When I look at a beaten-up sector, one of the key tells that things may be near a turnaround is insider buying. I may not be an expert on a given industry, but the people running the companies in the space should have some deeper level of knowledge than I possess.
We are finally starting to see some insider buying in the energy sector after something of a lull in 2015. I have proven pretty definitively that I have no sense of timing when it comes to the oil market, as I have been long and wrong for a little over a year now. One of the reasons I had held off adding to my positions was the fact that insiders simply were not very active on the buy side.
