INSIDER SELLING IS HUGE…$624,538,529 last week

INSIDER SELLING… Last week, we saw what was among the three the largest dollar value totals of “insiders” selling their own personally held shares in the companies where they are employed as officers and directors in over twenty years….. yes, they work there!

Again, their stock sales totaled an astounding value of $624,538,529 while dwarfing the total value of buying of $32,305,119…..it is quite a contrast. These sell levels in the past have always been concurrent with the beginning of what led into brutal bear markets. The higher the valuation that the market carries, the more brutal would be a bear market.

But why no bear market? At least not yet! The market has been carried and benefited from near artificially low interest rates and central banks’ intervention by buying stocks. More on that soon.

Our advice is to continue to take profits and if investing to “insist on value.”  Yes, there are numerous companies that are very undervalued and cheap by many historical gauges.