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Pragmatic Capitalism

Practical Views on Money & Finance

INSIDER BUYING REMAINS NEAR ITS LOWS

The negative trends in insider buying and selling continued this week as insiders sold a total of $896mm in stock and purchased just $6.3mm.   Both were up from last week’s readings of $824MM in selling and the annual low in buying of $2.1MM.  The 4 week trailing average of purchases remains near its recent lows.

As we’ve previously mentioned, this is a vote of no confidence in the sustainability of the long-term recovery as insiders simply refuse to use their own dollars to buy into this rally.

Got a comment or question? Feel free to contact Cullen via email here or on Twitter here.
Cullen Roche

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC. Orcam is a financial services firm offering asset management, private advisory, institutional consulting and educational services. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and Understanding the Modern Monetary System.

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