The Edge - InsiderStreet.ai

🔥 PRE MARKET MOVERS

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

📈 Top Gainers by $ Volume

ENB +1.06% $592M

NVDA +1.10% $449M

ODFL +2.88% $416M

INTC +6.65% $335M

RGEN +4.12% $241M

MIRM +0.84% $126M

ABEV +0.96% $109M

GBTG +1.38% $40M

NOK +1.49% $33M

XMAX +2.15% $12M

📉 Top Losers by $ Volume

IP -5.41% $144M

CE -4.72% $128M

SAIC -2.61% $60M

PK -1.35% $45M

GRND -1.79% $18M

POET -2.39% $16M

BUR -1.72% $8M

NIO -3.49% $6M

NEWP -13.88% $4M

EVEX -1.04% $2M

🐷 PIG ROAST

ALAB +13.3% Benzinga: Nothing says bullish insider confidence like dumping $60M worth of shares while retail celebrates optical networking dreams.

CRDO +8.1% Gurufocus: From $210 to $150 in five days, now bouncing back — because nothing screams "Jefferies top pick" like fresh crater marks.

AXTI +6.6% Gurufocus: Up 9,228% in a year but "still overvalued" — when your stock gains have more digits than a phone number, maybe listen.

CLSK +9.3% 247WallSt: While HIVE rockets 34% on AI buzz, CleanSpark "stays quiet" — apparently being the wallflower pays off sometimes.

MXL +8.5% Business Wire: Up 663% in a year and still launching new AI data center toys — some companies just can't stop winning.

APLD -6.4% Benzinga: Down with crypto Monday blues despite being up 436% this year — even rocket ships need rest days apparently.

CHWY -9.1% Seeking Alpha: Down 53% in a year and presenting at fancy conferences — pet parents cutting back while Wall Street still barks orders.

WRBY -11.0% Barrons: Google unveils AI glasses partnership and investors dump shares — apparently the future of eyewear looks blurry from here.

AUR -6.5% Fool: Self-driving dreams meet reality check — up 79% this year but investors suddenly questioning if robots can actually truck.

UEC -9.8% [247WallSt](https://247wallst.com/investing/2026/05/19/oklo-sinks-5-uranium-energy-

💬 Word on the Street

Rep. William R. Keating (D-MA) quietly added JPMorgan Chase & Co. (JPM) while insiders at Janus Henderson Group Plc (JHG) unloaded $641.2 million in stock—and that's just the appetizer before we get to Astera Labs, Inc. (ALAB) insiders dumping $60 million worth of shares while retail traders chase optical networking fever dreams. Smart money moved $5.1 billion toward the exits today against just $932.9 million in purchases, leaving a $4.2 billion net outflow that tells a very different story than the headlines. 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)

IFF International Flavors & Fragrances Inc. ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D -8.3% 3M -13.2% 1Y -5.7%

4 member(s) purchased N/A • 7 insiders purchased $12.2M • 2447 ETFs increased positions

PANW Palo Alto Networks, Inc. ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D +11.4% 3M +57.6% 1Y +24.4%

5 member(s) purchased N/A • 2 insiders purchased $10.0M • 4177 ETFs increased positions

HTGC Hercules Capital, Inc. ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D -1.3% 3M -1.0% 1Y -9.5%

1 member(s) purchased N/A • 22 insiders purchased $2.6M • 37 ETFs increased positions

HBAN Huntington Bancshares Incorporated ⭐ CONGRESS INSIDER ETF

+ Buying Falling Stock 5D -2.4% 3M -13.6% 1Y -1.8%

1 member(s) purchased N/A • 12 insiders purchased $1.3M • 3052 ETFs increased positions

GPN Global Payments Inc. ⭐ CONGRESS INSIDER ETF

+ Buying Falling Stock 5D -1.0% 3M -16.4% 1Y -16.8%

3 member(s) purchased N/A • 3 insiders purchased $1.2M • 2252 ETFs increased positions

CARR Carrier Global Corporation ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D -6.2% 3M -4.5% 1Y -18.2%

3 member(s) purchased N/A • 1 insider purchased $1.0M • 2807 ETFs increased positions

