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Code red here’s what it means for the stock market now that company insiders are selling shares MarketWatch 2/6/2021 © AFP via Getty Images Now that WallStreetBets’ 15 minutes of fame is over, it’s all clear in the stock market, right? Maybe not. Right before the GameStop trading shenanigans dinged the market, company insiders were flashing a warning sign. Their selling was exaggerated compared to buying, and the negative skew hit code-red warning levels. What’s more interesting was the dichotomy among two major exchanges. Selling on the Nasdaq was flashing an outright red alert. But selling on the New York Stock Exchange was more of a yellow flag, according to a sell-buy indicators tracked by Vickers Weekly Insider from Argus Research.

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