The Edge - InsiderStreet.ai | February 24, 2026

🔥 PRE MARKET MOVERS

Pre-Market Session • 07:00 ET • $0.0T Total Volume

📈 Top Gainers by $ Volume

ACLX +77.43% $3.7B

BE +8.63% $1.6B

IBRX +12.99% $844M

VRE +12.16% $368M

USAR +9.05% $276M

VKTX +11.05% $195M

FSM +8.72% $193M

TNDM +15.02% $187M

EHAB +22.63% $172M

LEGN +9.00% $122M

📉 Top Losers by $ Volume

CRWD -9.85% $5.3B

IBM -13.15% $3.9B

NVO -16.43% $3.8B

DDOG -11.28% $1.2B

MDB -11.37% $918M

ZS -10.31% $815M

COMP -11.84% $307M

LMND -11.87% $299M

GRAL -14.30% $232M

STEP -12.24% $199M

🐷 PIG ROAST

ACLX +77.4% Businesswire: Lawyers sniffing around the sale price? ACLX rockets 77% to $113.75—YTD already up 80%, sharks smell blood money.

IBRX +13.0% Fool.com: Anktiva sales explode 700%, IBRX pops 13% to $9.83—YTD beast mode +387%, losses be damned, hype train chugs on.

VKTX +11.1% Benzinga: Novo stumbles, VKTX weight-loss dreams shine—up 11% to $34.46, tiny YTD dip forgotten in the fat-melting frenzy.

QMMM +19.4% Globenewswire: Nasdaq delinquency notice? QMMM ignores it, surges 19% to $119—1Y insanity +17,801%, down 61% from peak, meme rocket relights.

CRWD -9.8% Barrons: Anthropic AI spooks cyber kings, CRWD craters 10% to $350—YTD -23%, 38% off highs, threat report can't save this bloodbath.

IBM -13.2% Finbold: Anthropic's shadow crushes dinosaurs—IBM tanks 13% to $223, YTD -23% and 31% from peaks, old iron gets AI-rust.

NVO -16.4% Forbes: CagriSema trial flops vs rivals, NVO plunges 16% to $39.63—YTD -24%, 57% off highs, weight-loss throne slips away.

NET -9.6% CNBC: Anthropic AI coder killer haunts NET, down 10% to $160—YTD -18%, 38% from highs, wall Street whispers "buy" amid panic.

DDOG -11.3% Reuters: Anthropic's AI tool guts cyber dreams, DDOG dives 11% to $103—YTD -23%, 49% off highs, analysts cheer from the rubble.

💬 Word on the Street

Rep. Tim Moore (R-NC) quietly picked up shares of Krispy Kreme (DNUT) while insiders at Amkor Technology (AMKR) dumped $970.7 million in a single day—the kind of lopsided action that makes you wonder who knows something we don't. Meanwhile, Arcellx (ACLX) rocketed 77% after lawyers started circling its sale price like vultures, and ImmunityBio (IBRX) surged another 13% on 700% revenue growth despite bleeding cash. Here's what smart money did today as $1.4 billion quietly flowed out the back door.

🌤️ MARKET WEATHER

Presidential Cycle: Year 2 (2nd Term Year 2) • Donald Trump (R)

We're 39 days into Year 2 of Trump's second term, and the major indices are running slightly ahead of the typical second-term pattern—SPY sits just 0.8% above the historical Year 2 average despite being slightly negative on the year, while QQQ is lagging by about half a point. The seasonal playbook suggests we're due for another 1.5% climb through mid-March if history holds, though it's worth noting that second-term Year 2s have historically been the weakest of the four-year cycle, averaging just 3.5% full-year returns for SPY. Right now we're tracking close to script, neither significantly ahead nor behind where markets have typically traded at this point in the presidential timeline.

