ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
The CEO Stock Purchases Camping World Holdings (CWH) is America’s “largest retailer of RVs, RV accessories and RV-related services” according to the company’s about page. CEO Marcus Lemonis is on a major buying campaign to load up HIS RV with company stock. These CEO stock purchases are large and frequent. As a result, I want … Read more
Insider Trading The stock of Camping World Holdings (CWH) has rallied an astounding 438% off its March all-time low. Despite this 2-month comeback, the stock price still attracted the attention of Chairman & CEO Marcus Lemonis. Camping World’s leader spent a little over $50,000 to buy 2,444 shares of CWH stock on May 21, 2020 … Read more
The Stock Performance Roku (ROKU) is up an eye-popping 402% in 2019 year-to-date. ROKU surged off a 13-month low in December, 2018, and the run-up included three straight very positive post-earnings surges. The stock hit its closing all-time high at a stratospheric $169.86 on September 6, 2019. Soon after that milestone, competitive news from Apple … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 19, 2014. Click here to read the entire piece.) Back in 2009, I was as bearish on housing as anyone. For example, I wrote two pieces pointing to massive insider stock sales at Toll Brothers (TOL) as evidence that company … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 20, 2012. Click here to read the entire piece.) Three weeks ago, I marveled that Yelp.com (YELP) had surged 22.7% on the heels of the lock-up expiration of its IPO but suggested that the rally provided a better risk/reward entry … Read more