CNN Business: “CEOs are selling stock. That could be a bad sign for the epic market rally” - DataTrek Research
17 Aug
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CNN Business: “CEOs are selling stock. That could be a bad sign for the epic market rally”

By admin_45 in IN THE NEWS CNN Business: “CEOs are selling stock. That could be a bad sign for the epic market rally”

Excerpt from CNN Business quoting DataTrek's Nick Colas:

.... "Maybe they are literally just figuring out their own personal balance sheets. These are real people making real economic decisions," said Nicholas Colas, co-founder of DataTrek Research.

Colas added that corporate executives may also be choosing to cash in chips because they fear for their own jobs as companies mull cost-cutting during the pandemic"....

Read the full article here in CNN Business!

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