SPY -0.2% YTD

2026 Actual

2nd Term Year 2 Avg

Year 2 Projection

vs 2nd Term Year 2: +0.8%

vs 20yr Seasonal: -0.7%

Day: 39 / 252

QQQ -1.8% YTD

2026 Actual

2nd Term Year 2 Avg

Year 2 Projection

vs 2nd Term Year 2: -0.6%

vs 20yr Seasonal: -3.0%

Day: 39 / 252

📊 2nd Term Year 2 years historically average 3.5% for SPY. Current YTD: -0.2%

📖 HOW TO READ THIS REPORT

The Big Idea: When insiders, institutions, AND politicians all bet on the same stock? That's convergence — and historically, these aligned signals tend to pack more punch than solo moves. We track the smart money so you don't have to.

Signal Badges

ETF Institutional funds adding/removing positions
INSIDER Corporate executives buying/selling their own stock
CONGRESS Politicians making trades (yes, we see you)

Momentum Icons

▲ + Buying Rising Stock: Smart money accumulating as price rises — ideal alignment
+ Buying Falling Stock: Smart money accumulating while price drops — falling knife risk
▲ - Selling Rising Stock: Smart money exiting while price still rising — warning signal
- Selling Falling Stock: Smart money exiting as price drops — confirms downtrend

The Bottom Line: Convergence + aligned momentum = strongest setups. Convergence + divergent momentum = proceed with caution. This isn't financial advice — it's intelligence. What you do with it is on you.

📚 Jargon Buster

Stop Hunt

Big boys deliberately push price just far enough to trigger your stop, then reverse. Congrats, your perfect entry is now their perfect entry.

🎯 SMART MONEY CONVERGENCE

📈 Accumulation Detected (10)

TSLA Tesla, Inc. ⭐ CONGRESS INSIDER ETF

+ Buying Falling Stock 5D -4.2% 3M -1.0% 1Y +12.8%

3 member(s) purchased N/A • 27 insiders purchased $142795.2M • 1214 ETFs increased positions

ORCL Oracle Corporation ⭐ CONGRESS INSIDER ETF

+ Buying Falling Stock 5D -11.8% 3M -37.4% 1Y -19.1%

4 member(s) purchased N/A • 4 insiders purchased $1400.0M • 859 ETFs increased positions

CRWV CoreWeave, Inc. Class A Common Stock ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D -5.4% 3M +21.2%

2 member(s) purchased N/A • 46 insiders purchased $279.2M • 207 ETFs increased positions

EMR Emerson Electric Co. ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D -1.7% 3M +13.6% 1Y +18.2%

1 member(s) purchased N/A • 10 insiders purchased $134.9M • 432 ETFs increased positions

FDS FactSet Research Systems Inc. ⭐ CONGRESS INSIDER ETF

+ Buying Falling Stock 5D -7.6% 3M -28.5% 1Y -58.7%

9 member(s) purchased N/A • 24 insiders purchased $111.1M • 293 ETFs increased positions

JNJ Johnson & Johnson ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D +1.0% 3M +22.2% 1Y +57.4%

2 member(s) purchased N/A • 12 insiders purchased $104.5M • 781 ETFs increased positions

DASH DoorDash, Inc. ⭐ CONGRESS INSIDER ETF

+ Buying Falling Stock 5D +2.7% 3M -18.6% 1Y -18.6%

7 member(s) purchased N/A • 11 insiders purchased $100.3M • 543 ETFs increased positions

UNP Union Pacific Corporation ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D +1.2% 3M +20.0% 1Y +9.1%

3 member(s) purchased N/A • 34 insiders purchased $64.7M • 587 ETFs increased positions

ITW Illinois Tool Works Inc. ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D -2.1% 3M +21.6% 1Y +12.5%

1 member(s) purchased N/A • 19 insiders purchased $58.8M • 462 ETFs increased positions

ABBV AbbVie Inc. ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D -0.9% 3M -1.5% 1Y +17.1%

1 member(s) purchased N/A • 15 insiders purchased $53.1M • 762 ETFs increased positions

😱 VOLATILITY & FEAR

The VIX declined 7.3% over the week to settle at 19.09, positioning within the normal range and suggesting neither complacency nor elevated concern among equity options traders. The MOVE index, measuring bond market volatility expectations, fell more sharply by 12.8% to 10.26, indicating historically low anticipated turbulence in fixed income markets. This divergence shows equity volatility holding near mid-range levels while bond market participants are pricing in minimal interest rate uncertainty in the near term.

