US Market INK

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following two offers if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
10-day money back guarantee*
JOIN THE CLUB
Canadian Insider Ad-Free
$49/ year*
All benefits of basic registration
No 3rd party display ads
10-day money back guarantee*
GO AD-FREE

* Price is subject to applicable taxes. Money back guarantee: For bona fide Ad-Free or Canadian Insider Club subscribers, if you downgrade to Basic or cancel with-in 10 days of first subscribing, we will refund your payment upon request. Immediately after downgrading or cancelling, using the same email that is associated with your account, request a refund via our Contact Us form at the bottom of the page. We will only consider one refund request per household or organization. We cannot accommodate refund requests where an account holder has not provided verifiable address and billing information.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

North American insiders signal that stocks face heavy resistance

 There appears to be a consensus among insiders that stocks are likely to face significant resistance at current levels. On Monday, we suggested that insiders were signalling that 1,160 would be a tough nut the crack for the INK Canadian Insider Index. We see the same dynamic playing out in US markets.

Stalling insider sentiment suggests stocks may have a hard time advancing

Like our Canadian-focused INK Indicator, our US Indicator is also levelling off. Such bottoming behaviour often takes place near significant resistance points. As a result, we expect 2,800 on the S&P 500 will be hard to crack in the short-term. If we are wrong, and stocks move higher in the days ahead, it would likely signal a return to a big-stock momentum-investing playbook. That said, we would not bet on that outcome.

Sound bites: Dippers Become Swingers

In my latest interview with Jim Goddard at Howestreet.com, I explain the key investing theme in our latest US Market INK report: the sea change facing investors after the election of Donald Trump. 

With Trump elected, will insider sentiment continue to move higher?

American insiders took advantage of falling share prices in the first week of November to increase their buying. Our INK US Indicator moved up to the 37% level, up from 30% last week. At 37% there are 37 stocks with key insider buying for every 100 with selling. Most encouraging was the uptick in sentiment among Industrials insiders. Our Industrials Indicator was back above 20% on Monday. Typically, when the indicator is below the 20% mark, the sector experiences weakness over the following 6 months.

Subscribe to RSS - US Market INK