TPTX - Informative Insider Purchasing Activity - Weekly Update (05/22/20-05/29/20)
Over the past week, the S&P 500 rose again by 2.75%, almost recovering from its YTD losses. With economies restarting, novel optimism about vaccines and better-than-feared job losses last week, the stock market is behaving very optimistically. Of course, the biggest reason for this strong rally is the Fed pumping money into the market to reduce the impact of this unprecedented crisis. Unfortunately, with P/E multiples at very high levels and many companies being impacted severely by this crisis, it is very hard to find interesting investing opportunities in this market environment. Following insider purchases