VIX

19.09

-7.3% WoW

➡️

Normal

MOVE

10.26

-12.8% WoW

➡️

Low

|| Market Sutra ||

"The market is a mirror; your trades reflect your habits."

— Repeated stop-outs in choppy markets often reflect impatience, not strategy flaws.

📊 MARKET REGIME

Market breadth shows a defensive posture with Consumer Staples, Materials, and Utilities leading at 97-100% participation while growth-oriented Technology and Communication sectors lag significantly at 44% and 39% respectively. The divergence between traditional value indices like DIA at 67% and IYT at 74% versus the growth-heavy QQQ at just 52% reinforces this risk-off rotation. This configuration typically reflects investor preference for stability and income over growth, with participants positioning in sectors that historically perform better during periods of economic uncertainty.

Sector Strength

🛒 Consumer Staples

100.0%

-0.6%

🧱 Materials

100.0%

-0.7%

⚡ Utilities

96.8%

+0.4%

⛽ Energy

95.5%

+1.5%

🏠 Real Estate

77.4%

+0.3%

🏭 Industrials

72.2%

+0.4%

🔌 Semiconductors

68.0%

+1.3%

🛍️ Consumer Discretionary

63.3%

-1.1%

🏥 Healthcare

53.3%

+0.6%

💻 Technology

44.3%

-0.7%

📡 Communication

39.1%

+0.7%

🏦 Financials

37.8%

-1.8%

📈 INDEX BREADTH

SPY

64.4%

BULLISH

QQQ

51.5%

NEUTRAL

DIA

66.7%

BULLISH

IYT

74.4%

BULLISH

💧 FED LIQUIDITY

Net Liquidity: $6.61 Trillion

↓ $9.0B WoW

As of February 18, Fed net liquidity stood at $6.61 trillion, down $9.0 billion from the prior week, indicating a modest tightening in financial system liquidity that historically correlates with reduced support for risk asset prices. The next H.4.1 release drops Thursday, February 26, which will show whether this liquidity drain accelerated or reversed.

📅 ECONOMIC CALENDAR Surprise Index: +2.2

Yesterday's data painted a mixed picture as the Chicago Fed Activity Index came in at 0.18 versus expectations of 0.3, while December factory orders badly missed at -0.7% against a 0.9% estimate—a significant deceleration from the prior month's 2.7% reading that marks continued weakness in manufacturing demand. The lone bright spot came from Dallas Fed manufacturing, which swung to 0.2 from -1.2 and crushed the -3.5 estimate by 3.7 points, suggesting some stabilization in Texas factory activity. Today's focus shifts to a parade of seven Fed speaker appearances alongside consumer confidence data expected to rise to 87.4 from 84.5, with markets particularly attuned to any inflation or rate path commentary from voting members Waller and Collins, while tomorrow's crude oil inventory data will be closely watched after last week's substantial 9.014 million barrel drawdown.

