The Edge - InsiderStreet.ai

🔥 PRE MARKET MOVERS

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

📈 Top Gainers by $ Volume

AAPL +3.49% $129M

ANF +1.50% $76M

ROAD +9.36% $46M

ACAD +3.49% $40M

AAMI +3.88% $30M

LINE +0.46% $25M

PHVS +9.40% $24M

TRUP +3.41% $16M

NOK +5.38% $11M

APXT +0.10% $4M

📉 Top Losers by $ Volume

SNDK -2.04% $295M

NVDA -4.36% $126M

MU -2.00% $95M

INTC -1.98% $74M

RBLX -26.31% $45M

CORZW -6.30% $8M

MGTX -1.56% $6M

NIO -2.58% $4M

GMTL -10.76% $3M

MATV -0.69% $2M

🐷 PIG ROAST

QCOM +15.1% Barrons: Beats earnings and suddenly discovers data center customers exist — who knew chips could be used for more than phones?

PWR +15.8% Fool: Crushed earnings expectations while already up 149% this year — apparently there's no ceiling when you're literally building the grid.

VIAV +15.1% Fool: Up 398% in a year, beats earnings again — at this point they're basically printing money faster than the Fed.

TTMI +15.1% Fool: Record quarter sends stock up another 15% after already gaining 675% — AI demand apparently knows no bounds.

FTAI +17.2% Fool: Misses earnings but beats revenue — investors apparently only care about the top line when planes are involved.

CHKP -19.6% Zacks: Beats earnings, misses revenue, tanks 20% — cybersecurity stocks apparently need protection from their own shareholders.

OPCH -24.3% Newsfilecorp: Misses both earnings and revenue while lawyers circle like vultures — healthcare just got a lot more expensive.

CHH -15.6% Zacks: Misses earnings by 28 cents — apparently travelers are choosing literally anywhere else but Choice Hotels.

WAY -15.4% Zacks: Beats both metrics, still crashes 15% — even perfect execution can't save you when you're already down 42%.

💬 Word on the Street

Rep. Robert E. Latta (R-OH) quietly picked up shares of Farmer Mac (FMAO) worth up to $15,000 while 178 insiders at Avis Budget Group (CAR) collectively dumped $1.8 billion in stock—the kind of lopsided action that makes you wonder who knows something the rest of us don't. Meanwhile, Qualcomm (QCOM) is suddenly a data center darling and Viavi Solutions (VIAV) just casually notched a 398% annual gain like it's no big deal, all while smart money recorded a $3.1 billion net outflow and the Fed pulled another $7.5 billion out of the system. 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.

🎯 SMART MONEY CONVERGENCE

📈 Accumulation Detected (10)

META Meta Platforms, Inc. ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D -7.2% 3M -17.1% 1Y +10.6%

13 member(s) purchased N/A • 42 insiders purchased $8377.9M • 3272 ETFs increased positions

EQT EQT Corporation ⭐ CONGRESS INSIDER ETF

+ Buying Falling Stock 5D +1.9% 3M +6.9% 1Y +18.3%

2 member(s) purchased N/A • 24 insiders purchased $346.8M • 1091 ETFs increased positions

TTD The Trade Desk, Inc. ⭐ CONGRESS INSIDER ETF

+ Buying Falling Stock 5D +4.3% 3M -24.5% 1Y -56.9%

3 member(s) purchased N/A • 14 insiders purchased $197.5M • 1196 ETFs increased positions

KO The Coca-Cola Company ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D +3.3% 3M +7.3% 1Y +11.3%

7 member(s) purchased N/A • 11 insiders purchased $137.4M • 2328 ETFs increased positions

EMR Emerson Electric Co. ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D -1.4% 3M -6.5% 1Y +35.4%

1 member(s) purchased N/A • 10 insiders purchased $134.9M • 1671 ETFs increased positions

TXN Texas Instruments Incorporated ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D -0.4% 3M +29.2% 1Y +79.2%

