Netflix shot up 14.6% after it reported adding nearly 19 million subscribers during the holiday-season quarter and it topped sales and profit targets. The video streaming service’s expansion into live programming appears to be paying off as it wrapped up its best year ever with more than $40 billion in revenue.

Corporate insiders are more bearish than they’ve been in over a decade. That’s important information to counter the narrative that corporate insiders are doing a happy dance now that a more business-friendly administration is in power in the U.S. While some corporate chieftains may be dancing, a large majority are not.