Insider Trading by Sector
Last week in the Trading Notes I pointed to the following article: INSIDERS CONTINUE TO INCREASE THEIR BUYING. The article lists their source as Finviz. However, as far as I can see Finviz does not disclose it’s data source.
In what looks to be a very contradictory piece, in the Wall Street Journal [weekend edition], data on Insider transactions, from Thompson Financial and the Wall Street Journal Markets Data Center shows only four and a quarter percent of all insider transactions to be on the buy side. Is the data contradictory?
Could it be they are both correct. Buying is at a new recent high but selling continues to overwhelm buying, rendering the headline above misleading, at best.
ETF Range Projections & A Quote to Start the Day
All the adversity I’ve had in my life, all my troubles and obstacles, have strengthened me… You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you.
- Walt Disney
For more detailed economic data click “Today’s Calendar” in the navigation bar to the left. 
For the most part Asian markets are better, Europe lower: Nikkei 225 -0.27%, Hang Seng +0.62, Shanghai +3.48%, DAX -1.25%, and the FTSE 100 -0.42%
At about 7:35 AM ET in a typical option expiration reversal the futures are pointing to a lower open: Dow -105, S&P -13.6, NAZ -20, Oil -unavailable and Gold +$8.40