Yesterday — Monday, February 23

5 events · 1 beat · 3 misses

13:30 Chicago Fed National Activity Index (Dec) -0.21 vs 0.1 est

13:30 Chicago Fed National Activity Index (Jan) 0.18 vs 0.3 est

15:00 Factory Orders MoM (Dec) -0.7% vs 0.9% est

15:30 Dallas Fed Manufacturing Index (Feb) 0.2 vs -3.5 est

Today — Tuesday, February 24

12 events · 12 upcoming

13:00 Fed Goolsbee Speech Pending

14:00 S&P/Case-Shiller Home Price YoY (Dec) est 1.4% / prev 1.4%

14:00 Fed Collins Speech Pending

14:00 Fed Bostic Speech Pending

14:10 Fed Waller Speech Pending

14:15 Fed Waller Speech Pending

14:30 Fed Cook Speech Pending

15:00 CB Consumer Confidence (Feb) est 87.4 / prev 84.5

16:30 Atlanta Fed GDPNow (Q1) est 3.1% / prev 3.1%

20:15 Fed Barkin Speech Pending

20:15 Fed Collins Speech Pending

21:30 API Crude Oil Stock Change (Feb/20) prev -0.609

Tomorrow — Wednesday, February 25

6 events · 0 high impact

12:00 MBA 30-Year Mortgage Rate (Feb/20) prev 6.17

14:35 Fed Barkin Speech Pending

15:00 New Home Sales (Jan) prev 0.657

15:30 EIA Gasoline Stocks Change (Feb/20) prev -3.213

15:30 EIA Crude Oil Stocks Change (Feb/20) prev -9.014

18:20 Fed Musalem Speech Pending

🏦 INSTITUTIONAL FLOW

Exchange-traded funds showed mixed positioning in mega-cap technology stocks this period, with 1,214 ETFs adding Tesla positions while 652 reduced them, and similar divergent flows in Broadcom (1,060 adding vs 831 removing) and Microsoft (1,041 adding vs 783 removing). The split activity—10 ETFs net adding and 10 net removing across these semiconductor and software positions—suggests institutional rotation within the technology sector rather than a directional bet, as managers rebalanced exposure among large-cap tech names.

Top Buying

TSLA Tesla, Inc. ⭐

+ Buying Falling Stock 5D -4.2% 3M -1.0% 1Y +12.8%

1214 ETFs • 0 shares

AVGO Broadcom Inc. ⭐

+ Buying Falling Stock 5D +1.6% 3M -6.8% 1Y +46.1%

1060 ETFs • 0 shares

MSFT Microsoft Corporation ⭐

+ Buying Falling Stock 5D -4.0% 3M -20.9% 1Y -7.1%

1041 ETFs • 0 shares

PLTR Palantir Technologies Inc. ⭐

+ Buying Falling Stock 5D -0.6% 3M -21.0% 1Y +22.9%

897 ETFs • 0 shares

ORCL Oracle Corporation ⭐

+ Buying Falling Stock 5D -11.8% 3M -37.4% 1Y -19.1%

859 ETFs • 0 shares

Top Selling

AVGO Broadcom Inc. ⭐

- Selling Falling Stock 5D +1.6% 3M -6.8% 1Y +46.1%

831 ETFs • 0 shares

MSFT Microsoft Corporation ⭐

- Selling Falling Stock 5D -4.0% 3M -20.9% 1Y -7.1%

783 ETFs • 0 shares

TSLA Tesla, Inc. ⭐

- Selling Falling Stock 5D -4.2% 3M -1.0% 1Y +12.8%

652 ETFs • 0 shares

ABBV AbbVie Inc. ⭐

▲ - Selling Rising Stock 5D -0.9% 3M -1.5% 1Y +17.1%

564 ETFs • 0 shares

JNJ Johnson & Johnson ⭐

▲ - Selling Rising Stock 5D +1.0% 3M +22.2% 1Y +57.4%

509 ETFs • 0 shares

🏛️ CONGRESSIONAL TRADES

Recent congressional trading activity shows Rep. Tim Moore rotating out of cryptocurrency exchange COIN into donut retailer DNUT, while Rep. David Taylor made mixed moves by adding insurance company PGR and tech giant MSFT while exiting pharmaceutical company LLY. Rep. Jake Auchincloss reduced his position in financial services firm STT, with the overall pattern suggesting members moved toward consumer discretionary and technology sectors while trimming exposure to both crypto-adjacent and healthcare holdings.

