Saturday, October 18, 2014
The economy - Insiders Selling Stocks
One way to tell if the economy is healthy is to look at what corporate insiders are doing. If insiders (like CEO and corporate officers) are buying their own stock, then things must be going well. If insiders are selling their own stock, then things must not be going so well. So what are insiders currently doing? They are selling their own stock. Now that might not be a bad thing if it's just a few of them, but according to what I have been reading, insiders are selling like crazy. In fact, the level of selling is back up to where it was in 2000! Maybe all the hype of Wall Street is just a con. Maybe they are hyping things as being good so that they can unload their own holdings and leave the retail investors with the mess they have created? Things just don't feel good to me. i think we are going to have a big crash at some point and we will all be left holding a mess.