2 member(s) purchased N/A • 23 insiders purchased $118.8M • 2405 ETFs increased positions

LLY Eli Lilly and Company ⭐ CONGRESS INSIDER ETF

+ Buying Falling Stock 5D +1.8% 3M -8.6% 1Y +6.2%

9 member(s) purchased N/A • 50 insiders purchased $104.2M • 2812 ETFs increased positions

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

▲ + Buying Rising Stock 5D -0.3% 3M +10.6% 1Y +69.7%

2 member(s) purchased N/A • 11 insiders purchased $101.2M • 1859 ETFs increased positions

DIS The Walt Disney Company ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D +0.1% 3M -7.0% 1Y +15.1%

4 member(s) purchased N/A • 29 insiders purchased $89.2M • 2121 ETFs increased positions

V Visa Inc. ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D +6.9% 3M -0.3% 1Y -2.8%

12 member(s) purchased N/A • 7 insiders purchased $84.7M • 2572 ETFs increased positions

😱 VOLATILITY & FEAR

The VIX currently sits at 18.81, down 0.6% week-over-week, placing equity market volatility expectations in the normal range after recent declines from more elevated levels. Bond market volatility, as measured by the MOVE index at 15.90, fell 3.2% over the week and remains at historically low levels, suggesting traders are pricing in minimal turbulence in fixed income markets. The divergence shows equity investors maintaining moderate caution while bond market participants have grown notably comfortable with current conditions.

VIX

18.81

-0.6% WoW

➡️

Normal

MOVE

15.90

-3.2% WoW

📉

Low

📊 MARKET REGIME

The market is displaying a technology-led advance with semiconductors showing complete strength alongside real estate and financials in the top tier, while defensive sectors like consumer staples and healthcare are notably lagging. Breadth across major indices remains moderate in the mid-to-high 50% range, though transports are exhibiting a significant divergence with 84% breadth, suggesting broader participation in cyclical areas. This configuration reflects a risk-on environment concentrated in growth and rate-sensitive sectors, though the relatively muted breadth in SPY, QQQ, and DIA indicates the rally lacks widespread conviction across the broader market.

Sector Strength

🔌 Semiconductors

100.0%

+5.2%

🏠 Real Estate

90.3%

+1.0%

🏦 Financials

76.3%

+0.7%

💻 Technology

74.0%

+2.3%

⛽ Energy

63.6%

+4.6%

🏭 Industrials

54.4%

+0.3%

📡 Communication

52.2%

-0.8%

⚡ Utilities

51.6%

+1.6%

🛍️ Consumer Discretionary

50.0%

+0.5%

🧱 Materials

50.0%

-0.7%

🛒 Consumer Staples

38.9%

+1.0%

🏥 Healthcare

27.6%

-0.2%

📈 INDEX BREADTH

SPY

58.1%

NEUTRAL

QQQ

60.4%

BULLISH

DIA

56.7%

NEUTRAL

IYT

83.7%

BULLISH

💧 FED LIQUIDITY

Net Liquidity: $6.70 Trillion

↓ $7.5B WoW

As of April 29, Fed net liquidity stands at $6.70T, down $7.5B week-over-week, indicating a modest contraction in available system liquidity that historically correlates with tighter market conditions. The next H.4.1 release drops Thursday, May 7, which will show whether this drawdown trend continues or reverses.

📅 ECONOMIC CALENDAR Surprise Index: +1.2

Yesterday's data painted a stagflationary picture as Q1 GDP came in at 2.0% versus the 2.2% estimate while the GDP Price Index surged to 4.5% against 3.8% expected—the widest miss on inflation within the growth report since Q2 2022—and employment costs accelerated with benefits jumping 1.2% versus just 0.4% estimated, the largest quarterly gain since Q4 2022. The Federal Reserve's preferred inflation gauge, Core PCE, met expectations at 0.3% monthly but the headline PCE accelerated to 3.5% year-over-year from 2.8%, marking the sharpest monthly jump (0.7%) since August 2023, driven by a robust 0.9% gain in personal spending. Markets are now focused on today's ISM Manufacturing PMI (expected at 53.0) for signs of whether factory activity can sustain momentum amid rising input costs, while tomorrow's Fed Governor Williams speech will be parsed for any shift in tone given the stickier-than-desired inflation backdrop and softening growth trajectory evidenced by the Leading Index's sixth decline in seven months.

