The market suffered its worst losses since 2011. More than USD 2 trillion have been lost. Exciting times to look for some opportunities.
You should pay attention to insiders, when markets are heading South. Insiders know their companies best and if they believe it is a good moment to invest, may be also you should follow and pick up some bargains. If insiders are prepared to pile millions into buying shares of their own company they manage (like the CEO of IBM), they must be very confident that this is a strong buy at the right time.
In stormy times like these you should have already made your list of stocks you want to buy. Many blue chip companies in sectors like energy and resources are trading 30%-50% off their highs. Some companies re at 2009 to 2011 levels.
Be prepared that insider trades are a long shot. They might pay off in months or even years to come. But insiders who buy large quantities are more often right than wrong. I am sure that IBM will trade higher in one year than it does today.
Do not jump in with all you have got but consider the signal and start buying chunks on these levels. History confirms that you will do the right thing.
Sven Franssen