Hedge Fund Tips

Insider Buying in Comstock Resources, Inc. (CRK)

On Aug. 5th, 6th, and 7th, 2024, Blue Star Exploration Corp (a Jerry Jones Vehicle) – and >10% Owner of Comstock Resources, Inc. (CRK) – purchased a total of 2,476,736 shares of CRK at prices between $8.16 – $8.82. Their total out of pocket cost was $21,031,736.

Insider Buying in The Walt Disney Company (DIS)

On Aug. 08, 2024, Calvin McDonald – Director of The Walt Disney Company (DIS) – purchased 11,756 shares of DIS at $85.06. His out of pocket cost was $999,994.

Indicator of the Day (video): S&P Consumer Staples Stocks Above 20 EMA

Our Applied Stock Market Indicator of the Day (in 60 Seconds or Less) is:

S&P Consumer Staples Stocks Above 20 EMA

Quote of the Day…

Be in the know. 12 key reads for Saturday…

Intel Stock May Have Bottomed at Tangible Book Value (barrons)
How PayPal’s Growth Story Edged a New Bull Off the Sidelines (barrons)
Apple Is the Big Loser in Google’s Antitrust Battle (barrons)
Boeing’s New CEO Started His Job by Writing a Letter. It Reveals His Biggest Priorities. (barrons)
The Stock Market’s Wild Week Was a Wake-Up Call. What To Do Now. (barrons)
Target Stock Looks Attractive Heading Into Earnings, UBS Says (barrons)
Funds offering protection from volatility fail to deliver in sell-off (ft)
The great sell-off and why the Japanese market trades like a penny stock (ft)
Apple Investors Urged to Stay Calm After Buffett Slashes Stake (bloomberg)
Starboard Value reportedly becomes latest activist investor to take Starbucks stake (marketwatch)
Why Warren Buffett’s Berkshire Dumped 55.8% Of Its Apple Stock (forbes)
Behold Pininfarina’s First Batman-Inspired B95 Roadster (maxim)