Breadth and Insider Alert!

Breadth as being a gage for broad market participation (here measured for stocks of our Institutional 'Must Hold' Portfolio has developped a negative Divergence as well.

Neg. Divivergences have a solid track record with a nearly perfect signal ratio since 2009, so we should take this serious and look at the risk trade with caution.

Corporate Insider have already started to take money off the table. We have an Extreme reading & a Divergence which further underscores the cautious message.

The degree of risk seeking has reached a multi-year high, now that the FED has given the green light.