Nvidia's Insiders Are Speaking Volumes With Their Trading Activity -- but Are You Listening?
Nvidia's insiders have made a statement by not making an open-market purchase for 50 consecutive months (and counting).
Optimists have had every reason to smile over the last two-plus years. Since the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite bottomed out in October 2022, the bulls have been in firm control on Wall Street. Recently, all three indexes worked their way to record-closing highs.
Though catalysts have been abundant and include Donald Trump's return to the White House, stock-split euphoria, and better-than-expected corporate earnings, the primary wind in Wall Street's sails has been the rise of artificial intelligence (AI).
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