The Edge - InsiderStreet.ai

🔥 PRE MARKET MOVERS

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

📈 Top Gainers by $ Volume

INTC +29.10% $939M

AMD +11.16% $433M

TCBI +1.38% $70M

IREN +10.55% $45M

PRM +2.77% $41M

POET +4.97% $32M

NOK +7.51% $27M

HIMS +0.78% $16M

NVTS +4.66% $13M

QS +4.51% $4M

📉 Top Losers by $ Volume

TSLA -3.07% $208M

NVDA -1.42% $182M

TMHC -11.54% $83M

PCVX -0.81% $55M

LINE -1.18% $28M

IONQ -6.62% $23M

BMNR -5.23% $14M

SMR -2.69% $10M

VSTS -0.75% $9M

NIO -4.09% $3M

🐷 PIG ROAST

TXN +19.4% CNBC: Crushed earnings by 32 cents and up 97% in a year – apparently analog chips are the new digital gold.

ON +9.9% Seeking Alpha: Up 176% in 12 months and analysts are "concerned" about the parabolic rise – nothing says party's over like upgrading to buy.

APLD +12.1% Motley Fool: Up 802% in a year because cloud titans need their AI infrastructure – apparently digital shovels beat actual gold rushes.

MCHP +9.9% Globe Newswire: Up 130% in a year making timing modules for AI – because apparently even artificial intelligence needs to show up on time.

URI +22.9% Motley Fool: Beat earnings by 76 cents and revenue by $110M – turns out renting bulldozers is more profitable than tech unicorns.

NOW -17.8% Motley Fool: Met earnings expectations perfectly and still crashed 18% – apparently "good enough" isn't good enough in software anymore.

CAR -48.4% Motley Fool: Down 48% today but still up 170% in a year – meme stock gravity finally remembered how physics works.

FCX -12.6% Seeking Alpha: Beat earnings by 10 cents but Grasberg mine delays have investors digging for the exit despite solid copper prices.

LULU -13.3% Business Insider: Down 46% in a year – turns out $128 yoga pants can't stretch enough to cover retail's leadership musical chairs.

AXTI -13.4% Defense World: Up 3991% in a year but down 13% today – even 40-baggers need bathroom breaks apparently.

💬 Word on the Street

Rep. Cleo Fields (D-LA) grabbed Taiwan Semiconductor Manufacturing Company (TSM) shares while 285 insiders at Crown Electrokinetics (CRWV) collectively dumped $1.4 billion worth of stock—talk about mixed signals on the chip sector as analog semiconductors apparently become the new digital gold. Meanwhile, the VIX jumped 4.1% to 18.9 even as the Fed quietly injected $1.7 billion in liquidity, and smart money flows showed a $2.7 billion net outflow with $3.3 billion in sales overwhelming $632.2 million in purchases. Here's what smart money is doing today.

📖 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

Stonks

Stocks but spelled wrong on purpose because spelling is for suits.

🎯 SMART MONEY CONVERGENCE

📈 Accumulation Detected (10)

META Meta Platforms, Inc. ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D -2.6% 3M +1.8% 1Y +32.0%

14 member(s) purchased N/A • 42 insiders purchased $8377.9M • 3442 ETFs increased positions

TTD The Trade Desk, Inc. ⭐ CONGRESS INSIDER ETF

+ Buying Falling Stock 5D -0.6% 3M -38.5% 1Y -53.5%

3 member(s) purchased N/A • 14 insiders purchased $197.5M • 1238 ETFs increased positions

KO The Coca-Cola Company ⭐ CONGRESS INSIDER ETF

+ Buying Falling Stock 5D +1.5% 3M +6.2% 1Y +5.5%

7 member(s) purchased N/A • 11 insiders purchased $137.4M • 2269 ETFs increased positions

EMR Emerson Electric Co. ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D +1.5% 3M -4.8% 1Y +44.6%

1 member(s) purchased N/A • 10 insiders purchased $134.9M • 1595 ETFs increased positions

