The stock market is on edge
Everyone is looking to Friday’s Jobs report, hoping for clarity on whether the economy is truly slowing down or if the “soft landing” is actually going to happen. But while the talking heads squabble, the SMART money is already making moves.
We’re talking about corporate insiders – the executives and board members who know their companies BETTER than anyone. And right now, they’re sending a clear signal: Buy.
What do they know that the rest of us don’t? Simple… they’re anticipating a HUGE boost from the Federal Reserve’s upcoming rate cut. That’s right, cheaper money is coming, and certain sectors of the market are going to be the PRIMARY beneficiaries.
Ross Givens, the editor of Stock Surge Daily, recently pointed out that the market’s risk appetite is growing. Traders and investors are hungry for opportunities, and they’re willing to bet on companies that show strength. And what better signal of strength than insiders putting their OWN money on the line?
Givens emphasizes looking for sources of “new” strength, (especially in smaller, less-known companies). That’s where the REAL opportunities lie, before the crowds catch on and drive up prices.
So today, as we head into a potentially volatile week, we’re focusing on two under-the-radar stocks that are showing unusually high insider buying activity. These companies are positioned PERFECTLY to benefit from the coming rate cut wave, and savvy investors who get in NOW could be rewarded BIG time.
Entergy (ETR)
What They Do: This Fortune 500 company provides electricity to over 3 million customers across Arkansas, Louisiana, Mississippi, and Texas. Talk about an essential service!
Why Insiders Are Buying:
Nathan Bear, editor of Trade of the Day, has ETR firmly on his watchlist, and for good reason. The company just beat earnings expectations, showing that they’re delivering value in a tough economic environment. Plus, with interest rates coming down, their cost of capital is about to get a LOT cheaper, meaning wider profit margins.
Bear is especially intrigued by the stock’s technical setup, noting that it exhibits strong “squeezes” on multiple time frames. This signals a build-up of buying pressure that could unleash a powerful rally in the near future.
Spotify (SPOT)
What They Do: The world’s leading music streaming platform, with millions of subscribers and a massive library of content.
Why Insiders Are Buying:
Nathan Bear is seeing a “golden opportunity” in SPOT, despite overall market turbulence. The stock has been on a steady climb since the start of 2023, and it recently Consolidated near its all-time highs. This suggests that BIG money is already accumulating a position, betting on a breakout to new highs.
Bear points to several factors supporting his bullish thesis, including a series of “squeezes” setting up on daily, 195-minute, and 130-minute charts. He also sees strong trends in the stock’s moving averages, indicating positive momentum.
The Bottom Line:
Ignore the noise and follow the smart money. When insiders are buying, especially ahead of a major event like a Fed rate cut, it’s time to pay attention. Entergy (ETR) and Spotify (SPOT) are two stocks that are positioned perfectly to benefit from the coming wave of economic stimulus, and investors who jump in NOW could be handsomely rewarded.
Don’t miss out on tomorrow’s watchlist: “Beat the September Slump: 5 Stocks to Buy While Everyone Else Panics!” We’ll show you how to turn market fear into YOUR profit.
