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Did Corporate Insiders Perfectly Predict the Market Top?

Did Corporate Insiders Perfectly Predict the Market Top?

Did Corporate Insiders Perfectly Predict the Market Top?

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&P 500 in September.

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&P 500 in September.

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&P 500 in September.

AccessTimeIconSep 24, 2020, 7:00 PM
Updated Aug 19, 2021, 4:32 AM

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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&P 500 in September. 

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This episode is sponsored by Crypto.comBitstamp and Nexo.io.

Today on the Brief:

  • Initial U.S. jobless claims up to 870,000
  • Partial lockdowns begin in earnest in Europe and Israel
  • The global demand for American stocks

Our main discussion: Did corporate insiders perfectly time the market top?

August saw the largest volume of insider selling since 2015, with more than 1,000 corporate officers offloading $6.7 billion in stock. Subsequently, the market has seen a 10% decline since the S&P 500 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?

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