Insider Trading at Amazon
11/8/2017 Insider Trading at Amazon
This week we had two sectors in which insiders SOLD stock and did NOT buy any. At the same time we’re seeing margin to GDP levels higher than 1999 and 2008. Are these an indication that we are close to a major stock market correction?
Perhaps that is why Jeff Bezos sold off $1.1 billion of Amazon stock. Or perhaps it’s because the government subsidies Amazon has enjoyed on its rise to global retail dominance, are now under scrutiny.
How might these issues impact us? We’ll take a look and you can judge for yourself.
Slides and Links:
http://www.wsj.com/mdc/public/page/2_3023-insider.html
http://inflation.us/wp-content/uploads/2015/05/nysemarginpercentagegdp.jpg
https://www.investopedia.com/news/amazon-cuts-thirdparty-sellers-prices-ahead-holiday-season
http://www.nasdaq.com/symbol/amzn/insider-trades
http://stockcharts.com/h-sc/ui?s=amzn
https://www.ft.com/content/e5bf87b4-b3e5-11e7-aa26-bb002965bce8