There’s a very good reason why we don’t invest anything retirement wise in the stock market; it’s not just a casino. It’s a rigged casino, and the people who’ve rigged it are about to cash out, big time:

The overwhelming volume of sell transactions relative to buy transactions by company insiders over the last six months in key leading sectors of the market is the worst Alan Newman, editor of the Crosscurrents newsletter, has ever seen since he began tracking the data.

…

The largest companies in three of the most important leading sectors of the market have seen their executives classified as insiders sell more than 120 million shares of stock over the last six months. Top executives at these very same companies bought just 38,000 shares over that same time period, making for an eye-popping sell to buy ratio of 3,177 to one.

…

The insider data “is good reason for considerable caution once the price action fades,” said Simon Baker, CEO of Baker Asset Management. Still “insiders normally buy early and sell early too. Longer term — 12 months out — it is more of a red flag.”

So to recap: the bigwigs running corporate America are cashing out as fast as humanly possible, and the bigger their company, the faster they are doing so.

Yeah. If you’ve got any money at all in this three card monte exercise, I’d recommend getting out now.