13 min listen
Did Corporate Insiders Perfectly Predict the Market Top?
FromThe Breakdown
ratings:
Length:
15 minutes
Released:
Sep 25, 2020
Format:
Podcast episode
Description
Today on the Brief: Initial U.S. jobless claims up to 870,000 Partial lockdowns begin in earnest in Europe and Israel The global demand for American stocks Our main discussion: Did corporate insiders perfectly time the market top? August saw the largest volume of insider selling since 2015, with more than 1000 corporate officers offloading $6.7B in stock. Subsequently, the market has seen a 10% decline since the S&P500 all time high of Sept. 2. What’s more, according to new statistics, insider selling is happening at the fastest pace since 2012. The question is: What do these executives know that the rest of the market doesn’t?
Released:
Sep 25, 2020
Format:
Podcast episode
Titles in the series (100)
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