TXN Texas Instruments Incorporated ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D +26.5% 3M +45.7% 1Y +97.1%

2 member(s) purchased N/A • 23 insiders purchased $118.8M • 2396 ETFs increased positions

AXP American Express Company ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D -2.3% 3M -13.5% 1Y +26.8%

5 member(s) purchased N/A • 17 insiders purchased $117.4M • 2048 ETFs increased positions

BK The Bank of New York Mellon Corporation ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D +0.4% 3M +13.2% 1Y +79.3%

2 member(s) purchased N/A • 11 insiders purchased $101.2M • 1852 ETFs increased positions

DIS The Walt Disney Company ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D -0.2% 3M -8.4% 1Y +21.7%

4 member(s) purchased N/A • 29 insiders purchased $89.2M • 2145 ETFs increased positions

LIN Linde plc ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D +1.8% 3M +14.0% 1Y +12.9%

4 member(s) purchased N/A • 10 insiders purchased $76.2M • 742 ETFs increased positions

CVS CVS Health Corporation ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D +2.7% 3M -4.6% 1Y +22.8%

2 member(s) purchased N/A • 26 insiders purchased $71.6M • 1839 ETFs increased positions

😱 VOLATILITY & FEAR

The VIX rose 4.1% week-over-week to 18.92, remaining within the normal range that suggests neither complacency nor elevated concern among equity options traders. Meanwhile, the MOVE index increased 3.3% to 16.42, indicating bond market volatility remains subdued despite the uptick. Both indices moved higher in tandem this week, though neither has reached levels historically associated with significant market stress.

VIX

18.92

4.1% WoW

➡️

Normal

MOVE

16.42

3.3% WoW

➡️

Low

|| Market Sutra ||

"The end of euphoria feels like stability."

— Housing seemed stable in 2006—right before the collapse

📊 MARKET REGIME

Market breadth shows a tech-driven rally with Semiconductors leading at 100% participation and QQQ breadth at 60%, while defensive sectors like Utilities and Consumer Staples lag significantly at 36% and 25% respectively. The notable divergence appears in transports, where IYT breadth of 86% substantially exceeds the broader market indices, suggesting strength beyond just mega-cap technology. Financials and Real Estate showing 88% and 77% participation indicates cyclical sectors are participating in the advance alongside technology leadership.

Sector Strength

🔌 Semiconductors

100.0%

+6.0%

🏦 Financials

88.2%

-0.4%

🏠 Real Estate

77.4%

+0.4%

💻 Technology

74.0%

+2.5%

📡 Communication

69.6%

-1.2%

🧱 Materials

69.2%

+0.1%

🛍️ Consumer Discretionary

68.8%

+0.1%

🏭 Industrials

57.0%

+2.2%

🏥 Healthcare

43.1%

-0.3%

⚡ Utilities

35.5%

-0.6%

⛽ Energy

27.3%

+0.7%

🛒 Consumer Staples

25.0%

+2.5%

📈 INDEX BREADTH

SPY

61.2%

BULLISH

QQQ

60.4%

BULLISH

DIA

53.3%

NEUTRAL

IYT

86.0%

BULLISH

💧 FED LIQUIDITY

Net Liquidity: $6.71 Trillion

↑ $1.7B WoW

As of April 22, Fed net liquidity stands at $6.71 trillion, up $1.7 billion week-over-week, indicating a marginal increase in system-wide dollar availability that historically correlates with supportive conditions for risk assets. The next H.4.1 release drops Thursday, April 30, which will show whether this liquidity expansion continues or reverses.

