The rolling average for the week showed some good enthusiasm from the insiders. May be it is the January effect that brought quite a few insiders in the market. The sell/buy ratio was quite favorable for this week. If the trend continues, there might be some serious signs of recovery as the insiders view it.
Top transactions of the week are shown in the table below. 'LM' is showing good insider activity for past several weeks. It seems like asset management is a good business these days as it has become quite hard for ordinary investor to keep up with the market pulse. This is indicated in the industrial trend chart also.
The c-level buys and sells are shown in the table below. The activity has been subdued compared to past week but that is not out of normal. Probably it is other insiders and 10% owners who are dipping their feet in the water.
Oil and gas sector has been quite active among the insiders for many many weeks now. Some banks and asset management are showing good activity also.
Overall, it has been a good week for the markets, both insiders and outsiders. Seems like the market has found some thing to latch on to and is not willing to let go. Then who ordinary investors and general public are to challenge the rhythm of the market. Stay put and good luck.
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