Warren Buffett’s Berkshire Hathaway $BRK.A revealed more buying in Occidental Petroleum $OXY late last week.
In its latest 13G, the company reported a 21.6% ownership stake, which is roughly double its initial investment from earlier in the year.
Expert technical analysis of financial markets by JC Parets
by David
Warren Buffett’s Berkshire Hathaway $BRK.A revealed more buying in Occidental Petroleum $OXY late last week.
In its latest 13G, the company reported a 21.6% ownership stake, which is roughly double its initial investment from earlier in the year.
by David
This is the video recording of our May 6, 2022, All Star Charts Crypto Weekly Strategy Session.
by David
The largest insider transaction on today’s list comes to us in a Form 4 filing by Warren Buffett’s Berkshire Hathaway $BRK.A.
Buffett continues to grow his position in Occidental Petroleum $OXY. He just revealed an additional purchase that brings his total ownership to 226 million shares, representing a 12.15% interest.
by David
From the desk of Steve Strazza @Sstrazza
Stocks are having a tough time these past few weeks. Selling pressure is not just accelerating; it’s spreading.
Even the leaders aren’t providing shelter from this latest storm…
A lot of the commodity stocks we’ve been focusing on for long exposure in recent months are experiencing significant volatility and are now back below our risk levels.
We want to be patient and wait for the dust to settle for most of these trades.
While this is the case for the majority of stocks right now, there are always pockets of strength.
The most obvious among them right now is energy. The resilience from energy continues to impress us.
Today, we’re going to outline long ideas in a popular exploration & production name as well as an international bank stock.
Let’s get to it.
by David
The most significant insider transaction on today’s Hot List is a Form 4 filing by the president and chairman of Warner Bros Discovery $WBD.
by David
This is the video recording of our May 4, 2022, Inside Scoop Weekly Strategy Session.
by David
The CEO, chairman, president, and three directors of B. Riley Financial Inc $RILY filed Form 4s revealing purchases of their own stock.
Of the six insiders, the largest splash was made by chairman and CEO Bryant Riley himself. He reported purchasing over $10 million worth of shares.
Whenever we see this many insiders buying at the same time, we want to pay close attention.
What do they know?
by David
The largest insider transaction on today’s list is a Form 4 filing by Simon Groom, who reported an additional $43 million purchase in the broadcasting company iHeartMedia $IHRT.
The chief financial officer at General Motors $GM, Paul Jacobson, revealed a purchase of roughly $1,357,650 worth of his own company’s stock in a Form 4.
CFO activity always catches our attention as not many employees know and understand a company’s financial condition better.