This morning I deleted The9 Limited (NASDAQ:NCTY) and Select Medical Holdings (NYSE:SEM) for the Barchart Van Meerten New High Portfolio for negative price momentum.

Welcome to edition 207 of Insider Weekends. Insider buying more than quadrupled last week with insiders buying $115.81 million of stock compared to $26.37 million in the week prior.

The average mid cap score is 58.97, below the four week moving average score of 63.32. NOTE: Scores will shift to reflect Q2 seasonality next week. The average mid cap is trading -12.6% below its 52 week high, 4.58% above its 200 dma, has 5.68 days to cover held short, and is expected to post EPS growth of 18.9% next year.

Insider buying was dismal last week with insiders purchasing $3.38 million of their stock compared to $9.42 million in the week prior. The Sell/Buy ratio this week compares unfavorably with the prior week, when the ratio stood at a record 45.23.