We continue to see insider buying in a lot of the same names.
And the Baker brothers are making an appearance on The Hot List, as we suggested during our recent webinar.
Expert technical analysis of financial markets by JC Parets
by David
We continue to see insider buying in a lot of the same names.
And the Baker brothers are making an appearance on The Hot List, as we suggested during our recent webinar.
by David
From the desk of Steve Strazza @Sstrazza
Welcome to the first issue of The Inside Scoop.
We’ve seen a lot of interesting insider activity since we started publishing our scans last week.
So far this year, commodity stocks have been in a league of their own. Energy and cyclical names have continued to rally higher, while just about everything else – especially growth – continues to slide lower.
In the spirit of this split market, today we’ll discuss a number of stocks showing leadership that we think have more upside in the tank. But we’ll also cover a lagging growth stock that we think we can book some quick gains in on a mean-reversion move.
Also, make sure to check out our Hot List Radar report, which includes all the stocks we’re watching that recently experienced bullish insider buying.
Let’s dive in.
by David
We have a couple of billionaire sightings toward the top of today’s Hot List.
And we also have some congressional activity in the energy space to report.
by David
We’re probably not going to follow Nancy Pelosi into American Express $AXP or PayPal $PYPL.
And Warren Buffett’s recent purchase of a large stake in Occidental Petroleum $OXY doesn’t necessarily indicate an opportunity for us, either.
Moves by these big names are just good information.
by David
We don’t typically track small transactions by members of Congress, those in the $1,000-to-$15,000 range.
But a recent move by Rep. Marjorie Taylor-Greene, a Republican from Georgia, is worth noting.
by David
Warren Buffett is making his first appearance on The Hot List, as Berkshire Hathaway $BRK.A purchased more than 90,000,000 shares of Occidental Petroleum $OXY last week.
OXY explores for and produces crude oil and natural gas. It’s actually the largest producer of natural gas liquids in the United States.
by David
Today’s Hot List is not as sexy at the headline level as yesterday’s, when we reported Speaker of the House Nancy Pelosi’s latest stock transactions.
But there’s always good information below the surface.
Just to recap, Speaker Pelosi’s most recent Periodic Transaction Report filed with the Clerk of the U.S. House of Representatives, which dropped just this week, includes five moves completed on January 21 and January 27, 2022.
Speaker of the House Nancy Pelosi is one of the most powerful politicians in America.
She’s also one of the best individual investors in the world.
A now-suspended Twitter account that used to track her trades noted in October 2021 that she’d managed a 69% annualized return over the trailing 10 years.
In 2021, though she was the top Democrat and she outperformed the S&P 500 Index by a decent margin, Pelosi trailed five Republican Members of Congress.
Dan Crenshaw of Texas, John Curtis of Utah, French Hill of Arkansas, and Brian Mast of Florida occupied the four spots just ahead of her.
Topping the list of Congress’s best investors in 2021 was Austin Scott of Georgia.
The highest-ranking Senator for 2021 was Minority Leader Mitch McConnell of Kentucky, who ranked No. 19 overall of 35 total members of the House of Representatives and the Senate who beat the S&P.
That’s 35 solid investors out of a total of 635 Representatives and Senators.