Insiders are still aggressively buying stock.
Look at Chipotle (SYM: CMG), for example.
After dropping from about $67 to a recent low of $48.73, which puts CMG at triple bottom support dating back to August, the stock has become severely oversold.
A good deal of the decline is over tariff fears, which have become overblown for the stock. Helping, Chipotle director Mauricio Gutierrez paid $500,000 on March 5 for 9,400 shares, an average price of $53 each.
Ares Management (SYM: ARES)
Oversold shares of Ares Management (ARES) just saw Director Ashish Bhutani pick up 10,000 shares for just over $1.41 million. Severely oversold on RSI, MACD and Williams’ %R, we’d like to see ARES rally back to $170 initially. The company also raised its quarterly dividend to $1.12, which is payable on March 31 to shareholders of record as of March 17.
Marathon Petroleum (SYM: MPC)
After dropping from about $160 to $135, Marathon Petroleum (MPC) appears to have caught strong double bottom support. It’s also over-extended on RSI, MACD and Williams’ %R. Plus, the company’s Chief Commercial Officer, Ricky Hessling just bought 2,000 shares of MPC for just under $270,000. The company also just paid out a quarterly dividend of 91 cents per share on March 10 to shareholders of record as of February 19.
Today’s Top Story: A Force More Critical Than Tariffs?
Stock investors are scared.
And volatility is soaring.
Most people are obsessed with Trump’s on-again, off-again tariffs.
Yes, the economic uncertainly is playing havoc with the stock market.
But there’s a bigger and more important force you need to know about.
It’s a market cycle that helps us figure out what is most likely to happen for the rest of 2025, and in 2026 too.
This market cycle is what allowed me to accurately call the bear markets of 2018… and 2022… and the roaring bull markets in both 2023 and 2024.
That’s why I want to show you what’s most likely coming next, based on 100 years of data.
The bad news is, there’s another big crash coming. I want to show you when history says it’s most likely to take place, and what I recommend doing with your money now.
Everything you need to know is in my detailed presentation, which we’ve posted on my firm’s website. It’s available free of charge – click here to view.
