The Market INK Report kicked off April noting that many investors had expected 2024 to be a year dominated by AI. However, geopolitics and commodity scarcity have emerged as key forces shaping returns year-to-date. That has turned out to be good news for insiders who have been buying copper, gold, and energy names for some time.
Canadian stocks preferred by insiders have enjoyed double-digit returns so far in 2024
It pays to let the insiders guide you. Year-to-date, the INK Canadian Insider Index which tracks 50 TSX-listed stocks preferred by insiders has advanced 12.22% as of April 23rd, thanks to its 49% weighting to the Energy and Basic Materials sectors. You can read more about insider sentiment trends and stocks with insider activity in our early April Market INK Report.
The April 8, 2024, Market INK Report includes our commentary, sentiment readings and the stocks with the most buying and selling on a dollar and volume basis in Canada over the past 60 days. Click here to download the April 8th Market INK Report for free.
The Market INK report is one of the most popular tools with our Canadian Insider members. You can get the Market INK Report delivered each week directly to your inbox and download the most recent report in the archives by joining us via a monthly or annual membership. Learn more here.
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