📅 ECONOMIC CALENDAR Surprise Index: +3.0

Yesterday's data painted a mixed picture as the S&P Global PMIs surged well above expectations with manufacturing jumping to 54.0 versus the 52.5 estimate—the composite's climb to 52.0 from a prior 50.3 signals expansion is accelerating even as the Chicago Fed Activity Index disappointed at -0.2 against expectations of 0.2, marking a sharp reversal from March's 0.03 reading. Today's Michigan Consumer Sentiment plunged to 47.6, matching estimates but representing a brutal drop from last month's 53.3 and marking the lowest reading since June 2022, while traders are now focused on the Michigan inflation expectations data later today which previously sat at 3.8% for the one-year outlook—any uptick could further complicate the Fed's rate path given the conflicting signals between deteriorating consumer confidence and robust PMI expansion. Durable goods orders are also in focus after last month's massive 9.2% headline gain, with the ex-transportation figure previously at just 0.2% likely to reveal whether core business investment is holding up or if March was an aircraft-driven anomaly.

Yesterday — Thursday, April 23

9 events · 3 beats · 1 miss

12:30 Initial Jobless Claims (Apr/18) 214.0K vs 212.0K est

12:30 Chicago Fed National Activity Index (Mar) -0.2 vs 0.2 est

13:45 S&P Global Services PMI (Apr) 51.3 vs 50.0 est

13:45 S&P Global Composite PMI (Apr) 52.0 vs 49.9 est

13:45 S&P Global Manufacturing PMI (Apr) 54.0 vs 52.5 est

Today — Friday, April 24

9 events · 8 upcoming

12:30 Durable Goods Orders MoM (Mar) prev 9.2

12:30 Durable Goods Orders Ex Transp MoM (Mar) prev 0.2

14:00 Inflation Expectations (Apr) prev 3.2%

14:00 Michigan Consumer Sentiment (Apr) 47.6 vs 47.6 est

14:00 Michigan 1 Year Inflation Expectations (Apr) prev 3.8%

19:30 CFTC Gold Speculative net positions prev 162.5K

19:30 CFTC Nasdaq 100 speculative net positions prev 10.8K

19:30 CFTC S&P 500 speculative net positions prev -115.8K

19:30 CFTC Crude Oil speculative net positions prev 206.5K

Tomorrow — Monday, April 27

1 events · 0 high impact

14:30 Dallas Fed Manufacturing Index (Apr) est -0.8 / prev -0.2

🏦 INSTITUTIONAL FLOW

Exchange-traded funds demonstrated divided positioning in mega-cap technology during the recent period, with 3,538 ETFs adding Microsoft exposure, 3,442 adding Meta Platforms, and 3,393 adding Broadcom, while simultaneously 2,246, 2,012, and 2,005 ETFs respectively reduced these same positions. The flow data reveals institutional rebalancing within software, social media, and semiconductor names rather than a clear directional rotation out of the technology sector.

