Did Corporate Insiders Perfectly Predict the Market Top?

Sep 24, 2020 at 19:00 UTC.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.

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Initial U.S. jobless claims up to 870,000.

Partial lockdowns begin in earnest in Europe and Israel.

Our main discussion: Did corporate insiders perfectly time the market top?

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?

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.Disclosure.