Corporate Insiders Are Sitting Out the 2024 Stock-Market Rally

Corporate Insiders Are Sitting Out the 2024 Stock-Market Rally·The Wall Street Journal
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Stock investors could hardly be more enthusiastic: The S&P 500 has raced higher, notching its best first nine months of a year since 1997. Corporate insiders have been reluctant to snap up shares of their companies. Followers of insider sentiment believe the trades of company executives and board members, who ought to be well-informed about the prospects for their own businesses, can collectively provide a signal about the future performance of the market as a whole.

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