Are these moves by corporate giants indicative of a looming market correction, or is this just a temporary blip in an otherwise bullish trajectory?

Sharing is Caring!

In a surprising turn of events, seven corporate executives are offloading their shares at an unprecedented pace, reminiscent of the sell-off trend witnessed in 2021.

Jamie Dimon, the head of JPMorgan, parted with $150 million worth of $JPM shares on February 22, marking a notable move in the financial sector. Meanwhile, Mark Zuckerberg shed $661 million of Meta ($META) shares between January 31 and February 21, and Jeff Bezos, the Amazon magnate, liquidated a whopping $8.5 billion of Amazon ($AMZN) shares from February 9 to February 20. The figures are staggering, with a jaw-dropping $9.3 billion in stock sold by three individuals in less than a month. Some analysts see this as signaling a potential blow-off top.

See also  Sign of a worsening job market...




See also  Stock market rigged: Big players gamble with our money, controlling every security. Wake up!

186 views