BA The Boeing Company ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D -9.2% 3M -10.0% 1Y +4.5%

4 member(s) purchased N/A • 2 insiders purchased $0.6M • 2571 ETFs increased positions

WAT Waters Corporation ⭐ CONGRESS INSIDER ETF

▲ + Buying Rising Stock 5D -5.4% 3M +1.7% 1Y -7.3%

1 member(s) purchased N/A • 2 insiders purchased $0.5M • 3137 ETFs increased positions

IBM International Business Machines Corporation ⭐ CONGRESS INSIDER ETF

+ Buying Falling Stock 5D +1.4% 3M -14.8% 1Y -15.7%

11 member(s) purchased N/A • 3 insiders purchased $0.4M • 3905 ETFs increased positions

APG APi Group Corporation ⭐ CONGRESS INSIDER ETF

+ Buying Falling Stock 5D -4.7% 3M -6.8% 1Y +34.4%

5 member(s) purchased N/A • 3 insiders purchased $0.3M • 637 ETFs increased positions

😱 VOLATILITY & FEAR

Equity volatility remains in normal territory with the VIX at 17.82, declining 3.0% week-over-week, suggesting relatively calm expectations for stock market movements in the near term. However, bond market volatility tells a different story, with the MOVE index surging 47.1% to 22.20, indicating heightened uncertainty around interest rate movements despite remaining at historically low absolute levels. This divergence between equity and fixed income volatility gauges reflects contrasting investor sentiment across asset classes, with bond traders pricing in more potential turbulence than their equity counterparts.

VIX

17.82

-3.0% WoW

➡️

Normal

MOVE

22.20

47.1% WoW

📈

Low

📊 MARKET REGIME

The market is displaying narrow leadership with semiconductors, real estate, and technology showing the strongest momentum at 96%, 74%, and 73% respectively, while healthcare, consumer discretionary, and utilities lag significantly below 35%. Index breadth remains relatively weak across major benchmarks, with SPY at 45% and DIA at 47%, though QQQ shows marginally better participation at 54% and transports register 60%. This concentration in a handful of sectors alongside modest overall breadth suggests gains are being driven by a limited number of stocks rather than broad market participation.

Sector Strength

🔌 Semiconductors

96.0%

-3.1%

🏠 Real Estate

74.2%

-1.4%

💻 Technology

72.6%

-1.1%

⛽ Energy

71.4%

+6.4%

🏦 Financials

47.4%

-0.9%

🧱 Materials

46.2%

-5.9%

📡 Communication

43.5%

+0.0%

🏭 Industrials

43.0%

-3.2%

🛒 Consumer Staples

41.7%

+2.0%

🏥 Healthcare

32.2%

+1.0%

🛍️ Consumer Discretionary

14.6%

-2.8%

⚡ Utilities

12.9%

-1.9%

📈 INDEX BREADTH

SPY

45.3%

NEUTRAL

QQQ

53.5%

NEUTRAL

DIA

46.7%

NEUTRAL

IYT

59.5%

NEUTRAL

💧 FED LIQUIDITY

Net Liquidity: $6.73 Trillion

↑ $19.0B WoW

As of May 13, Fed net liquidity stands at $6.73 trillion, up $19.0 billion week-over-week, with the next H.4.1 release scheduled for Thursday, May 21. The $19 billion weekly increase in liquidity typically correlates with easier financial conditions, as more liquidity in the system has historically reduced pressure on asset prices and supported risk appetite across equity and credit markets.

📅 ECONOMIC CALENDAR Surprise Index: +1.1

Pending home sales showed unexpected strength in April with year-over-year growth of 3.2% against expectations of a -0.5% decline, marking the first positive annual reading since early 2023 and suggesting mortgage rates in the mid-6% range may finally be bringing buyers off the sidelines. The API reported a larger-than-expected crude draw of 9.1 million barrels versus the 3.4 million estimate, with markets now watching today's official EIA data and FOMC minutes for clues on whether recent inflation stickiness will delay rate cuts—the minutes particularly important given the Fed's ongoing internal debate about how long to maintain restrictive policy. Tomorrow's housing data presents a potential reality check with starts expected to decline 3.5% after April's 10.8% surge, while the Philadelphia Fed manufacturing index is forecast to cool sharply from 26.7 to 18.0, which would still represent solid expansion but suggest some momentum loss in the industrial sector.

