CEOs are selling stock. That could be a bad sign for the epic market rally

Yet there are signs that at least some leaders of Corporate America are skeptical about the sustainability of a mega rally that has catapulted the S&P 500 by 51% since the March 23 lows.CEOs, leading shareholders and other senior executives are rushing to take chips off the table. Robinhood is now worth more than $11 billionSo-called insiders have dumped more than $50 billion worth of shares since the start of May, according to TrimTabs Investment Research.

"Insiders may be looking at stocks and saying, 'The market has gotten way ahead of itself,'" said Marc Chaikin, founder of Chaikin Analytics, a quantitative investment research firm based in Philadelphia. Yet those concerns among insiders don't alter the driving force of the market rally: easy money from the Federal Reserve.Barrick Gold's stock soars after Warren Buffett's company buys a stake"The market doesn't care.

Finally some obvious truth from CNN

Hey there is cnn news word “could” again!

is ove-analyzing it. That's just the reality of the market. It's called profit taking. Then you can still buy it

CNN would love a market crash, wouldn’t they?

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Stock market looks like ‘hapless Wile E. Coyote, running off the edge of a cliff,’ says behavioral economistAlthough the rally by arguably the most important stock-market benchmark in the world has stalled out, its proximity to an all-time closing peak has made a... This is me if my kid ever calls himself a 'value investor' A SPLAT with no bubbles or droplets If there are, (and there are plenty) articles talking about doomsday then it’s the time to load the boat.
स्रोत: MarketWatch - 🏆 3. / 97 और पढो »

Boeing to offer second layoff plan, CEO Calhoun sees smaller market aheadBoeing Co said on Monday it would offer employees a voluntary layoff package with pay and benefits for the second time this year, as the planemaker battles a coronavirus-induced slowdown in global air travel. With Boeing representing approx. 1% of U.S. GDP, this will have a ripple effect. CEO and upper management should quit and take a pay cut.. More families about to enter the no longer augmented, not enough to pay the bills, unemployment insurance benefits line.
स्रोत: Reuters - 🏆 2. / 97 और पढो »