STOCKS | U.S. Corporate Insiders Sold $77.6 Billion of Stock in the First Half of the Year

The Kobeissi Letter reported that U.S. corporate insiders sold $77.6 billion of stock in the first half of the year. According to NS3.AI, insider selling outpaced buying by an 11-to-1 ratio, while the Technology, Media, and Telecom sector has reached a record 49% of the S&P 500’s market value.