Insiders: No Longer Bearish
By Paul Price of Market Shadows
The Thomson Reuters Insider Sell / Buy Ratio (correctly) was bullish in mid-December in time for the end of the year rally to new highs. It was also right two weeks ago when they went ultra-bearish around mid-January.
After a pretty sharp pull-back this good short-term indicator is now back to near neutral territory.
This may signal that the bulk of the carnage is now ending. It could be a good time to start selectively putting money back into some shares of beaten up companies.
