Market optimism is on the rise, as evidenced by a slew of positive indicators from Vickers Stock Research. The Insider Index, which had been in decline since late 2023, has now posted several weeks of gains, reaching -17.10 this week compared to -17.32 last week and -17.53 the week prior. Although it still lags behind the -7.79 reading seen in November 2023, when the market began a significant upswing, the trend suggests a growing sense of confidence among insiders. Furthermore, Vickers’ Sell/Buy Ratio has shown marked improvement, with the one-week reading dropping to 3.82 from 5.06 last week, while the eight-week ratio fell to 3.80 from 4.02. This indicates a notable increase in insider buying activity, with both short- and long-term sentiment aligning. With these readings firmly within the neutral zone of 2.00 to 6.00, we’re keeping a close eye on whether this upward trend will continue in the coming weeks, before insiders face trading restrictions due to the impending earnings season. Notably, the Real Estate sector saw insider buying outpace selling, with shares valued at…
Leave a Reply