Top Buying

MSFT Microsoft Corporation ⭐

▲ + Buying Rising Stock 5D -1.1% 3M -7.6% 1Y +13.9%

3538 ETFs • 0 shares

META Meta Platforms, Inc. ⭐

▲ + Buying Rising Stock 5D -2.6% 3M +1.8% 1Y +32.0%

3442 ETFs • 0 shares

AVGO Broadcom Inc. ⭐

▲ + Buying Rising Stock 5D +5.4% 3M +29.0% 1Y +148.7%

3393 ETFs • 0 shares

MU Micron Technology, Inc. ⭐

▲ + Buying Rising Stock 5D +5.4% 3M +21.2% 1Y +587.6%

2922 ETFs • 0 shares

INTC Intel Corporation ⭐

▲ + Buying Rising Stock 5D -2.5% 3M +22.9% 1Y +242.3%

2874 ETFs • 0 shares

Top Selling

MSFT Microsoft Corporation ⭐

▲ - Selling Rising Stock 5D -1.1% 3M -7.6% 1Y +13.9%

2246 ETFs • 0 shares

META Meta Platforms, Inc. ⭐

▲ - Selling Rising Stock 5D -2.6% 3M +1.8% 1Y +32.0%

2012 ETFs • 0 shares

AVGO Broadcom Inc. ⭐

▲ - Selling Rising Stock 5D +5.4% 3M +29.0% 1Y +148.7%

2005 ETFs • 0 shares

HD The Home Depot, Inc. ⭐

- Selling Falling Stock 5D +0.9% 3M -10.7% 1Y -2.2%

1663 ETFs • 0 shares

MA Mastercard Incorporated ⭐

▲ - Selling Rising Stock 5D -3.1% 3M -5.7% 1Y -4.5%

1597 ETFs • 0 shares

🏛️ CONGRESSIONAL TRADES

Congressional trading activity shows members purchasing positions in Taiwan Semiconductor Manufacturing (TSM), Marriott International (MAR), and Westinghouse Air Brake Technologies (WAB). Meanwhile, Representatives exited positions in American Water Works (AWK), Verizon (VZ), and Paychex (PAYX), with Rep. Rick Larsen notably both adding to industrial manufacturing exposure while reducing utility and payroll services holdings.

Top Buying

TSM Taiwan Semiconductor Manufacturing Company Limited ⭐ CONGRESS

▲ + Buying Rising Stock 5D +5.2% 3M +16.8% 1Y +154.4%

Rep. Cleo Fields (Cleo Fields) • $1,001 - $15,000

MAR Marriott International, Inc. ⭐ CONGRESS

▲ + Buying Rising Stock 5D +1.6% 3M +14.7% 1Y +68.2%

Rep. W. Gregory Steube (W. Gregory Steube) • $15,001 - $50,000

WAB Westinghouse Air Brake Technologies Corporation ⭐ CONGRESS

▲ + Buying Rising Stock 5D +5.5% 3M +15.5% 1Y +57.5%

Rep. Rick Larsen (Rick Larsen) • $1,001 - $15,000

NEE NextEra Energy, Inc. ⭐ CONGRESS

▲ + Buying Rising Stock 5D +4.8% 3M +13.9% 1Y +47.7%

Rep. Rick Larsen (Rick Larsen) • $1,001 - $15,000

CASY Casey's General Stores, Inc. ⭐ CONGRESS

▲ + Buying Rising Stock 5D +7.1% 3M +27.8% 1Y +72.7%

Rep. Rick Larsen (Rick Larsen) • $1,001 - $15,000

Top Selling

AWK American Water Works Company, Inc. ⭐ CONGRESS

- Selling Falling Stock 5D +3.3% 3M +3.3% 1Y -7.9%

Rep. Rick Larsen (Rick Larsen) • $1,001 - $15,000

VZ Verizon Communications Inc. ⭐ CONGRESS

- Selling Falling Stock 5D +1.0% 3M +19.7% 1Y +13.1%

Rep. Jennifer McClellan (Jennifer McClellan) • $100,001 - $250,000

PAYX Paychex, Inc. ⭐ CONGRESS

- Selling Falling Stock 5D -1.3% 3M -14.3% 1Y -35.0%

Rep. Rick Larsen (Rick Larsen) • $1,001 - $15,000

BR Broadridge Financial Solutions, Inc. ⭐ CONGRESS

- Selling Falling Stock 5D -4.0% 3M -25.7% 1Y -32.9%

Rep. Rick Larsen (Rick Larsen) • $1,001 - $15,000

AXP American Express Company ⭐ CONGRESS

▲ - Selling Rising Stock 5D -2.3% 3M -13.5% 1Y +26.8%

Rep. Rick Larsen (Rick Larsen) • $1,001 - $15,000

👔 INSIDER ACTIVITY

Notable cluster activity this week shows 18 insiders accumulated shares of KLRA while 5 insiders added positions in CGON, contrasting with significant distribution at CRWV where 285 insiders collectively sold $1.4 billion in shares. Large-scale coordinated sales also occurred at DELL with 49 insiders offloading $317.7 million and at SMR where 2 insiders divested $309.9 million in holdings.

