Thursday, March 16, 2017

Entitled Ignorance. Priceless

What Trump did in a nutshell is give insiders a chance to get out. And they took it...

"Chief executives may profess loving a pro-business president in the White House, but they are saying something else with their money"

In the last week, insiders' sale transactions on the NYSE outnumbered their purchase transactions by more than 11 to 1, according to Vickers, a publication of Argus Research. The 11.47 reading is 3.5 standard deviations above the mean"

On February 14, 2007, the NYSE/ASE reading was 11.77

Trump Unleashed America's Animals Spirits
"When confidence is high, and since financial assets are hard to evaluate by those who are buying them, people will and do buy snake oil. And when that is discovered, as it invariably must be, the confidence disappears and the economy goes sour."

"8 More Years!!!"

Today was Skynet's best effort to crush volatility post-Fed/BOJ, similar to after the Trump speech...



Government Sachs

ZH: Goldman Insiders Sell $200 million in stock since the election

Option skew

"How can we sell if some other jackass isn't buying?"