Yesterday — Thursday, April 30

16 events · 7 beats · 4 misses

12:30 Core PCE Price Index MoM (Mar) 0.3% vs 0.3% est

12:30 Personal Spending MoM (Mar) 0.9% vs 0.9% est

12:30 PCE Price Index YoY (Mar) 3.5% vs 3.5% est

12:30 PCE Price Index MoM (Mar) 0.7% vs 0.7% est

12:30 Employment Cost - Benefits QoQ (Q1) 1.2% vs 0.4% est

12:30 Employment Cost Index QoQ (Q1) 0.9% vs 0.8% est

12:30 Gross Domestic Product QoQ (Q1) 2.0% vs 2.2% est

12:30 GDP Growth Rate QoQ (Q1) 2.0% vs 2.3% est

12:30 Personal Income MoM (Mar) 0.6% vs 0.3% est

12:30 GDP Price Index QoQ (Q1) 4.5% vs 3.8% est

12:30 Employment Cost - Wages QoQ (Q1) 0.8% vs 0.5% est

12:30 Initial Jobless Claims (Apr/25) 189.0K vs 215.0K est

13:45 Chicago PMI (Apr) 49.2 vs 53.0 est

14:00 Leading Index MoM (Mar) -0.6% vs -0.2% est

14:00 Leading Index MoM (Feb) 0.3% vs -0.2% est

Today — Friday, May 01

7 events · 7 upcoming

14:00 ISM Manufacturing PMI (Apr) est 53.0 / prev 52.7

14:00 ISM Manufacturing Employment (Apr) est 49.0 / prev 48.7

15:30 Atlanta Fed GDPNow (Q2) est 3.7% / prev 3.7%

19:30 CFTC Nasdaq 100 speculative net positions prev 9.4K

19:30 CFTC S&P 500 speculative net positions prev -110.1K

19:30 CFTC Gold Speculative net positions prev 164.0K

19:30 CFTC Crude Oil speculative net positions prev 192.3K

Tomorrow — Monday, May 04

2 events · 0 high impact

14:00 Factory Orders MoM (Mar) est 0.8% / prev 1.2%

16:50 Fed Williams Speech Pending

🏦 INSTITUTIONAL FLOW

Over 3,600 ETFs added positions in Broadcom while 3,300+ added Microsoft and Meta, suggesting institutional flows concentrated in mega-cap technology names despite simultaneous profit-taking by 2,000+ funds in each position. The balanced 10-vs-10 net institutional count indicates active portfolio rebalancing within the technology sector rather than a clear directional shift, with position sizing changes appearing more significant than pure add/remove activity.

