett … Read more

The Market Is Ignoring These Insider Purchases, But You Should Not

(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) Since the market swoon began in earnest in August, I have become increasingly interested in the stock market’s reaction to the news of insider buying by company executives. In many cases, I have made the … Read more