The market has provided a nerve-wracking amusement park ride for those with the stomach to hang in there. Of course, the Brexit vote caused a nasty selloff due to the uncertainty of what comes next and the long-term ramifications, but the ensuing recovery was just as swift. At the end of it all, stocks are right back where they have been, mired in the same long-standing trading range but apparently (in my opinion) more inclined to find some sort of upside catalyst.

Headlines continue to dominate the trading landscape, perpetuating a news-driven trader’s market rather than allowing a healthier valuation-driven investor’s market to return to favor. After all, that’s what stock market investing is supposed to be about. Narrow market breadth and daily stock price gyrations have been driven primarily by three headline generators -- oil price, the Fed’s monetary policy, and China growth. Sure, there were many other important news items, notably the sinister course of Islamic terrorism.

Earnings reports on Wednesday from big banks like Goldman Sachs (GS) and JPMorgan Chase (JPM) were encouraging. And Apple (AAPL) got a much-needed boost from the top tech analysts. However, Goldman’s analysts tried to throw a wet blanket on the markets earlier this week with their expectation that earnings reports overall this year would be “uninspiring” and that equity returns this year likely will be only in the single digits.

The Sabrient Insider Sentiment Index (NYSE Arca: SBRIN) identifies 100 stocks that reflect favorable corporate insider buying trends and recent earnings estimate increases by Wall Street analysts.

• This index is tracked by the Guggenheim Insider Sentiment ETF (NYSE Arca: NFO). NFO is rated 5 STARs by Morningstar, the highest possible rating.

Here is a link to Morningstar's page on NFO.

The Guggenheim Insider Sentiment ETF (NFO) -- which is based on the Sabrient Insider Sentiment Index --  has beat the market since its  inception in 2006.  This article from TheStreet.com (originally published at Insider Monkey) tells you why . . .

The Claymore/Sabrient Insider ETF (NFO) has come to the attention of the ETF Professor after receiving the prestigous four-star rating from Morningstar:

The Claymore/Sabrient Insider ETF (NFO) racks up another accolade, this one from Michael Johnston at ETFdb.com.  He talks about the expansion of ETFs from a "closet industry" five years ago to an investment option for mainstream investors and about the growing number of quant-based funds:

There are five bullish signs coming out of corporate suites that indicate we're headed out of the recession and into a sustained recovery, according to Samuel Fromartz of Fidelity.  The signs include insider buying, and Mr. Fromartz points to the Claymore/Sabrient Insider ETF (NFO) as evidence, mentioning that NFO has risen 105% since the market low in March.   Read the entire article here.

In an interview with Howard Gold of the Money Show Video Network, Sabrient's Chief Market Strategist David Brown reviews some of the specialized indices that Sabrient has developed for ETF providers. Tickers: DEF, NFO.