Checking In on Two Market Bellwethers
Last Friday, Disney (DIS) Chairman and CEO Robert Iger exercised options for 1 million shares of Disney stock, valued at $47.3 million and netting $17.9 million, as reported by Bloomberg.
The stock has been a pillar of strength for over a year and a main support for the broader market. It is one of the key stocks I look to, along with American Tower (AMT), for signals regarding the condition of the overall market. At present, the technical picture of both stocks is neutral to modestly negative....318 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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