Wednesday, November 27, 2024

20-Year High in Insider Selling Precedes Market Top | Adam Taggart

 
The highest bars in the chart above (ratio of sellers to buyers) seem to come before the final major price tops in the S&P 500. The ratio of insider selling to buying is now at a 20+ year high:
 
1. Stocks are at an all-time high.
2. Corporate executives are selling far more stock than they are buying.
3. It doesn't take a genius to see that the insiders are cashing out while the getting is good,
     leaving everyone else to be the patsy when the rug pull arrives.