Sell Signal for Stocks Seen as Bears Growl
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Bears are prowling in corner offices even as the stock market climbs to an all-time high.
Executives are dumping shares of their own companies at a rate suggesting the market may be near a short-term peak, according to Argus Research. The firm tracked an index of insider transactions from Vickers Stock Research. While the measure considers numerous factors, the bottom line is clear: at negative 19.88, the index is approaching a record low of negative 21.44.