Top Buying

AVGO Broadcom Inc. ⭐

▲ + Buying Rising Stock 5D -0.6% 3M +26.2% 1Y +119.2%

3611 ETFs • 0 shares

MSFT Microsoft Corporation ⭐

▲ + Buying Rising Stock 5D -1.9% 3M -5.7% 1Y +4.0%

3391 ETFs • 0 shares

META Meta Platforms, Inc. ⭐

▲ + Buying Rising Stock 5D -7.2% 3M -17.1% 1Y +10.6%

3272 ETFs • 0 shares

MU Micron Technology, Inc. ⭐

▲ + Buying Rising Stock 5D +7.4% 3M +18.7% 1Y +573.7%

3036 ETFs • 0 shares

INTC Intel Corporation ⭐

▲ + Buying Rising Stock 5D +41.5% 3M +94.2% 1Y +364.5%

2867 ETFs • 0 shares

Top Selling

MSFT Microsoft Corporation ⭐

▲ - Selling Rising Stock 5D -1.9% 3M -5.7% 1Y +4.0%

2325 ETFs • 0 shares

AVGO Broadcom Inc. ⭐

▲ - Selling Rising Stock 5D -0.6% 3M +26.2% 1Y +119.2%

2249 ETFs • 0 shares

META Meta Platforms, Inc. ⭐

▲ - Selling Rising Stock 5D -7.2% 3M -17.1% 1Y +10.6%

2096 ETFs • 0 shares

LLY Eli Lilly and Company ⭐

- Selling Falling Stock 5D +1.8% 3M -8.6% 1Y +6.2%

1910 ETFs • 0 shares

V Visa Inc. ⭐

▲ - Selling Rising Stock 5D +6.9% 3M -0.3% 1Y -2.8%

1767 ETFs • 0 shares

🏛️ CONGRESSIONAL TRADES

Rep. Robert E. Latta purchased FMAO across three separate transactions, while selling activity was dispersed among different members. Rep. Rick Larsen reduced positions in both BR and PAYX, making him the most active seller during this period.

Top Buying

FMAO Farmers & Merchants Bancorp, Inc. ⭐ CONGRESS

▲ + Buying Rising Stock 5D +1.0% 3M +2.2% 1Y +9.0%

Rep. Robert E Latta (Robert E Latta) • $1,001 - $15,000

FMAO Farmers & Merchants Bancorp, Inc. ⭐ CONGRESS

▲ + Buying Rising Stock 5D +1.0% 3M +2.2% 1Y +9.0%

Rep. Robert E. Latta (Robert E. Latta) • $1,001 - $15,000

FMAO Farmers & Merchants Bancorp, Inc. ⭐ CONGRESS

▲ + Buying Rising Stock 5D +1.0% 3M +2.2% 1Y +9.0%

Rep. Robert E Latta (Robert E Latta) • $1,001 - $15,000

TSM Taiwan Semiconductor Manufacturing Company Limited ⭐ CONGRESS

▲ + Buying Rising Stock 5D +3.5% 3M +16.6% 1Y +142.6%

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

MAR Marriott International, Inc. ⭐ CONGRESS

▲ + Buying Rising Stock 5D -1.8% 3M +13.3% 1Y +52.0%

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

Top Selling

BR Broadridge Financial Solutions, Inc. ⭐ CONGRESS

- Selling Falling Stock 5D -1.1% 3M -21.3% 1Y -34.9%

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

VZ Verizon Communications Inc. ⭐ CONGRESS

- Selling Falling Stock 5D +1.6% 3M +20.6% 1Y +15.5%

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

PAYX Paychex, Inc. ⭐ CONGRESS

- Selling Falling Stock 5D +1.9% 3M -9.4% 1Y -35.2%

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

HOG Harley-Davidson, Inc. ⭐ CONGRESS

▲ - Selling Rising Stock 5D +2.2% 3M +22.6% 1Y +5.4%

Rep. Tim Moore (Tim Moore) • $50,001 - $100,000

AWK American Water Works Company, Inc. ⭐ CONGRESS

- Selling Falling Stock 5D -4.8% 3M +0.2% 1Y -10.3%

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

👔 INSIDER ACTIVITY

Corporate insiders at EQT Corporation showed coordinated accumulation with 24 individuals purchasing shares, while KLRA and PRLD recorded 5 and 6 insider purchases respectively. On the distribution side, CAR experienced the largest cluster selling activity with 178 insiders offloading $1.8B in stock, followed by CRWV where 334 insiders sold $1.1B in shares.

