Insider Data - Week Ending 01/23/2010

After a very interesting and tumultuous past week, I am sure every one is holding on to their seats and guessing what next week will look like. I feel that Mr. President did what he had to do, but the decline in the market did show some nervousness among the investors of their own. Since there was no fuel to propel the markets upwards anyways (for 6-8 weeks now), a bit of scare that Government stance generated sparked a dash towards the exit. I still don't get how the market reacts to news and events. I know the general pattern but still it amazes me every time.

Well, this is a third week in a row when insiders have shown signs of bullishness. This is almost creating a trends of sorts. If you compare with the blogs during past 3-6 weeks, one can tell that the insider bullishness is unmistakable. Are professional investors taking notice of this trend? More charts and data is provided on http://www.prontosec.com/secdata/trends.htm



Top transactions for past week are shown in the table below. Some noteworthy buys are for BIF which has been in accumulation phase for several several weeks now.



The insider trend based on industry has a changed for a change. Oil and gas that was favorite for past several weeks is not in top five any more. Last week has seen a frenzy of buying from the insiders in home improvement and specialty health services. REITs have shown some improvement also. Let us see how long this trend persists.



Good luck for the next week.