Goodbye YOLO Brick Road

Forget meme stocks and overcome the fear of missing out (FOMO). Come back to basics. Here are four time-tested investment strategies. As valuation compression continues for growth stocks in tech and communications, active investors should come back to four “boring” strategies to make real money. Market fundamentals might not matter much on the way up, … Continued

Time to pay attention to Biotech insider buying

Finally, investors should pay close attention to the insider buying activity of CEOs and chief financial officers of biotech companies.  This strategy underperformed during the last three years but had consistently succeeded in the previous two decades. The strategy is simple: Monitor the insider buying activity on SEC Form 4 data, buy the stock upon … Continued

Cathie Wood Check

Cathie Wood’s fascination with disruptive technology generated plenty of attention at the April FTX Salt Crypto Bahamas conference. But the central question raised in the April Luckbox analysis of Wood’s ARK Innovation exchange-traded funds remains unanswered: If executives aren’t buying stock in the companies they run … why is she? (See Garrett Baldwin’s full analysis … Continued

How Not to Start an Energy Revolution

Lack of capital is preventing the petroleum industry from satisfying the public’s desire for abundant oil and natural gas President Joe Biden’s administration and the cable news talking heads blame $115 per barrel of oil and $5 a gallon of gas on a panoply of causes that include the reopening of the economy, the Russian … Continued

Gas Price Gouging or Grandstanding

Some politicos blame greed for soaring prices at the pump, but petroleum industry analysts search for a deeper cause  American consumers are paying a lot more than usual for gasoline, but economists don’t lay the blame onprice gouging. The market is driving up prices because D.C. politicos banned crude oil imports from Russia—the third-largest oil producing … Continued

Insiders Aren’t Buying Ark’s Hype

Fund manager Cathie Wood says her portfolio will produce a 40% compound annual growth rate over the next five years. Market history and executive insiders suggest otherwise.  After 12 years as chief investment officer of global thematic strategies at investment giant AllianceBernstein, Wood founded ARK (Active Research Knowledge) Funds in 2014. Its thematic investment funds … Continued

Insiders Call a Bottom

When executives buy and sell their company’s stock, that’s a consistently reliable indicator of future prices. Recently, insider activity signaled a market bottom—at least before Vladimir Putin and the Fed arrived.  ake notice when C-level execs acquire or unload stock in their companies. They may be telling investors something about the direction prices will soon … Continued

The Art of the Guarantee

THE TWO BIG AUCTION HOUSES ARE EARNING RECORD PROFITS AS THE INCREASINGLY WEALTHY TOP 1% SPEND MORE ON ART. HERE’S WHAT INVESTORS NEED TO KNOW AS ONE OF THE SCENE’S PROMINENT PLAYERS CONTEMPLATES ITS RETURN TOTHE PUBLIC MARKETS.  In June 2019, French-Israeli entrepreneur and art collector Patrick Drahi took the Sotheby’s fine art auction house … Continued

Predictions for 2022 and beyond

After a respectable showing with last year’s predictions, Luckbox returns to forecast 20 outlier events for the next two years   BUSINESS & MEDIA As Mark Zuckerberg shifts his attention to the dystopian hellscape known as the metaverse, Meta announces a surprising departure. Sheryl Sandberg, COO of Meta Platforms, sets her sights on Dianne Feinstein’s … Continued

How I Learned to Stop Worrying and Love Deflation

Why DO mainstream economists FEAR LOWER PRICES? Unemployment recently dipped to 4.6% as the economy added 531,000 jobs, according to the monthly jobs report issued in November by the United States Department of Labor. Those top-line numbers always make headlines, but a truly startling statistic is buried deep in the report. For 14 straighat months, … Continued