Top Buying

DNUT Krispy Kreme, Inc. ⭐ CONGRESS

+ Buying Falling Stock 5D +0.7% 3M -19.1% 1Y -67.7%

Rep. Tim Moore (Tim Moore) • $1,001 - $15,000

PGR The Progressive Corporation ⭐ CONGRESS

+ Buying Falling Stock 5D -0.4% 3M -8.6% 1Y -23.8%

Rep. David Taylor (David Taylor) • $1,001 - $15,000

MSFT Microsoft Corporation ⭐ CONGRESS

+ Buying Falling Stock 5D -4.0% 3M -20.9% 1Y -7.1%

Rep. David Taylor (David Taylor) • $1,001 - $15,000

PG The Procter & Gamble Company ⭐ CONGRESS

▲ + Buying Rising Stock 5D +3.2% 3M +12.4% 1Y +0.8%

Rep. David Taylor (David Taylor) • $1,001 - $15,000

CRM Salesforce, Inc. ⭐ CONGRESS

+ Buying Falling Stock 5D -6.1% 3M -21.7% 1Y -43.7%

Rep. David Taylor (David Taylor) • $1,001 - $15,000

Top Selling

COIN Coinbase Global, Inc. ⭐ CONGRESS

- Selling Falling Stock 5D -2.5% 3M -37.7% 1Y -37.5%

Rep. Tim Moore (Tim Moore) • $1,001 - $15,000

STT State Street Corporation ⭐ CONGRESS

- Selling Falling Stock 5D -2.2% 3M +9.8% 1Y +28.5%

Rep. Jake Auchincloss (Jake Auchincloss) • $15,001 - $50,000

LLY Eli Lilly and Company ⭐ CONGRESS

- Selling Falling Stock 5D +1.8% 3M +0.8% 1Y +21.9%

Rep. David Taylor (David Taylor) • $1,001 - $15,000

PH Parker-Hannifin Corporation ⭐ CONGRESS

▲ - Selling Rising Stock 5D +0.8% 3M +23.0% 1Y +46.2%

Rep. David Taylor (David Taylor) • $1,001 - $15,000

UNP Union Pacific Corporation ⭐ CONGRESS

▲ - Selling Rising Stock 5D +1.2% 3M +20.0% 1Y +9.1%

Sen. John Boozman (John Boozman) • $1,001 - $15,000

👔 INSIDER ACTIVITY

Notable insider cluster activity this week shows 11 insiders at both McDonald's and Johnson & Johnson acquiring shares, while 12 insiders at Wynn Resorts collectively sold positions totaling $264.2M. The largest single-stock insider sales occurred at Amkor Technology, where 5 insiders disposed of $970.7M in shares, and at Corebridge Financial, where 2 insiders sold $750.1M.

Cluster Buying

DOV Dover Corporation ⭐ INSIDER

▲ + Buying Rising Stock 5D -0.4% 3M +28.8% 1Y +13.0%

8 insiders • $696.1M

MCD McDonald's Corporation ⭐ INSIDER

▲ + Buying Rising Stock 5D +2.2% 3M +11.2% 1Y +13.0%

11 insiders • $133.5M

JNJ Johnson & Johnson ⭐ INSIDER

▲ + Buying Rising Stock 5D +1.0% 3M +22.2% 1Y +57.4%

11 insiders • $104.3M

HON Honeywell International Inc. ⭐ INSIDER

▲ + Buying Rising Stock 5D +0.7% 3M +27.5% 1Y +17.4%

10 insiders • $95.4M

MDLZ Mondelez International, Inc. ⭐ INSIDER

▲ + Buying Rising Stock 5D -3.5% 3M +7.7% 1Y -0.7%

10 insiders • $83.5M

Heavy Selling

AMKR Amkor Technology, Inc. ⭐ INSIDER

▲ - Selling Rising Stock 5D -0.9% 3M +50.0% 1Y +107.5%

5 insiders • $970.7M

CRBG Corebridge Financial, Inc. ⭐ INSIDER

- Selling Falling Stock 5D -12.2% 3M -1.5% 1Y -16.1%

2 insiders • $750.1M

WYNN Wynn Resorts, Limited ⭐ INSIDER

- Selling Falling Stock 5D -5.4% 3M -9.4% 1Y +15.9%

12 insiders • $264.2M

RCL Royal Caribbean Cruises Ltd. ⭐ INSIDER

▲ - Selling Rising Stock 5D -5.3% 3M +18.2% 1Y +25.2%

77 insiders • $233.7M

ROIV Roivant Sciences Ltd. ⭐ INSIDER

▲ - Selling Rising Stock 5D +5.0% 3M +36.5% 1Y +159.0%

19 insiders • $185.3M

📅 EARNINGS CALENDAR

879 companies report earnings today, with accumulation signals appearing in BBRI.JK and INCO.JK ahead of their results, while CRM.BA and AVIA.JK show distribution patterns as they prepare to report. Yesterday's session saw EOPSF surge 27.7% and EOS.AX climb 23.0%, while SCL declined 20.1%. Tomorrow's slate includes 755 companies scheduled to report quarterly results.

