Our insider activity service, InsiderScore, recently sent out a report indicating that insiders were as bearish–judging by their insider activity–as they’ve been in a long time. We should care about insiders because no one should know businesses better than the insiders at those businesses. They apparently are seeing no green shoots of growth as the insider selling relative to buying has worsened in the time since earnings were released.
I don’t mean to bring you down before the weekend, but there’s enough stuff coming from the mindless perma-bulls on financial television that you need to know what’s lurking in the weeds. Here’s a look at the last time the selling was this bad.