SentimentEdge report

Jason Goepfert

6-11-2020 at 3:10 pm

Corporate insiders favor S&P 500 stocks, not Nasdaq 100, as trends diverge

Corporate insiders in S&P 500 companies greatly picked up their pace of buying as shares fell in March, and they're continuing to buy. In Nasdaq 100 companies, though, insider buying has been tepid. The ratio between insider buys in the S&P 500 versus Nasdaq 100 is now at a decade high. This comes even as the Nasdaq has been above its 20-day average for more than two months, while the S&P has not.

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