Alarm bells ring as JP Morgan’s Chairman and CEO, Jamie Dimon, dumps a staggering 178,222 shares of $JPM, totaling $32 million, adding to his already substantial sales this year exceeding $180 million. With Dimon’s actions signaling significant insider activity, concerns mount over the implications for the market, particularly amidst fears of quantitative tightening (QT). As the Reverse Repo Reaper looms, the rapid pace of fear-induced market movements underscores the potential for swift and dramatic shifts in investor sentiment.
JP Morgan Insider Trading Alert 🚨
Chairman & CEO Jamie Dimon just dumped 178,222 $JPM shares worth $32 million. He's now sold more than $180 million worth of shares this year. pic.twitter.com/f9GtuWYaFN
— Barchart (@Barchart) April 16, 2024
Down to $327B. The Reverse Repo Reaper is coming for QT. pic.twitter.com/QKNLYBpFG8
— James Lavish (@jameslavish) April 16, 2024
Fear happens fast pic.twitter.com/450jUUAt5N
— Sven Henrich (@NorthmanTrader) April 15, 2024