Coupled with rising gold price what does this say for equities a year out.
Insiders sell like there's no tomorrow
Insiders sell l Corporate officers and directors were buying stock when the market hit bottom. What does it say that they're selling now?
nsiders be wrong?
NEW YORK (Fortune) -- Can hundreds of stock-selling insiders be wrong?
The stock market has mounted an historic rally since it hit a low in March. The S&P 500 is up 55%, as U.S. job losses have slowed and credit markets have stabilized.
But against that improving backdrop, one indicator has turned distinctly bearish: Corporate officers and directors have been selling shares at a pace last seen just before the onset of the subprime malaise two years ago.
|