NEWS AND COMMENTARY
We've warned anyone who will listen that the recent rally is just
a temporary blip in a confirmed, long-term bear market.
are declining, and second-quarter earnings are expected to be even
worse than the previous two quarters. Earnings for tech stocks are
expected to be down 51% compared to last year's second quarter.
Now, investors are
getting anxious and are bailing out. They're not the only ones!
Corporate insiders are also dumping stocks, using the temporary
rally to get rid of shares in their own companies before stock prices
For example, the
CEO of one software company recently sold all of his 200,000 shares,
and a vice president sold all of his 15,000 shares.
Our advice: Follow
their lead, and use any continuation of the rally to sell.
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