Opinion: Strong insider buying suggests a 15% rally in the S&P 500 from here
One of the troubling things about this market downturn is that as brutal as it got, corporate insiders never showed much interest in their discounted stocks.
That’s changed in a big way. They’re bullish now — signaling the stock market is oversold and due for at least a short-term bounce if not more. Using history as a guide, the S&P 500
the Dow Jones Industrial Average
and the Nasdaq Composite