Cluster Buying

KLRA Kailera Therapeutics, Inc. ⭐ INSIDER

▲ + Buying Rising Stock

18 insiders • $343.1M

NONE NONE ⭐ INSIDER

▲ + Buying Rising Stock

2 insiders • $61.4M

CGON CG Oncology, Inc. Common stock ⭐ INSIDER

▲ + Buying Rising Stock 5D +5.3% 3M +25.1% 1Y +241.3%

5 insiders • $40.2M

LW Lamb Weston Holdings, Inc. ⭐ INSIDER

▲ + Buying Rising Stock 5D +0.4% 3M +0.4% 1Y -14.7%

6 insiders • $27.4M

PRLD Prelude Therapeutics Incorporated ⭐ INSIDER

▲ + Buying Rising Stock 5D -0.7% 3M +99.1% 1Y +368.7%

6 insiders • $25.0M

Heavy Selling

CRWV CoreWeave, Inc. Class A Common Stock ⭐ INSIDER

▲ - Selling Rising Stock 5D -1.8% 3M +27.9% 1Y +204.9%

285 insiders • $1.4B

DELL Dell Technologies Inc. ⭐ INSIDER

▲ - Selling Rising Stock 5D +10.2% 3M +81.1% 1Y +154.2%

49 insiders • $317.7M

SMR NuScale Power Corporation ⭐ INSIDER

▲ - Selling Rising Stock 5D +11.5% 3M -38.4% 1Y -15.7%

2 insiders • $309.9M

ASX ASE Technology Holding Co., Ltd. ⭐ INSIDER

▲ - Selling Rising Stock 5D +8.0% 3M +56.4% 1Y +274.8%

14 insiders • $287.0M

ASTS AST SpaceMobile, Inc. ⭐ INSIDER

- Selling Falling Stock 5D -13.4% 3M -32.3% 1Y +269.7%

2 insiders • $270.9M

📅 EARNINGS CALENDAR

Earnings season continues with 30 companies reporting today, including SCCO and SLB, which have recently shown institutional accumulation patterns, while PG and HCA have exhibited distribution activity ahead of their results. Yesterday's session saw notable moves in MXL, which surged 46.7%, STM up 19.6%, and VC gaining 18.0%. Tomorrow's calendar expands to 65 reports as the quarterly reporting period intensifies.

📊 Previous Earnings — April 23, 2026

153 reported • ✅ 93 beats • ❌ 25 misses

MXL MaxLinear, Inc. ⭐ BEAT +46.7%

70

▲ + Buying Rising Stock

EPS: $0.22 vs $0.18 est (+22.2%)

Beats 6/12 quarters | Avg +1.5% | 🔥 3Q beat streak

3 insiders sold $746.4K

STM STMicroelectronics N.V. ⭐ MISS +19.6%

70

▲ + Buying Rising Stock

EPS: $0.13 vs $0.19 est (-31.6%)

Beats 7/12 quarters | Avg -1.6% | ⚠️ 2Q miss streak

VC Visteon Corporation ⭐ MISS +18.0%

70

▲ + Buying Rising Stock

EPS: $1.65 vs $1.96 est (-15.8%)

Beats 9/12 quarters | Avg +66.3%

3 insiders sold $4.6M

WST West Pharmaceutical Services, Inc. ⭐ BEAT +14.6%

70

▲ + Buying Rising Stock

EPS: $2.13 vs $1.68 est (+26.8%)

Beats 11/12 quarters | Avg +13.8% | 🔥 7Q beat streak

LMT Lockheed Martin Corporation ⭐ MISS -12.8%

30

+ Buying Falling Stock

EPS: $6.44 vs $6.74 est (-4.5%)

Beats 10/12 quarters | Avg +5.1% | ⚠️ 2Q miss streak

12 insiders sold $6.7K

TAL TAL Education Group ⭐ BEAT -12.4%

70

▲ + Buying Rising Stock

EPS: $0.45 vs $0.14 est (+221.4%)

Beats 7/12 quarters | Avg +18.0% | 🔥 7Q beat streak

STRA Strategic Education, Inc. ⭐ MISS -11.9%

50

+ Buying Falling Stock

EPS: $1.42 vs $1.51 est (-6.0%)

