Stock market crash inevitable? Insider buying plummets to lowest in decade
BLKBlackRock(BLK) Finbold·2024-04-12 20:57

Amid banking behemoth Goldman Sachs (NYSE: GS) suggesting that trouble was brewing in the stock market as hedge funds in the United States have been selling stocks at the fastest rate in three months and replacing them with short positions, the bearish sentiment is evident in yet another indicator. As it happens, the net insider buying from officers and directors of publicly traded corporations has dropped to 12.4% of stocks, representing the lowest level in at least ten years, according to the information ...