Cluster Buying

EQT EQT Corporation ⭐ INSIDER

+ Buying Falling Stock 5D +1.9% 3M +6.9% 1Y +18.3%

24 insiders • $346.8M

KLRA Kailera Therapeutics, Inc. ⭐ INSIDER

▲ + Buying Rising Stock 5D -0.3%

5 insiders • $326.8M

PRLD Prelude Therapeutics Incorporated ⭐ INSIDER

▲ + Buying Rising Stock 5D +18.9% 3M +175.3% 1Y +480.5%

6 insiders • $25.0M

ANAB AnaptysBio, Inc. ⭐ INSIDER

▲ + Buying Rising Stock 5D +28.2% 3M +37.4% 1Y +210.3%

32 insiders • $23.0M

MEDP Medpace Holdings, Inc. ⭐ INSIDER

+ Buying Falling Stock 5D +6.4% 3M -29.4% 1Y +36.7%

4 insiders • $20.5M

Heavy Selling

CAR Avis Budget Group, Inc. ⭐ INSIDER

▲ - Selling Rising Stock 5D -21.1% 3M +56.2% 1Y +96.9%

178 insiders • $1.8B

CRWV CoreWeave, Inc. Class A Common Stock ⭐ INSIDER

▲ - Selling Rising Stock 5D -5.0% 3M +12.1% 1Y +160.6%

334 insiders • $1.1B

RDW Redwire Corporation ⭐ INSIDER

▲ - Selling Rising Stock 5D -8.5% 3M -28.3% 1Y -18.2%

4 insiders • $282.1M

ASX ASE Technology Holding Co., Ltd. ⭐ INSIDER

▲ - Selling Rising Stock 5D +5.3% 3M +58.8% 1Y +270.3%

10 insiders • $272.4M

ANET Arista Networks, Inc. ⭐ INSIDER

▲ - Selling Rising Stock 5D +0.1% 3M +16.6% 1Y +114.0%

29 insiders • $131.0M

📅 EARNINGS CALENDAR

Sixty-three companies report earnings today, with institutional accumulation signals present in LIN and IMO ahead of their results, while XOM and CVX show distribution patterns before reporting. Yesterday's session saw significant moves in BAND, which surged 60.4%, and VISN, which gained 37.5%, while OPCH declined 28.8%. Tomorrow's calendar expands to 103 companies reporting results.

📊 Previous Earnings — April 30, 2026

237 reported • ✅ 131 beats • ❌ 70 misses

BAND Bandwidth Inc. ⭐ BEAT +60.4%

70

▲ + Buying Rising Stock

EPS: $0.38 vs $0.32 est (+18.8%)

Beats 9/12 quarters | Avg +28.9%

15 insiders sold $2.6M

VISN Vistance Networks, Inc. ⭐ BEAT +37.5%

30

+ Buying Falling Stock

EPS: $0.34 vs $0.22 est (+54.5%)

Beats 1/2 quarters | Avg -4.2%

OPCH Option Care Health, Inc. ⭐ MISS -28.8%

30

+ Buying Falling Stock

EPS: $0.29 vs $0.37 est (-21.6%)

Beats 9/12 quarters | Avg +19.5%

2 insiders sold $1.2M

GTX Garrett Motion Inc. ⭐ BEAT +24.7%

70

▲ + Buying Rising Stock

EPS: $0.50 vs $0.42 est (+19.0%)

Beats 9/12 quarters | Avg -63.8% | 🔥 6Q beat streak

7 insiders sold $9.7M

NVCR NovoCure Limited ⭐ MISS +20.8%

70

▲ + Buying Rising Stock

EPS: $-0.62 vs $-0.51 est (-21.0%)

Beats 9/12 quarters | Avg +7.0%

14 insiders sold $2.3M

SNDK Sandisk Corporation ⭐ BEAT +17.6%

70

▲ + Buying Rising Stock

EPS: $23.41 vs $14.62 est (+60.1%)

Beats 5/6 quarters | Avg +113.5% | 🔥 5Q beat streak

1 insider sold $2.2M

IDCC InterDigital, Inc. ⭐ MISS -17.5%

70

▲ + Buying Rising Stock

EPS: $2.14 vs $2.54 est (-15.7%)

