Archive for October 27th, 2010

Insider Selling Hits Record High

| October 27, 2010

Alan Newman, editor of the Crosscurrents newsletter, reported that the volume of insider sell transactions relative to buy transactions is now at the highest level on record. Newman looked at insider trading activity amongst the top ten companies that make up the Nasdaq such as Apple, Google and Amazon. Then he analyzed the biggest members […]

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Large Gap Remains Between Existing and New Home Sales

| October 27, 2010

The Census Bureau reported that September new home sales were 307,000 units, increasing slightly from 288,000 in August. The record low was 282,000 earlier this year, so new home sales remain near historically low levels. Bill McBride of Calculated Risk has been monitoring the gap that developed between existing and new home sales following the […]

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Short-term Forecast for October 27, 2010

| October 27, 2010

Stock Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the stock markets that we monitor. For intermediate-term outlooks see the latest weekly review, and for long-term outlooks see the latest big picture update. The S&P 500 Index The index closed slightly lower today, holding near recent highs of the uptrend […]

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