Good news? Bad news?

Posted on Sep 28, 2018 by in Letters

Readers should be aware that, with the making of new Dow highs, the Dow Theory has broadcast a bull buy signal.  That's  the good news.  The bad news is that insider sales of their own company stock are at a new high also.  It is always worth keeping an eye on news like this.  Insiders are just that--people who have privileged information and access.  If there is a wide held corporate executive opinion that earnings will be weak stock supply will be affected.

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