Summary
Last week, the Dow Jones Industrial Average fell 1.8%, the S&P 500 fell 0.6% and the Nasdaq gained just 0.3%. But this year, the Dow Jones is up 16%, the S&P is up 27% and the Nasdaq is up 33%. If we were looking for results that better reflect current insider sentiment data, we’d have to dig deep. Indeed, last week it emerged that shares are priced at levels that may be considered ‘expensive’, but are nevertheless unlikely to plummet in the final weeks of 2024. Insiders have stayed on the sidelines for several weeks, but have not done so . tapped by selling at worrying levels. Instead, they’ve made some decent year-end gains, but they’ve stayed in the game enough to show that the sky isn’t falling, and it probably won’t happen anytime soon. As evidence, all of Vickers Stock Research’s key sell/buy ratios over an eight-week period are within the neutral zone, which runs from 2am to 6am. On a sector basis, insider buying last week was greatest in the energy sector, with shares valued at $