Yesterday — Tuesday, May 19

10 events · 2 beats · 1 miss

14:00 Pending Home Sales YoY (Apr) 3.2% vs -0.5% est

14:00 Pending Home Sales MoM (Apr) 1.4% vs 1.0% est

20:55 API Crude Oil Stock Change (May/15) -9.1 vs -3.4 est

Today — Wednesday, May 20

5 events · 5 upcoming

11:00 MBA 30-Year Mortgage Rate (May/15) prev 6.46%

14:15 Fed Barr Speech Pending

14:30 EIA Gasoline Stocks Change (May/15) est -2.1 / prev -4.084

14:30 EIA Crude Oil Stocks Change (May/15) est -2.9 / prev -4.306

18:00 FOMC Minutes Pending

Tomorrow — Thursday, May 21

9 events · 2 high impact

12:30 Philadelphia Fed Manufacturing Index (May) est 18.0 / prev 26.7

12:30 Housing Starts MoM (Apr) est -3.5% / prev 10.8%

12:30 Initial Jobless Claims (May/16) est 210.0K / prev 211.0K

12:30 Building Permits (Apr) est 1.39M / prev 1.363M

12:30 Building Permits MoM (Apr) est 0.5% / prev -11.4%

12:30 Housing Starts (Apr) est 1.41M / prev 1.502M

13:45 S&P Global Manufacturing PMI (May) est 53.8 / prev 54.5

13:45 S&P Global Composite PMI (May) est 51.5 / prev 51.7

13:45 S&P Global Services PMI (May) est 51.1 / prev 51.0

🏦 INSTITUTIONAL FLOW

Institutional flows this period show ETFs gravitating toward cyclical exposure, with semiconductors drawing the heaviest activity as 5,782 funds added Micron and 5,307 added Intel, while industrial names like Caterpillar attracted 4,206 new positions. The bifurcated positioning—with roughly equal numbers of ETFs entering and exiting the same names—suggests active rotation within sectors rather than broad directional conviction, particularly evident in the chip space where MU saw 3,093 funds reduce alongside its buyers.

Top Buying

MU Micron Technology, Inc. ⭐

▲ + Buying Rising Stock 5D -8.8% 3M +66.0% 1Y +614.1%

5782 ETFs • 0 shares

INTC Intel Corporation ⭐

▲ + Buying Rising Stock 5D -8.1% 3M +143.7% 1Y +411.5%

5307 ETFs • 0 shares

CAT Caterpillar Inc. ⭐

▲ + Buying Rising Stock 5D -5.7% 3M +14.4% 1Y +144.9%

4206 ETFs • 0 shares

PANW Palo Alto Networks, Inc. ⭐

▲ + Buying Rising Stock 5D +11.4% 3M +57.6% 1Y +24.4%

4177 ETFs • 0 shares

IBM International Business Machines Corporation ⭐

+ Buying Falling Stock 5D +1.4% 3M -14.8% 1Y -15.7%

3905 ETFs • 0 shares

Top Selling

MU Micron Technology, Inc. ⭐

▲ - Selling Rising Stock 5D -8.8% 3M +66.0% 1Y +614.1%

3093 ETFs • 0 shares

INTC Intel Corporation ⭐

▲ - Selling Rising Stock 5D -8.1% 3M +143.7% 1Y +411.5%

2804 ETFs • 0 shares

PANW Palo Alto Networks, Inc. ⭐

▲ - Selling Rising Stock 5D +11.4% 3M +57.6% 1Y +24.4%

2292 ETFs • 0 shares

CAT Caterpillar Inc. ⭐

▲ - Selling Rising Stock 5D -5.7% 3M +14.4% 1Y +144.9%

2009 ETFs • 0 shares

NOW ServiceNow, Inc. ⭐

- Selling Falling Stock 5D +14.4% 3M -5.6% 1Y -51.1%

2003 ETFs • 0 shares

🏛️ CONGRESSIONAL TRADES

Rep. William R. Keating recently purchased positions in JPMorgan Chase (JPM), Simon Property Group (SPG), and VMware (VMW), while Rep. Dwight Evans sold holdings in American Tower (AMT), Thermo Fisher Scientific (TMO), and Quanta Services (PWR). The trades show one member adding exposure to financial services, commercial real estate, and technology infrastructure, while another reduced positions across cell tower REITs, life sciences equipment, and specialty contractors.

