Insider purchases of stock are considered bullish.F 19 Evidence supporting technical analysis is the lack of serial correlation between stock prices.

Question

Quizplus · Accepted Answer

Insider purchases of stock are generally seen as a positive sign for the company's future prospects, indicating that those with inside knowledge are confident in the company's performance. Evidence also suggests that technical analysis can be effective, as demonstrated by the lack of serial correlation between stock prices, which indicates that past prices are not reliable predictors of future prices.

Insider Purchases of Stock Are Considered Bullish