While legions of U.S. market-pumpers insist that all that lies ahead for U.S. markets is an “economic recovery,” and a continuation of this absurd rally, they deliberately ignore one of the most ominous indicators of the future direction of markets: insider selling.

For the entire duration of this hype-fueled rally, insider selling has been steadily increasing. As we enter what has historically been the two worst months for U.S. markets, a CNN article had this to say:

Corporate officers and directors have been selling shares at a pace last seen just before the onset of the subprime malaise two years ago.

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