Participants are well versed in "buy fear, sell greed". Last week marked two months of elevated greed and there are notable participants selling.
Jeff Bezos has sold $8.5B of $Amazon.com(AMZN)$ Stock
Mark Zuckerberg has offload over $400M of $Meta Platforms, Inc.(META)$
Jamie Dimon sold $150M of $JPMorgan Chase(JPM)$
Lsa Su started selling $Advanced Micro Devices(AMD)$ stock
While it may mean absolutely nothing at all, it is worth noting that Jeff and Mark last sold shares in December 2021, nearly marking the previous all time high in the markets.
Jamie's sale of company shares is his first since being in the top seat, and Lisa-- her business operates in the same semiconductor category that is propelling the world's endless AI capabilities forward.
Buy fear, sell greed.
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