Beats 10/12 quarters | Avg +23.8%

1 insider purchased / 8 insiders sold $4.8M

MBLY Mobileye Global Inc. ⭐ BEAT +11.2%

70

▲ + Buying Rising Stock

EPS: $0.12 vs $0.07 est (+71.4%)

Beats 10/12 quarters | Avg +15.8%

FIX Comfort Systems USA, Inc. ⭐ BEAT +10.5%

70

▲ + Buying Rising Stock

EPS: $10.51 vs $6.81 est (+54.3%)

Beats 11/12 quarters | Avg +22.1%

10 insiders sold $56.8M

GRC The Gorman-Rupp Company ⭐ BEAT +10.1%

70

▲ + Buying Rising Stock

EPS: $0.68 vs $0.49 est (+38.8%)

Beats 8/12 quarters | Avg +12.8% | 🔥 2Q beat streak

🎯 Reporting Today — April 24, 2026

30 reporting • Smart Money:

22 acc •

2 dist •

6 neut

SCCO Southern Copper Corporation ⭐

70

▲ + Buying Rising Stock

Beats 9/12 quarters | Avg +4.4% | 🔥 4Q beat streak

2 insiders sold $3.0M

SLB SLB N.V. ⭐

70

▲ + Buying Rising Stock

Beats 10/12 quarters | Avg +2.2% | 🔥 3Q beat streak

10 insiders sold $11.8M

E Eni S.p.A. ⭐

70

▲ + Buying Rising Stock

Beats 7/12 quarters | Avg +1.8% | 🔥 4Q beat streak

NSC Norfolk Southern Corporation ⭐

70

▲ + Buying Rising Stock

Beats 7/12 quarters | Avg +2.5% | 🔥 2Q beat streak

SHG Shinhan Financial Group Co., Ltd. ⭐

70

▲ + Buying Rising Stock

Beats 10/12 quarters | Avg +15.2%

CHTR Charter Communications, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 6/12 quarters | Avg -1.6%

1 insider purchased $0

NMR Nomura Holdings, Inc. ⭐

70

▲ + Buying Rising Stock

EPS: $0.16 vs $0.21 est

Beats 3/12 quarters | Avg -19.9%

3 insiders purchased $3.9K

WF Woori Financial Group Inc. ⭐

70

▲ + Buying Rising Stock

Beats 7/12 quarters | Avg -2.0%

FLG Flagstar Financial, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 5/12 quarters | Avg +1.9%

GNTX Gentex Corporation ⭐

70

▲ + Buying Rising Stock

Beats 6/12 quarters | Avg +1.5%

9 insiders sold $2.2M

LPL LG Display Co., Ltd. ⭐

70

▲ + Buying Rising Stock

Beats 2/12 quarters | Avg -54336.6% | ⚠️ 8Q miss streak

SXT Sensient Technologies Corporation ⭐

70

▲ + Buying Rising Stock

Beats 6/12 quarters | Avg +1.7%

FHB First Hawaiian, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 8/12 quarters | Avg +3.7% | 🔥 7Q beat streak

4 insiders sold $54.3K

PRK Park National Corporation ⭐

70

▲ + Buying Rising Stock

Beats 10/12 quarters | Avg +8.8% | 🔥 8Q beat streak

WU The Western Union Company ⭐

70

▲ + Buying Rising Stock

Beats 8/12 quarters | Avg +7.2% | 🔥 2Q beat streak

📌 Next Earnings — April 27, 2026

65 reporting • Smart Money:

46 acc •

4 dist •

15 neut

CDNS Cadence Design Systems, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 12/12 quarters | Avg +5.1% | 🔥 12Q beat streak