📊 Previous Earnings — February 23, 2026

694 reported • ✅ 68 beats • ❌ 57 misses

EOPSF Electro Optic Systems Holdings Limited ⭐ MET +27.7%

30

+ Buying Falling Stock

EPS: $-0.02 vs $-0.02 est

EOS.AX Electro Optic Systems Holdings Limited ⭐ MET +23.0%

30

+ Buying Falling Stock

EPS: $-0.03 vs $-0.03 est

SCL Stepan Company ⭐ MISS -20.1%

70

▲ + Buying Rising Stock

EPS: $-0.02 vs $0.35 est (-105.7%)

WOPEF Woodside Energy Group Ltd ⭐ BEAT +16.2%

70

▲ + Buying Rising Stock

EPS: $0.72 vs $0.70 est (+3.2%)

FRPT Freshpet, Inc. ⭐ BEAT +16.0%

70

▲ + Buying Rising Stock

EPS: $0.60 vs $0.43 est (+40.7%)

SOL.JO Sasol Limited ⭐ MISS +15.2%

70

▲ + Buying Rising Stock

EPS: $0.37 vs $9.24 est (-96.0%)

GAERF Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. ⭐ BEAT +15.0%

50

▲ + Buying Rising Stock

EPS: $0.21 vs $0.20 est (+1.8%)

TARS Tarsus Pharmaceuticals, Inc. ⭐ MISS +14.5%

30

+ Buying Falling Stock

EPS: $-0.20 vs $-0.19 est (-3.0%)

LINC Lincoln Educational Services Corporation ⭐ BEAT +14.3%

70

▲ + Buying Rising Stock

EPS: $0.50 vs $0.42 est (+18.9%)

VRE Veris Residential, Inc. ⭐ BEAT +13.2%

70

▲ + Buying Rising Stock

EPS: $0.19 vs $0.16 est (+18.8%)

🎯 Reporting Today — February 24, 2026

879 reporting • Smart Money:

508 acc •

211 dist •

160 neut

BBRI.JK PT Bank Rakyat Indonesia (Persero) Tbk ⭐

70

▲ + Buying Rising Stock

INCO.JK PT Vale Indonesia Tbk ⭐

70

▲ + Buying Rising Stock

015760.KS Korea Electric Power Corporation ⭐

70

▲ + Buying Rising Stock

214370.KQ Caregen Co., Ltd. ⭐

70

▲ + Buying Rising Stock

2308.TW Delta Electronics, Inc. ⭐

70

▲ + Buying Rising Stock

005290.KQ Dongjin Semichem Co., Ltd. ⭐

70

▲ + Buying Rising Stock

6594.T Nidec Corporation ⭐

70

▲ + Buying Rising Stock

2502.T Asahi Group Holdings, Ltd. ⭐

70

▲ + Buying Rising Stock

SIBN.ME PJSC Gazprom Neft ⭐

70

▲ + Buying Rising Stock

0005.HK HSBC Holdings plc ⭐

70

▲ + Buying Rising Stock

096530.KQ Seegene, Inc. ⭐

70

▲ + Buying Rising Stock

SALFACORP.SN SalfaCorp S.A. ⭐

70

▲ + Buying Rising Stock

015750.KQ Sungwoo Hitech Co., Ltd. ⭐

70

▲ + Buying Rising Stock

3037.TW Unimicron Technology Corp. ⭐

70

▲ + Buying Rising Stock

2887.TW TS Financial Holding Co., Ltd. ⭐

70

▲ + Buying Rising Stock

📌 Next Earnings — February 25, 2026

755 reporting • Smart Money:

