Saturday, March 27, 2010

Insider Data - Week ending 03/27/2010

Market was still on the edge last week. Bulls tried to make their case for bull market by charging towards dow 11K but lost momentum along the way partly due to profit taking and partly due to problems with greek debt. I believe dow 11K is in the cross hair of the bulls now and it is only a matter of time. Earnings season will start in next couple of weeks and it would be interesting to see what Q1 did for the investors although, the comparisons are going to be benign.

Top trades for the last week are shown in the table below. Significant among others are the TTWO and DEER where money managers have poured some money.



Rolling Sell/buy ratio is about the same as it was during the last week. It is still bearish but staying constant for past three weeks.



Industrial trend has remained good in favor of biotechnology this week too.

Saturday, March 20, 2010

Insider Data - Week ending 03/20/2010

Another interesting week. Market is on the edge, the upward resistance can be felt so clearly. People just need some excuse, any excuse to sell but nothing major has happened so far. So the environment of caution is managing to persist for past 3-4 weeks.

The top transactions are shown in the chart below. Notable is 2mil+ purchase by CEO of BRKR. There was big sale by another insider from BRKR a few weeks back. Notable because, in spite of confidence shown by CEO, the stock has sold off in past two days.



Not much change in sell/buy sentiment, it is still in bearish territory.



Biotechnology sector has seen an uptick this week.

Sunday, March 14, 2010

Insider Data - Week ending 03/13/2010

Not much interesting happened in the past week. Stock market did go up for the week but still moving without a rudder. Seems like sovereign debt issue with
Greece might be ending soon. Other than that, recovery should be taking roots too, but unemployment is a nagging issue.

Top transactions of the week are as shown below.


The rolling market trend has seen surge in selling again which may be a bit surprising since the market is trending upwards. Do insiders see a hiccup in the future? Their actions certainly seem to indicate that.



Top transactions for industries are given below. Nothing of great significance though.



Let us see how are the things going to work in the next week since healthcare bill will take the center stage.

Sunday, March 7, 2010

Insider Data - Week ending 03/06/2010

What a difference one week can make. Last week it was quite evident that bulls are taking back the charge and market is at it highest level for the current year. Employment numbers, how so ever skewed they may be, did give market a positive momentum. Positive energy is good after all it is the perception that matters especially in the times of gloom.

The top transactions for the week are shown in the table below.



The rolling averages for past several weeks are shown in the table below. The insiders are selling again. Not sure what does that mean especially when they were on a buying binge for past 8-10 weeks. It is still not bad number so as to alarm the investors. Nonetheless, it needs to be watched closely, because 3 months back when this happened, market started to languish a bit after that.



Industrial trend is showing an insignificant number of insider buys from any particular industry. Reason being the insiders are cashing out anyways so no surprises there. I hope this trend does not take a turn for worst in next few months.



Since there is so much positive perception out there in the market, a word of caution, when every thing seems so rosy and every one thinks that market has only one way to go, that is when the surprises show up. So best of luck to all with that note of caution because it does not matter how much paper profits you have, what matters is how much money you have in the bank.