From the desk of Steve Strazza @Sstrazza
The market has become increasingly volatile as selling pressure spreads to the strongest stocks.
As bullish opportunities become more scarce, we’ve had to become more selective in terms of our long exposure.
This is because we’re trend followers. We want to be involved in uptrends, and as more and more uptrends come under pressure, we have fewer options. It’s as simple as that.
But when it comes to corporate insiders and activists, they actually become more active when stocks are under pressure. They love buying weakness.
So while there are fewer opportunities for trend followers like us, there is a growing list of opportunities for bargain-hunters like them.
As such, insiders have been very active in recent weeks as stocks continue to slide. But they don’t only buy downtrends. There has been some activity in names showing impressive relative strength as well.
Let’s talk about a handful of leading stocks that insiders have shown interest in recently.
To read this article, you must be a member of Inside Scoop. Please login below or go to Hot Corner Profits to start your risk-free 30 day trial today.Lost Password?