U.S. indices were trading lower Wednesday as stocks pull back following August strength. Investors continue to watch for signs of a Fed taper and weigh the COVID-19 Delta variant’s impact on the economy.
The Qraft AI-Enhanced US Large Cap Momentum ETF (NYSE: AMOM), an exchange-traded fund driven by artificial intelligence, has acquired stakes in Reddit-favorite stock Advanced Micro Devices Inc.
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
U.S. indices were trading lower as Amazon.com, Inc. (NASDAQ: AMZN) fell following earnings and as COVID-19 delta variant concerns continue to drive market uncertainty.
U.S. indices were trading higher Thursday as investors weighed recent economic data and Wednesday's Fed decision. Investors also watched for developments related to a US infrastructure deal.