Insider Data - Week ending 04/24/2010

An interesting week after the GS news got some scrutiny from both sides. The Bulls made a case for continuing the uptrend. As earnings season continues, we will see how far the momentum carries the market.

Top transactions are shown in the table below. Abbot labs bought FACT so that was one major insider buy shown in the table. That would probably skew the results for the week also. Fairfax Financial bought almost $32 Million worth of SD that made the stock jump almost 10% in 3 days.
(Click on the table to view larger image for top transactions)



As mentioned before the rolling trend results are skewed because of the big insider transaction by Abbot labs. Ignoring that would mean that there was little relative inside buying during the week. May be time has come to see more M&A activity!



The industrial trend got skewed in favor of Biotechnology due to one big insider buy mentioned previously.

Insider Data - Week ending 04/17/2010

What a spoiler on Friday. Seemed like things are moving along nice, just like bulls would like them to be, and then SEC brings charges against the Goliath of Wall Street and the whole market swoons. Well it was not some thing that people expected or there were few who did? What ever may be the case, market did not like it very well. Next week will tell if the market really has a reason to panic or it was bulls trying to create an opportunity.

Top transactions of the week are shown below (Click on image to see enlarged view. )



There was general bearishness among insiders. May be because the market seems to have reached quite high. But one thing is sure, the general economy is in recovery mode or so the guys on the street seem to be interpreting. Any pull back may indicate time to put some money in to the market.



Industrial trend has been favoring the software and high tech sector. The buying by insiders has slowed down a bit though.



I hope market can digest the GS news favorably and people won't panic. But then, market does what it does.

Insider Data - Week ending 04/10/2010

We almost got there this week, Dow 11K that is. Why is there a hitch in the market to just shoot past that mile stone? Well, market has come so far up so fast in past one year that feeling of disbelief among people is enormous. The people sitting on side lines are feeling left out and the bulls are relentless in pushing the market up. So are bulls backing themselves to a wall? Are people sitting on side lines underestimating the potential of market and recovery? Market is indication of 6-9 months in future. And things do seem to be getting better (well relatively) as report after report indicates. Unless a disastrous thing happens, there does not seem to be much that can stop the market from keeping its march up albeit at reduced pace going forward.

Top transactions for the week are shown in the tables below. TTWO is a notable one where Investor Carl Icahn put in some more money this week. (Please click on the image to see enlarged view)



Rolling ratio of sell/buy by insiders indicate that there was less buying compared to past week. The ratio has jumped back in the range that existed during weeks before the last week. So for now we can say that the week ending on 04/03 was probably an anomaly.




Strong performance from Regional - Pacific Banks again. Investors can probably see that in the stock prices for the these banks itself also.



Good luck with the earnings season that kicks of in earnest next week.

Insider Data - Week ending 04/03/2010

The market seems to be in an uptrend. So is the buying this week by the insiders. Positive job numbers on Friday definitely helped. So where to now? Looks like upwards is the answer.

There have been quite a few secondary offerings last week. That includes FBC as a prominent one. Other top insider buys and sales are shown in the table below.



Rolling sell/buy trend seems quite favorable for the previous week. Partially because of the secondary offering.



Technology was the sector that saw quite a bit of buying during the week. It is understandable because when the market is on upswing, technology is usually the leader.



Good luck with the earnings season, it seems like the coming month is going to be good for stocks barring some unfortunate surprise.