Tuesday, April 26, 2016

Light Volume Day into the FOMC


There was extremely light volume overall within the markets today. Either people have already made their trades before coming into this week or are holding to see where the outcome of the Fed meeting goes. Tomorrow may make or break the potential volatility ride that we are about to embark on. Depending on the actual decision of instituting a rate hike for this announcement or not & whether the message is delivered dovish or hawkish can & will determine where & how markets are move for the next stent.  As of Apple's (AAPL) big letdown in after hours, the volatility rollercoaster seems to have fired up its engine to begin another ride. There are more major earnings reports tomorrow & for the next several weeks. Facebook (FB) could lend the indices a hand if it can beat its estimates. It's the only one that I think may pull it off but realistically, how much can it help when Alphabet (GOOG), Apple (AAPL) & Netflix (NFLX) have already disappointed? Regardless, I am just thinking out loud. The reason I really write this blog is to share my homework on the insider transactions I find. Here are the ones from Tuesday, April 26th:

13D's: HTM, EXXIQ, HEWA, IDXG, RIT, ATNY, CETV, SRNE, LCM, LINE & AVK

13G's: URBF, VMEM & CYNO

Form 3's: SBCF, ERIC, WHLM, SEB, ACRE (2), ZLTQ, MTN, DWCH, EPZM, PRSC, NYNY, MIRN & GPN

Form 4's (Insider Buys): OPK, MIC, ROX, ERIE, BFAM, CHH (9), FSBK (2), GROW, SEMI (2), JBHT, PKBK, UBOH (2), CPRX, FRED, UVFT, BOTJ, PRSS (3), HON, BLMT, SANW, WTFC, GRIF (2), LFUS, OVLY (2), DY (5), BLSP, ANGI, SKY, CVBF, SMLP, FCFP, HTH (6), FPRX, RESN (7), GPN (3), HLND, WARM, PANL, PSG, XLIT & WES

Form 4's (Insider Acquirements for $0): SNI, BHB (8), FFKT (11), HBCP, AHL (13), SIG (10), PH (21), BLMN (6), DEI, RSRV (3), FMNB (10), RIG, PACB, LFUS (15), FHN, MYE (2), WATT (7), ZLTQ (2), AVP, FNFG (3), MCFT (3), INTC (3), RAS (4), ETM, GOOG, WTM, DLTR (8), SPLS (6), ECR (5), GE, ATEN, AIV, EFII, COOL (2), FICO, PSTG, OMCL (2) & THR (9)

Form 4's (Insider Sales): AA, IIIN (3), NBR, PKG, TMP, VMI, NSC, ATRI, CCK, MCD, AHL (13), BMI, OMI (2), GAM (4), FUL, NVR, CACC, ISRG (2), SEMI (2), PH (20), AXP, SONC, DEI, ICBK, UBFO, KNX, KO, STI, PNY MFSF, OVLY ,ORCL, WFC, CLMS, JXSB, MBFI (3), ITW, MPX (2), RIG, GFF, TCBI (2), LLL (2), BLCM (2), CTXS, PACB, ACAS (2), FBHS (3), SON (2), MAN (2), AMTD, USB, CRTO (3), CARB (3), KWR, ACAT, STJ, LYB (2), UCTT, AVP, LYTS, FNFG (8), BOKF, CAT (2), INTC (2), NSC (3), XLIT, ATNY, DHR (5), OMC (4), PERY (7), DLTR (8), MTB, JCI, IBKR, DHIL, ATMN, MPWR, PRGS, ACBI, LII, SCAI, POOL, MCK, LLTS, EACO, UA (8), EFII, HOG, COBZ, DXCM (2), FICO, ATHN, ACU, CRM (3), HFWA, EXPO, FPRX, ALK, OMCL (3), AMGN (4), PFPT, SGEN, SUNS, BABY, BLOX, CUDA, BFAM, SYK, DHR, UAC (3), SNA & USB

Form 4's (Insider Disposals for $0): MPSX (7), SNI, BHB (6), HBCP, BMI, BLMN (2), CTMX, SCS, PACB, WTM, FLT, NTRS, HPY (9) & ZAGG

Here are the notes that I have made for the buys that came through today beginning with Opko Health (OPK) with the highest monetary insider buy of $159,502,843 worth of shares bought. Dr. Frost has been buying shares for months now. If he's right, this company may be a goldmine in a very short time from now. Next I have noted that the CEO for Catalyst Pharmaceuticals (CPRX) took advantage of today's FDA postponement, which reduced the shares in half, as a buying opportunity. I have also noted that Choice Hotels (CHH) has had a high frequency of insider buying recently. They are coming into their earnings report on May 4th. This may be another to watch. Another interesting thing I saw was that the buys for SunEdison Semiconductors (SEMI) outweighed their sales significantly. Finally, The CFO's buying on Tuesday work for: PSG, SEMI, UVFT, FCFP, PRSS & XLIT.

My notes on the sale side are far lighter because they didn't stand out as much. I have Fortune Brands Home & Security (FBHS) as the largest sale with $24,007,488 worth of shares sold. The CFO's selling on Tuesday work for: FPRX, XLIT, INTC, ATRI, MCD, AHL, PH, ACAS, CRTO, CARB, FNFG, PERY, OMC, DLTR, EFII, DXCM, ACU & DHR. 

Please do your own homework passed anything that you read on anyone's blog, or StockTwits, Facebook Stock Groups, or wherever you get your information. Also, please pay attention to how the sectors are being impacted by the current market conditions because that is a huge factor, too. Finally, it is important to know when any company you are trading or investing in is going into something big like an earnings report or an FDA decision. Hopefully, everyone is able to find green in their portfolio tomorrow.

GLTA

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