Another week with tug of war - again. Clarity is what is missing in the economy and that is a good situation for traders. As for small mom-n-pop investors, the level of mistrust for 'Wall Street' is still quite high. I mean who can blame the poor investors, especially this week when it looks like crooks from the previous (read early 2000s) scandals got some court rulings favorable to them and financial reform bill on capital hill seems to be loosing some toughness.
Top buys and sales for the week are shown below.
Buys:
- VMW ($12.5 M)
- ECTY ($9.99 M)
- MOTR ($9.3 M)
- ORA ($8.08 M)
- PCYC ($6.99 M)
Sales:- RL ($ 858 M)
- GAS ($707 M)
- CCI ($138 M)
- IHS ($80.5 M)
- RBCN ($37.9 M)
The rolling sell to buy ratio indicates insider buying as total market based sell/buy ratio is indicating positive activity. The ratio for the past week was
2.7 that amounts some bullishness.
Movie Production and Oil&Gas exploration industries saw continued insider buying.
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