Sep 24, 2020 at 19:00 UTC.In August, the volume of personally owned stock sold by corporate executives reached its highest level since 2015, followed by a 10% decline in the S&P500 in September.
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Initial U.S. jobless claims up to 870,000.
Partial lockdowns begin in earnest in Europe and Israel.
Our main discussion: Did corporate insiders perfectly time the market top?
August saw the largest volume of insider selling since 2015, with more than 1000 corporate officers offloading $6.7B in stock.
Subsequently, the market has seen a 10% decline since the S&P500 all time high of Sept. 2.
What's more, according to new statistics, insider selling is happening at the fastest pace since 2012.The question is: What do these executives know that the rest of the market doesn't?
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.Disclosure.
Did Corporate Insiders Perfectly Predict the Market Top?
pubblicato su Sep 24, 2020
by Coindesk | pubblicato su Coinage
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