| The KUIK Morning Market Report for Wednesday, February 6: | |||||||
| Markets are up after yesterday’s sell off. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (30) | points | 13,948 | 6:58 AM | ||
| S&P500 | Down | -0.19% | percent | 1,508 | (2.93) | points | |
| Nasdaq Composite | Down | -0.13% | percent | 3,168 | (3.97) | points | |
| 30 Year Treasury | Down | (2) | Basis Points | 3.20 | Annual Yield | ||
| Marketwatch reports that corporate insiders are aggressively selling their shares. Corporate insiders — officers, directors and the largest shareholders — presumably know more about their companies’ prospects than the rest of us do. An insider indicator calculated by the Vickers Weekly Insider Report is the ratio of all shares that insiders have recently sold in the open market to the number that they have purchased. For the week that ended last Friday, this sell-to-buy ratio for NYSE-listed shares listed stood at 9.20-to-1. The last time a weekly sell-to-buy ratio was worse than this was in late July 2011, before the U.S. Treasury’s credit rating was downgraded. | |||||||
| The Treasury Department announced today that it expects to gradually increase issuance of inflation protected securities in 2013. In a statement, Treasury said the increase in TIPS will occur in the 5-year sector. Treasury Inflation Protected Securities pay investors a coupon plus the rate of inflation. The department also said it plans to introduce a new security – floating-rate notes – within a year year. This would be the first new U.S. government debt security since 1997. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/insiders-now-aggressively-bearish-2013-02-06 | |||||||
| http://www.marketwatch.com/story/us-to-sell-more-tips-this-year-2013-02-06 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||