Market Digest: CTVA, UWMC

Summary

Last week, we reported that the insider-sentiment data from Vickers Stock Research suggested that insiders were starting to poke around what was looking like a bargain basement for stocks. But now, after a fifth consecutive week of lower share prices and a growing sense that the end date for the war in Iran is a big unknown, the sentiment improvement has stalled. All of the major one-week sell/buy ratios from Vickers have pulled back (worsened) week over week — and in so doing have solidified a solidly neutral stance. Drilling down to sectors and taking a longer-term view, Vickers’ eight-week sell/buy ratios have locked down, showing no improvement this week. Taking this sector by sector, Consumer Staples, Financial, Healthcare, and Real Estate can claim a bullish eight-week sell/buy ratio for a second consecutive week. The neutral sectors are also unchanged week over week, and include Consumer Discretionary, Information Technology, Industrials, Materials, and Utilities. Also unchanged are the bearish ratios for Communication