Top Buying

JPM JPMorgan Chase & Co. ⭐ CONGRESS

+ Buying Falling Stock 5D -3.0% 3M -4.2% 1Y +11.7%

Rep. William R. Keating (William R. Keating) • $1,001 - $15,000

SPG Simon Property Group, Inc. ⭐ CONGRESS

▲ + Buying Rising Stock 5D -2.3% 3M +0.7% 1Y +26.3%

Rep. William R. Keating (William R. Keating) • $1,001 - $15,000

VMW VMware, Inc. ⭐ CONGRESS

▲ + Buying Rising Stock 5D -4.8% 3M -13.2% 1Y +19.4%

Rep. William R. Keating (William R. Keating) • $1,001 - $15,000

NOC Northrop Grumman Corporation ⭐ CONGRESS

+ Buying Falling Stock 5D -0.3% 3M -23.0% 1Y +19.1%

Rep. William R. Keating (William R. Keating) • $1,001 - $15,000

SJM The J. M. Smucker Company ⭐ CONGRESS

▲ + Buying Rising Stock 5D +3.8% 3M -4.3% 1Y -7.4%

Sen. Gary Peters (Gary Peters) • $1,001 - $15,000

Top Selling

AMT American Tower Corporation ⭐ CONGRESS

- Selling Falling Stock 5D +2.3% 3M -1.9% 1Y -12.8%

Rep. Dwight Evans (Dwight Evans) • $1,001 - $15,000

TMO Thermo Fisher Scientific Inc. ⭐ CONGRESS

- Selling Falling Stock 5D -2.5% 3M -12.8% 1Y +9.0%

Rep. Dwight Evans (Dwight Evans) • $1,001 - $15,000

PWR Quanta Services, Inc. ⭐ CONGRESS

▲ - Selling Rising Stock 5D -6.7% 3M +37.6% 1Y +107.3%

Rep. Dwight Evans (Dwight Evans) • $1,001 - $15,000

INTC Intel Corporation ⭐ CONGRESS

▲ - Selling Rising Stock 5D -8.1% 3M +143.7% 1Y +411.5%

Rep. Dwight Evans (Dwight Evans) • $1,001 - $15,000

CPB Campbell Soup Company ⭐ CONGRESS

- Selling Falling Stock 5D -0.9% 3M -26.6% 1Y -41.7%

Rep. William R. Keating (William R. Keating) • $15,001 - $50,000

👔 INSIDER ACTIVITY

Republic Services saw coordinated activity with 21 insiders receiving awards, while Nomad Foods had 9 insiders participate in purchases during the period. On the distribution side, Crown Castle recorded the highest individual transaction count with 194 insiders selling positions totaling $574.5M, followed by DigitalOcean where 22 insiders reduced holdings valued at $561.3M.

