Reuters has a piece about “Insider trading and investor sentiment signaling a market top“. Is it a self-fulfilling prophesy? Tech investors’ blood run cold on the possibility that the tech market is a reflated March 2000 bubble:
Charles Biderman at TrimTabs told Bloomberg in this video that insider selling indicates the market has topped.
As TrimTabs writes, “If the economy is starting to recover, then why are insiders buying so few shares?” That seems to be a question investors may want to consider. Perhaps it is a “done deal” that the market will decline —-but for how long and how far?