Insider Selling 9:1 - A 2% Correction Usually Follows
Ironic, in my opinion, that insider selling is at a high the same week as newletter writers recommend their longest exposure in 13 years. This is people with inside information versus those without.
Mark Hulbert: "The sell-to-buy ratio for NYSE-listed shares listed now stands at 9.2-to-1. The last time a weekly sell-to-buy ratio was worse than this was in late July 2011. Over the next couple of weeks, $DJIA lost some 2,000 points. On average over the month following each prior occasion when the sell-to-buy ratio got this high, the broad market fell by 2.1%. "