Insiders Selling And Corporate Buybacks Falling – Is The Trump Rally Over?
Rick Ackerman and I chat this morning about the steady decrease in insider buying and corporate buybacks. A main driver for the markets has been consistent corporate share buybacks but this has been decreasing for a couple months. It is a very bearish sign when we see insiders net sellers of shares and corporations backing off of buying their shares. Overall this could be another sign that the Trump confidence bid is loosing steam.
(Audio length 00:10:44)