1 of 1- TheLagerLad
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Early Warning Signs of a Market Downturn
Company insiders are dumping stock at levels 'rarely seen,' report indicates
Chief executives may profess loving a pro-business president in the White House, but they are saying something else with their money, and that could be a worrisome sign.
Chief executives and other corporate insiders are selling stock hand over fist now that the quarterly earnings season is over, a report from Vickers Weekly Insider shows. Transactions by insiders are restricted around a company's report.
"Insider selling has jumped again, and this time to levels rarely seen," analyst David Coleman wrote in Monday's note.
In the last week, insiders' sale transactions on the NYSE outnumbered their purchase transactions by more than 11 to 1, according to Vickers, a publication of Argus Research. The 11.47 reading is 3.5 standard deviations above the mean, according to Coleman.
Al Gore is a board member at Apple and he sold $37 million of his Apple stock last week.
That raised my eyebrow when I read it because Apple has been on a tear upwards recently.
Anyway, it's something to keep an eye on.
I think you're going to see a lot of different United States of America over the next three, four, or eight years. - President Donald J. Trump
- tennyson
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Re: Early Warning Signs of a Market Downturn
Any recent market activity is based on hype and speculation. Till laws are through Congress and signed, all we have is speculation, no matter the political bluster. Things like lowering taxes (especially corporate) play well with both companies and market speculators, but the downside is 1) IF they occur and 2) what happens with the lost Federal revenue. There are SO MANY unknowns at this time it is really hard for companies or investors to figure the whole thing out.
"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
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Re: Early Warning Signs of a Market Downturn
The market sure does seem to be highly valued at this point,,,,,,
We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists.
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Re: Early Warning Signs of a Market Downturn
TheLagerLad wrote:
Company insiders are dumping stock at levels 'rarely seen,' report indicates
Chief executives may profess loving a pro-business president in the White House, but they are saying something else with their money, and that could be a worrisome sign.
Chief executives and other corporate insiders are selling stock hand over fist now that the quarterly earnings season is over, a report from Vickers Weekly Insider shows. Transactions by insiders are restricted around a company's report.
"Insider selling has jumped again, and this time to levels rarely seen," analyst David Coleman wrote in Monday's note.
In the last week, insiders' sale transactions on the NYSE outnumbered their purchase transactions by more than 11 to 1, according to Vickers, a publication of Argus Research. The 11.47 reading is 3.5 standard deviations above the mean, according to Coleman.Al Gore is a board member at Apple and he sold $37 million of his Apple stock last week.
That raised my eyebrow when I read it because Apple has been on a tear upwards recently.
Anyway, it's something to keep an eye on.
Thanks for the heads up Lager. The market has had a heck of a run so it is probably time for a cool down?
“We hold these truths to be self-evident,” former vice president Biden said during a campaign event in Texas on Monday. "All men and women created by — you know, you know, the thing.”
- tennyson
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Re: Early Warning Signs of a Market Downturn
The market will continue to steam ahead on news of potential tax cuts for businesses. Assuming some will come will keep some wind in the sails for awhile. Once all the dust settles of any YET TO BE PASSED changes in economic policies (taxes, trade, spending) then we will see the REAL IMPACT. So far (like most market swings), it is based on speculation. Actual earnings coupled with the net ability (ie inflation) ability to by products will be the ultimate decider. Right now much is unknown. If you are a market speculator, it probably still has more upside, but don't bet your house on the long term.
Also, to make things even more complicated there still is a great deal of uncertainty in foreign markets.
Last edited by tennyson (3/01/2017 11:33 am)
"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"