Insider Data - Week ending 12/12/2009

The week ending 12/12 was a week of indecision and volatility. Seems like the stocks are desperately looking for direction. For past 2-4 weeks, there seems to be a balance in bulls and bears activity. Bears are trying to find negatives in current market but bulls are trying to thwart bears' efforts but are not able to drive past the invisible shield that is preventing them to continue their charge. Dollar came back roaring this week, firming our belief that the only thing permanent today is the change. But one thing is becoming noteworthy week after week, the DOW is stalled in the 10K – 10.5K area and is stonewalling.

Insiders were on buying spree this week too though not as strong as it was in the week ending 12/05.The sell to buy ratio was not too terrible and it seems like insiders are making the sell/buy ratio settle down a bit after big wave of sells towards the beginning of November. The chart below shows the sell/buy activity as rolling average for past 10 weeks.



Top buy and sell side transactions can be seen in the table below. Among other, BIF seems to be in accumulation phase for several weeks now although there is only one insider that is buying all it can lay its hands on.



Some significant C-Level buys are shown in the tables below



Finally, there is no big change in the industry level trend among the insiders. Grocery stores have been performing well in the past two to four weeks, and continue maintain their supremacy. All the industrial trends ranks were the same like in the week ending 12/05 except for Independent oil and gas that seems to have seen some insider buying in past 2 weeks.



Economic strength of the recovery is in the news again. Only the numbers after the holiday season can confirm it. In the mean time, congress is debating the overhaul of financial sector. As suspected, all republicans in the congress are voicing their concerns over it while democrats are trying to push it through strictly on party lines. Although congress seems to claim that they are people's representatives but strict adherence to party lines raises doubts about those claims. Well we may never understand politics and may never understand the big money but one thing is a universal fact that it is fight for survival every where, be it main street, wall street or the congress. Although people may sugar coat it in what ever manner every one is on their own pretty much when it comes down to the basics. So good luck to all.