Beats 10/12 quarters | Avg +135.1%

32 insiders sold $6.7M

TNET TriNet Group, Inc. ⭐ BEAT +17.5%

70

▲ + Buying Rising Stock

EPS: $2.48 vs $1.84 est (+34.8%)

Beats 10/12 quarters | Avg +24.1% | 🔥 6Q beat streak

2 insiders sold $49.1K

CHH Choice Hotels International, Inc. ⭐ MISS -17.4%

70

▲ + Buying Rising Stock

EPS: $1.07 vs $1.35 est (-20.7%)

Beats 7/12 quarters | Avg -2.4%

6 insiders sold $1.0M

W Wayfair Inc. ⭐ MET -16.9%

50

+ Buying Falling Stock

EPS: $0.26 vs $0.26 est

Beats 9/12 quarters | Avg -25.2%

56 insiders sold $55.7M

🎯 Reporting Today — May 01, 2026

63 reporting • Smart Money:

38 acc •

11 dist •

14 neut

LIN Linde plc ⭐

70

▲ + Buying Rising Stock

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

5 insiders sold $10.3M

IMO Imperial Oil Limited ⭐

70

▲ + Buying Rising Stock

Beats 11/12 quarters | Avg +10.1% | 🔥 10Q beat streak

ARES Ares Management Corporation ⭐

70

▲ + Buying Rising Stock

Beats 6/12 quarters | Avg -1.7%

2 insiders purchased / 7 insiders sold $529.0K

BTSGU BrightSpring Health Services, Inc. Tangible Equity Unit ⭐

70

▲ + Buying Rising Stock

Beats 2/9 quarters | Avg -126.5%

PKX POSCO Holdings Inc. ⭐

70

▲ + Buying Rising Stock

Beats 5/12 quarters | Avg -27.5%

NVT nVent Electric plc ⭐

70

▲ + Buying Rising Stock

Beats 8/12 quarters | Avg +2.6% | 🔥 4Q beat streak

6 insiders sold $5.6M

MGA Magna International Inc. ⭐

70

▲ + Buying Rising Stock

Beats 7/12 quarters | Avg +5.0% | 🔥 3Q beat streak

TPG TPG Inc. ⭐

70

▲ + Buying Rising Stock

Beats 9/12 quarters | Avg +13.4%

IESC IES Holdings, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 4/12 quarters | Avg -482.4%

39 insiders sold $10.6M

DINO HF Sinclair Corporation ⭐

70

▲ + Buying Rising Stock

Beats 11/12 quarters | Avg +39.0% | 🔥 4Q beat streak

BEP Brookfield Renewable Partners L.P. ⭐

70

▲ + Buying Rising Stock

Beats 5/12 quarters | Avg -194.6% | 🔥 2Q beat streak

FRT Federal Realty Investment Trust ⭐

70

▲ + Buying Rising Stock

Beats 8/12 quarters | Avg +13.9% | 🔥 4Q beat streak

BTSG BrightSpring Health Services, Inc. Common Stock ⭐

70

▲ + Buying Rising Stock

Beats 5/9 quarters | Avg +6.7%

5 insiders sold $1.6B

HBM Hudbay Minerals Inc. ⭐

70

▲ + Buying Rising Stock

Beats 5/12 quarters | Avg +24.3% | ⚠️ 2Q miss streak

MSGS Madison Square Garden Sports Corp. ⭐

70

▲ + Buying Rising Stock

Beats 7/12 quarters | Avg -1.1%

3 insiders sold $1.8M

📌 Next Earnings — May 04, 2026

103 reporting • Smart Money:

70 acc •

19 dist •

14 neut

FANG Diamondback Energy, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 7/12 quarters | Avg -1.1%

