Saturday, July 17, 2010

Insider Data - Week Ending 07/17/2010

A very interesting week. Although some of the bellwethers did report great results but market was kind of on the edge and caved a bit towards the end of the week. Was it the passage of financial reform which wall street hates obviously or just that people are turning bearish - again after a week or so long rally. Time will tell.

Insiders have not shown much enthusiasm during the week. There have been some sales by insiders pushing the sell to buy ratio up during past week. Frankly, what else you expect in this jittery market. Perhaps it is the time for the economy to show that it can stand on its own and only then market would perform better. One thing is sure, short term, it is traders market. So investors (read mom&Pop investors) should tread cautiously.

Following are the top transactions of the week -
Top Buys -

VMW $11,959,194
TYL $3,113,000
SPB $2,785,388
ARB $2,169,173
BFS $1,999,109

Top Sales-

GOOG $-38,503,719
HANS $-24,962,262
MCK $-19,081,339
FN $-12,623,829
FDP $-12,070,207


Sell/Buy ratio has been bearish this week. It fell slightly compared to last week and stood at around 12. Rolling trend is headed upwards although at a slow pace for now.

Top Industries where insiders have been buying for past two weeks are -

Technical & System Software $70,582,128
Technical Services $30,043,563
Pollution & Treatment Controls $9,185,382
Agricultural Chemicals $3,485,918
Computer Based Systems $2,786,593


For more details please visit www.prontosec.com

Have a good one.



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