CVS Health Corporation (CVS) Stock Forecasts

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Nasdaq, we have a problem. Stocks started the year off with some tough slide — and the action following a non-farm payrolls report that surprised expectations (suggesting that more near-term Fed stimulus may be a fading dream) was particularly shocking. Now, insiders have weighed in. Vickers Stock Research’s one-week put/call ratio for the New York Stock Exchange has broken into negative territory, at 6.25 on a scale if anything above 6.00 is considered bearish. Last week the ratio was 3.38. That’s not great, but it’s only been one week (so far). But the Nasdaq’s one-week ratio has also moved into negative territory since last week – and this is where we really see it, with the current ratio standing at 15.57 compared to 4.54 last week. This is an ominous number under any circumstances, but we’d especially hate to see it as earnings season rolls around and with insiders mostly banned from trading for several weeks. In fact, these ratios are not the “final word” we wanted from corporate executives, directors, and beneficial owners. On a sector basis, insider buying was the largest in the Industrials sector over the past week, with $3.4 million worth of shares purchased versus $5.9 million sold at a buy/sell ratio of 1.8. The buy/sell ratio was also largely bullish in the financial sector

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