46 insiders sold $2.7B

ON ON Semiconductor Corporation ⭐

70

▲ + Buying Rising Stock

Beats 10/12 quarters | Avg +4.4% | 🔥 2Q beat streak

12 insiders sold $17.8M

CTRA Coterra Energy Inc. ⭐

70

▲ + Buying Rising Stock

Beats 6/12 quarters | Avg +4.3% | ⚠️ 2Q miss streak

FN Fabrinet ⭐

70

▲ + Buying Rising Stock

Beats 12/12 quarters | Avg +4.2% | 🔥 12Q beat streak

4 insiders sold $1.2M

L Loews Corporation ⭐

70

▲ + Buying Rising Stock

Beats 8/12 quarters | Avg +11.6% | 🔥 4Q beat streak

11 insiders sold $22.8M

TSN Tyson Foods, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 9/12 quarters | Avg +12.3%

RBA RB Global, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 12/12 quarters | Avg +15.2% | 🔥 12Q beat streak

1 insider purchased $39.5K

LSCC Lattice Semiconductor Corporation ⭐

70

▲ + Buying Rising Stock

Beats 3/12 quarters | Avg +0.1%

38 insiders sold $11.6M

STRL Sterling Infrastructure, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 12/12 quarters | Avg +18.2% | 🔥 12Q beat streak

8 insiders sold $51.9M

AEIS Advanced Energy Industries, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 11/12 quarters | Avg +10.5% | 🔥 7Q beat streak

29 insiders sold $22.4M

📝 Today's Summary

Smart money flows reveal a notable divergence between accumulation and distribution activity across different market participant groups. Institutions concentrated their positioning in mega-cap technology, with over 3,600 ETFs adding Broadcom while 3,300+ funds increased exposure to Microsoft and Meta, though this was partially offset by simultaneous profit-taking from 2,000+ funds in each name, indicating active rebalancing rather than pure directional conviction. Corporate insiders at EQT Corporation demonstrated coordinated buying with 24 individuals purchasing shares, while KLRA and PRLD recorded 5 and 6 insider purchases respectively, contrasting sharply with mass distribution at CAR where 178 insiders offloaded $1.8 billion in stock and CRWV where 334 insiders sold $1.1 billion in shares. Congressional activity remained relatively light, with Rep. Robert E. Latta purchasing FMAO across three separate transactions while Rep. Rick Larsen reduced positions in both BR and PAYX, emerging as the most active seller during the period. The current market regime reflects a technology-led advance operating within a moderately cautious environment, as evidenced by the VIX sitting at 18.81, down 0.6% week-over-week and firmly in normal territory, while bond market volatility measured by the MOVE index at 15.90 fell 3.2% to historically low levels. Semiconductors are displaying complete strength alongside real estate and financials in the top performance tier, while defensive sectors like consumer staples and healthcare notably lag, characteristic of a risk-on posture concentrated in growth and rate-sensitive areas. However, breadth across SPY, QQQ, and DIA remains moderate in the mid-to-high 50% range, with SPY strength registering 58.1%, suggesting the rally lacks widespread conviction even as transports exhibit 84% breadth, pointing to broader participation in cyclical sectors. The 30 accumulation signals with zero distribution signals, led by META, EQT, and TTD, confirm selective institutional appetite despite the concentrated nature of recent gains. Attention now turns to whether manufacturing data can validate the risk-on positioning amid an increasingly stagflationary backdrop, with today's ISM Manufacturing PMI expected at 53.0 serving as a critical gauge of factory momentum against rising input costs. Yesterday's economic releases presented a troubling combination as Q1 GDP came in at 2.0% versus 2.2% estimated while the GDP Price Index surged to 4.5% against 3.8% expected—the widest inflation miss within a growth report since Q2 2022—and the headline PCE accelerated to 3.5% year-over-year from 2.8%, marking the sharpest monthly jump since August 2023. Tomorrow's speech from Fed Governor Williams will be scrutinized for any shift in tone given the stickier inflation readings and softening growth trajectory, while the expanded earnings calendar featuring 103 companies provides individual catalyst opportunities, particularly in LIN and IMO where institutional accumulation signals precede results, contrasting with distribution patterns ahead of XOM and CVX earnings.

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