416 acc •

181 dist •

158 neut

SBER.ME Sberbank of Russia ⭐

70

▲ + Buying Rising Stock

SMDR.JK PT Samudera Indonesia Tbk ⭐

70

▲ + Buying Rising Stock

FEMSAUBD.MX Fomento Económico Mexicano, S.A.B. de C.V. ⭐

70

▲ + Buying Rising Stock

3750.HK Contemporary Amperex Technology Co., Limited ⭐

70

▲ + Buying Rising Stock

039200.KQ Oscotec Inc. ⭐

70

▲ + Buying Rising Stock

122870.KQ YG Entertainment Inc. ⭐

70

▲ + Buying Rising Stock

BAYNN.MX Bayer AG ⭐

70

▲ + Buying Rising Stock

032500.KQ Kmw Inc. ⭐

70

▲ + Buying Rising Stock

074600.KQ Wonik QnC Corporation ⭐

70

▲ + Buying Rising Stock

FEMSAUB.MX Fomento Económico Mexicano, S.A.B. de C.V. ⭐

70

▲ + Buying Rising Stock

📝 Today's Summary

Smart money flows this week reveal divergent positioning across different participant groups, with insider activity showing the starkest contrasts. At Amkor Technology, 5 insiders collectively disposed of $970.7M in shares, while Corebridge Financial saw 2 insiders exit $750.1M in positions, and Wynn Resorts recorded 12 insiders selling a combined $264.2M. This selling activity stands against clustering accumulation at McDonald's and Johnson & Johnson, where 11 insiders at each company added to positions. Congressional trading shows Rep. Tim Moore rotating from Coinbase Global (COIN) into Krispy Kreme (DNUT), while Rep. David Taylor made mixed moves by adding Progressive Corporation (PGR) and Microsoft (MSFT) while trimming Eli Lilly and Company (LLY), and Rep. Jake Auchincloss reduced exposure to State Street Corporation (STT). Institutional flows through exchange-traded funds reflected sector rotation rather than directional conviction, with 1,214 ETFs adding Tesla positions against 652 reducing them, and similar split activity in Broadcom (1,060 adding versus 831 removing) and Microsoft (1,041 adding versus 783 removing). The market sits 39 days into Year 2 of Trump's second term with SPY trading just 0.8% above the historical Year 2 average despite being slightly negative on the year, while QQQ lags by approximately half a point. Historical patterns suggest another 1.5% climb through mid-March remains possible, though second-term Year 2s have typically been the weakest segment of the four-year presidential cycle, averaging just 3.5% full-year returns for SPY. Volatility measures show a notable divergence as the VIX declined 7.3% over the week to settle at 19.09 in the normal range, while the MOVE index dropped more sharply by 12.8% to 10.26, indicating bond market participants are pricing minimal interest rate uncertainty ahead. Market breadth reflects a defensive posture with Consumer Staples, Materials, and Utilities showing 97-100% participation while growth-oriented Technology and Communication sectors lag significantly at 44% and 39% respectively, creating a stark divide between traditional value indices like DIA at 67% and the growth-heavy QQQ at just 52%. Today brings 879 companies reporting earnings with accumulation signals appearing in BBRI.JK and INCO.JK ahead of results, while the economic calendar features seven Fed speaker appearances alongside consumer confidence data expected to rise to 87.4 from 84.5. Markets will be particularly attuned to commentary from voting members Waller and Collins regarding inflation trajectories and rate path expectations after yesterday's mixed data showed the Chicago Fed Activity Index missing at 0.18 versus 0.3 expectations and December factory orders badly undershooting at negative 0.7% against a 0.9% estimate. With 30 accumulation signals appearing across the market led by Tesla (TSLA), Oracle (ORCL), and Crowdvest Capital (CR

Key themes: Watch convergence signals closely. Stocks where insiders, institutions, and politicians agree tend to show stronger directional moves.