Insider Buying Tipping to Bullish Side
Corporate officers and directors always sell more shares than they buy due to their many stock-option grants and vesting of restricted stock. For Thompson Reuters, when insiders sell only 12x as much as they buy on the open market, times are bullish -- and when that figure reaches 20x or more, that's considered a bearish period.
A chart of this action is published weekly, and this year's indicator has been particularly prescient, as noted below. The two hugely bearish readings came just days ahead of the April and October peaks in the Dow....195 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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