Insiders sending an ominous market signal: "Corporate insiders have been dumping shares at the highest pace in 4½ years, according to market data firm TrimTabs. The selling averaged $450 million a day in November, the highest since May 2011.
That has come in a month when the benchmark S&P 500 index has gained about 0.9 percent and is coming off its best week of the year, registering a 3.3 percent jump. Insider behavior, though, is often seen as a reliable indicator of underlying market strength, raising concern about the durability of a rally that began in October, tailed off in early November, but has come back strongly of late."
'via Blog this'
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