If you are a regular reader of my Insider Tracking column, you know that insider selling isn’t as powerful as insider buying…at least not as an indicator for us. However, sometimes numerous company insiders decide to bail on their company’s stock all at once. When this happens, we can confidently assume they are doing so […]Read More
Be careful what you wish for…
The latest howl-du-jour has been the talking heads and experts wishing for a ‘healthy’ 10% correction. I’ve always welcomed healthy corrections in what has been a long bull market, but what constitutes healthy and what constitutes sudden death? Let’s find out as we get an update on the big picture unfolding…Read More
Volume Doesn’t Matter & Here’s Why….
Earlier this week I received a great question from one of my MidasWave.com members: Member: How can a stock rally 6% today on really low volume? Answer: What Is Volume? When you think about it – that really is a great question. First, lets begin by defining volume. Volume simply is the total number of […]Read More
Market Neutral Strategy May Be Perfect for the Current Market
Over the last few months I have written about sector rotation and where we are in the economic cycle. The combination of what I have already written and some research and analysis I was working on regarding hedge funds, led me to dig into the sentiment of each of the ten main sectors. A couple […]Read More
Company insiders dump millions into this…
If you want to profit from the insiders, you have to look at the hints they unwittingly leave us. And one of the most powerful hints is how big their purchases are. That’s why I have located the largest insider purchase in the past month… If an insider decided to spend tens of millions of […]Read More
What to do with gold now
Long time readers know I’ve been keeping you updated on the progress of gold prices. Let me begin by restating something from a previous article: A client recently asked me if gold was a buy here or not, and she didn’t like my reply. I said, “What’s your plan?” She said, “I didn’t ask you […]Read More
Beware this BS
So the S+P hit 2,000 and has finally started to push to all-time highs. What was the delay about though? Where’s the market headed next? Let’s take a look at that and at the same time debunk some nonsense that’s trying to stop you missing out on the party…Read More
Are Hedge Funds Dead?
What Is A Hedge Fund? In the simplest sense, a hedge fund is a firm that invests capital for its investors. Typically, hedge fund clients are institutional investors (anyone who is charge of allocating a large pool of capital) or accredited investors (e.g. high net worth individuals).The traditional definition is that hedge funds are able […]Read More
I have mentioned on several occasions that there are scans that I run on a nightly and weekly basis. These scans look at several overbought/oversold indicators and volume. The idea behind the scans was to reduce the number of charts I was looking each night from thousands down to one hundred or so. In order […]Read More
Why company officers are buying this…
There are very few times when the stock market blatantly gives you the whole story about something. Instead, it’s up to us to dig for the story behind the numbers in order to give ourselves the best chance at profiting. When I saw heavy insider buying for this stock, I knew it was time to […]Read More
Which sector is the strongest?
When looking to make a trade in the stock market, there is no single indicator that can give you all of the information you need. There are many aspects of a trade to look at, but some are more important than others. One of the stronger indicators for any trade is the strength of the […]Read More
A tale of 3 charts
The market finds itself in a rut, a holding pattern it seems. But it was also due for a healthy break after the run up since the falls of early August. So let’s take a look at the big picture right now and where things might be headed next. We have 3 major stock indexes […]Read More
Three characteristics of monster stocks
My Midas Wave service’s portfolio is doing exceptionally well–It’s beating the S&P 500 by a factor of 3! I’m often asked how and why I add stocks to my Midas Wave Portfolio, so here’s a little insight into my system… Without revealing my proprietary formula, which drives my buy and sell decisions, I can tell […]Read More
Ready for a market pullback?
The S&P 500 (market benchmark) has put together a five-week winning streak since the end of July. The trend channel the index has been in for the last year and a half is still firmly in place, and there is little concern that the index might break below its 52-week moving average. After dropping down […]Read More
Insiders love this penny stock
Penny stocks easily make up one of the most volatile parts of the stock market. However, if you know how to navigate the ups and downs correctly, it can be the most profitable part of the market also. And when the insiders show serious interest in a penny stock, I’ve learned that it’s time to […]Read More
Who wins, regardless
As I commented on recently, thanks to oil production being at record highs (and having high supply), a lot of energy stocks are consolidating their recent gains, and who knows what the future holds for oil prices… But here’s a group of companies who make their fortune no matter what…Read More
Spooked by September?
We entered September on a bittersweet note: S+P 500 hit 2,000 as an all-time high, but it didn’t advance further, perhaps because people have gotten ‘spooked by September’. Should YOU be…? September is supposed to be the most volatile month of all, and I recently heard that some experts say that September often wipes out […]Read More
Is inflation good for you?
As the market has gone up and the fed has been pumping money into the economy in recent years, one thing has become a mystery—the low inflation rate. Central banks keep on printing money with the hope of creating stronger capital markets, but the inflation rate hasn’t surged like many thought it would. This situation […]Read More
These insiders could lead you to ruin
Anytime we see significant insider buying we should take notice, but that doesn’t mean we should always follow the insiders. Despite having access to insider information, company officers and directors are no different than the average investor. While they may be acting on some great news that only they know, they may also be acting […]Read More
Oil prices are headed here…
Three weeks ago in this space, I wrote about the oil market and how I was looking for oil prices to rise. Since then, oil has been undergoing some significant changes, and things don’t look the same now as they did a few weeks ago. But this is just how the market works—nothing stays the […]Read More
Unusual volume for these tech stocks
Out of every market sector, technology holds one of the best opportunities for stocks to take off out of nowhere and shoot up to astronomical gains. Think about it…new technology is being developed all the time, and if a company innovates a game-changing product or service, its stock would likely skyrocket. And a skyrocketing stock […]Read More