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Did Corporate Insiders Perfectly Predict the Market Top?
Economy, News

Did Corporate Insiders Perfectly Predict the Market Top?


PrimeXBT 728X90

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&P500 in September. 



August saw the largest volume of insider selling since 2015, with more than 1000 corporate officers offloading $6.7B in stock. Subsequently, the market has seen a 10% decline since the S&P500 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?

Source: CoinDesk.com

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