Insiders Are Buying

(1) Last week never happened. (2) The valuation roller coaster. (3) Billy Joel says we didn‟t start the fire. (4) Why haven‟t unnerving headlines unnerved the market more? (5) Politicians are bad for confidence, while CEOs are good for it. (6) S&P 500 forward earnings at new high last week. (7) Corporate insiders responding to selling panic with a buying panic. (8) Is the US going down the same road as Japan? (9) The global trade picture is mixed. (10) Intermodal loads near record high: A railcar named “Desire.” (11) After getting run over, we are still overweighting Transportation stocks.