The US Sell/Buy ratio of Insiders trading in November 2024 is the highest level seen in the last decade. Whilst partly a function of strong market performance, this is nevertheless a bearish signal. Our analysts are also downgrading an unusually large number of stocks.
This high Sell/Buy ratio is a result of both unusually high levels of selling and light levels of buying. The data is as at 18th November and is shortly after trading windows have opened post corporate reporting and the result of the US Election. Up to the 18th November 2024 there have been as many Sells as in the whole of November 2023 but only 29% of the number of Buys.
Is the high Sell/Buy ratio simply due to higher stock prices or concerns about changes the newly elected leaders will make, possibly affecting their company, industry, or the economy? We will be watching closely to see if this bearish signal continues.
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