US market weekly highlights for 4-8 October, 2021

US market weekly highlights for 4-8 October, 2021

Insider Observations

Insider trading volume remained light this past week as insiders are busy preparing for upcoming earnings reports and conference calls and giving their stock brokers a break. Insider buying dropped at a faster rate than selling but the sentiment remains neutral – almost 1 sells to 1 buy (which gives us S/B Ratio 1.1).

We upgraded 3 stocks, downgraded 3 also and we have begun to see meaningful selling in several former SPAC’s, as well as some buying.

This is a short summary of our Highlights report for the US market which we send to our clients every Friday. If you are interested in it, please, email us to sales_admin@smartinsider.com or fill in the Contact form.

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