My source for insider selling has disappeared, but Tyler Durden at zerohedge.com has posted the recent insiders selling. Insider S&P selling was 8279.5 times more than insider buying, which has been the trend for months.
| Total Insider Selling: | $1,247,500,249 |
| Total Insider Buying: | $150,673 |
Tyler says "There is no point to even discuss what this data point indicates", but I think the correlation is something average investors should be aware of. Insiders have been selling while the FED has been executing its POMO purchases (holding up the market). I suspect insiders know that this is their last chance to get out while the FED holds everything up. ( Read More ... )
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