4 insiders sold $7.5M

PSA Public Storage ⭐

70

▲ + Buying Rising Stock

Beats 9/12 quarters | Avg +2.1% | 🔥 4Q beat streak

2 insiders purchased $235.7M

NUE Nucor Corporation ⭐

70

▲ + Buying Rising Stock

Beats 9/12 quarters | Avg +8.4%

6 insiders sold $6.8M

CLS Celestica Inc. ⭐

70

▲ + Buying Rising Stock

Beats 12/12 quarters | Avg +10.2% | 🔥 12Q beat streak

11 insiders sold $48.7M

CINF Cincinnati Financial Corporation ⭐

70

▲ + Buying Rising Stock

Beats 11/12 quarters | Avg +35.1% | 🔥 5Q beat streak

1 insider purchased $162.6K

AVB AvalonBay Communities, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 9/12 quarters | Avg +7.6% | ⚠️ 2Q miss streak

AMKR Amkor Technology, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 10/12 quarters | Avg +22.7% | 🔥 3Q beat streak

9 insiders sold $973.4M

RMBS Rambus Inc. ⭐

70

▲ + Buying Rising Stock

Beats 6/12 quarters | Avg +0.4%

16 insiders sold $6.7M

PAC Grupo Aeroportuario del Pacífico, S.A.B. de C.V. ⭐

70

▲ + Buying Rising Stock

Beats 6/12 quarters | Avg +0.1%

TFII TFI International Inc. ⭐

70

▲ + Buying Rising Stock

Beats 5/12 quarters | Avg -3.8% | 🔥 3Q beat streak

📝 Today's Summary

Smart money flows reveal divergent positioning across different institutional categories this week. Exchange-traded funds demonstrated split decision-making in mega-cap technology, with 3,538 ETFs adding Microsoft exposure, 3,442 adding Meta Platforms, and 3,393 adding Broadcom, while simultaneously 2,246, 2,012, and 2,005 ETFs respectively reduced these same positions—suggesting institutional rebalancing rather than directional rotation out of technology. Congressional activity shows members purchasing Taiwan Semiconductor Manufacturing (TSM), Marriott International (MAR), and Westinghouse Air Brake Technologies (WAB), while exiting American Water Works (AWK), Verizon (VZ), and Paychex (PAYX), with Rep. Rick Larsen notably adding industrial manufacturing exposure while reducing utility and payroll services holdings. Corporate insiders displayed clustered accumulation with 18 insiders buying shares of KLRA and 5 insiders adding CGON positions, contrasting sharply with massive distribution at CRWV where 285 insiders collectively sold $1.4 billion in shares, DELL where 49 insiders offloaded $317.7 million, and SMR where 2 insiders divested $309.9 million. Market structure reflects a technology-led advance with broadening participation across cyclical sectors, even as volatility measures tick modestly higher. The VIX rose 4.1% week-over-week to 18.92 while the MOVE index increased 3.3% to 16.42, both moving higher in tandem though remaining well below levels associated with significant market stress. Breadth indicators show Semiconductors leading at 100% participation and QQQ at 60%, but the notable development appears in transports where IYT breadth of 86% substantially exceeds broader market indices, suggesting strength beyond mega-cap technology. Financials at 88% participation and Real Estate at 77% indicate cyclical sectors are advancing alongside technology leadership, while defensive areas lag with Utilities at 36% and Consumer Staples at 25%, reflecting a risk-on positioning that contrasts with deteriorating consumer sentiment. Conflicting economic signals are creating an uncertain backdrop as earnings season intensifies with 65 reports scheduled for tomorrow following today's 30 releases including SCCO and SLB. Michigan Consumer Sentiment plunged to 47.6, matching the lowest reading since June 2022 and dropping from last month's 53.3, yet S&P Global PMIs surged with manufacturing jumping to 54.0 versus the 52.5 estimate as the composite climbed to 52.0 from a prior 50.3. This divergence between robust PMI expansion and deteriorating consumer confidence complicates the Federal Reserve's rate path, particularly with Michigan inflation expectations data still pending after the one-year outlook previously sat at 3.8%. The 30 accumulation signals versus zero distribution signals, with META, TTD, and KO topping the list, suggests institutional positioning remains constructive despite mixed macro crosscurrents and the modest uptick in volatility measures.

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