Cluster Buying

RSG Republic Services, Inc. ⭐ INSIDER

+ Buying Falling Stock 5D +6.2% 3M -0.8% 1Y -12.8%

21 insiders • $202.4M

BXDC Blackstone Digital Infrastructure Trust Inc. ⭐ INSIDER

▲ + Buying Rising Stock

2 insiders • $189.7M

NOMD Nomad Foods Limited ⭐ INSIDER

+ Buying Falling Stock 5D +11.8% 3M -17.9% 1Y -41.8%

9 insiders • $98.9M

ALKT Alkami Technology, Inc. ⭐ INSIDER

▲ + Buying Rising Stock 5D -0.2% 3M -0.2% 1Y -45.7%

8 insiders • $94.0M

BRCB Black Rock Coffee Bar, Inc. Class A Common Stock ⭐ INSIDER

+ Buying Falling Stock 5D -39.1% 3M -49.8%

3 insiders • $73.7M

Heavy Selling

JHG Janus Henderson Group plc ⭐ INSIDER

▲ - Selling Rising Stock 5D +0.2% 3M +5.7% 1Y +36.3%

2 insiders • $641.2M

CRWV CoreWeave, Inc. Class A Common Stock ⭐ INSIDER

▲ - Selling Rising Stock 5D -7.4% 3M +4.6% 1Y +24.3%

194 insiders • $574.5M

DOCN DigitalOcean Holdings, Inc. ⭐ INSIDER

▲ - Selling Rising Stock 5D -3.6% 3M +117.9% 1Y +382.5%

22 insiders • $561.3M

LTH Life Time Group Holdings, Inc. ⭐ INSIDER

▲ - Selling Rising Stock 5D -2.5% 3M +12.3% 1Y +11.1%

11 insiders • $506.3M

SHC Sotera Health Company ⭐ INSIDER

▲ - Selling Rising Stock 5D -2.6% 3M -12.7% 1Y +19.0%

2 insiders • $482.9M

📅 EARNINGS CALENDAR

38 companies report earnings today, with notable accumulation signals appearing in NVDA and ADI ahead of their results. On the distribution side, TJX and LOW face their prints with recent institutional selling activity. Yesterday's session saw CMBT surge 9.6% and RERE gain 8.5%, while AMRZ dropped 7.8%.

📊 Previous Earnings — May 19, 2026

24 reported • ✅ 11 beats • ❌ 2 misses

CMBT Cmb.Tech N.V. ⭐ BEAT +9.6%

70

▲ + Buying Rising Stock

EPS: $1.27 vs $0.39 est (+225.6%)

Beats 8/12 quarters | Avg +147.5%

RERE ATRenew Inc. ⭐ BEAT +8.5%

30

+ Buying Falling Stock

EPS: $0.12 vs $0.07 est (+73.9%)

Beats 6/12 quarters | Avg +4.0% | 🔥 4Q beat streak

AMRZ Amrize Ltd ⭐ MISS -7.8%

30

+ Buying Falling Stock

EPS: $-0.16 vs $-0.12 est (-33.3%)

Beats 1/4 quarters | Avg -17.3% | ⚠️ 2Q miss streak

15 insiders purchased $6.0M

JHX James Hardie Industries plc ⭐ BEAT -7.6%

30

+ Buying Falling Stock

EPS: $0.30 vs $0.29 est (+3.4%)

Beats 9/12 quarters | Avg +1.7% | 🔥 3Q beat streak

TOL Toll Brothers, Inc. ⭐ BEAT -7.6%

30

+ Buying Falling Stock

EPS: $2.72 vs $2.58 est (+5.4%)

Beats 9/12 quarters | Avg +7.3% | 🔥 2Q beat streak

5 insiders sold $12.0M

BILI Bilibili Inc. ⭐ BEAT -6.6%

30

+ Buying Falling Stock

EPS: $0.19 vs $0.17 est (+11.7%)

Beats 9/12 quarters | Avg +10.5% | 🔥 5Q beat streak

HSAI Hesai Group ⭐ BEAT -6.4%

50

+ Buying Falling Stock

EPS: $0.02 vs $0.01 est (+74.7%)

Beats 6/12 quarters | Avg -0.4%

ZTO ZTO Express (Cayman) Inc. ⭐ MISS -5.3%

30

+ Buying Falling Stock

EPS: $0.39 vs $0.45 est (-12.9%)

Beats 7/12 quarters | Avg +1.2%

KEYS Keysight Technologies, Inc. ⭐ BEAT -4.8%

70

▲ + Buying Rising Stock

EPS: $2.87 vs $2.32 est (+23.7%)

Beats 12/12 quarters | Avg +7.5% | 🔥 12Q beat streak

8 insiders sold $11.8M

DRVN Driven Brands Holdings Inc. ⭐ BEAT +3.0%

70

▲ + Buying Rising Stock

EPS: $0.34 vs $0.24 est (+41.7%)

Beats 10/12 quarters | Avg +17.7%

🎯 Reporting Today — May 20, 2026

38 reporting • Smart Money:

19 acc •

9 dist •

10 neut

NVDA NVIDIA Corporation ⭐

70

▲ + Buying Rising Stock

Beats 12/12 quarters | Avg +11.0% | 🔥 12Q beat streak

38 insiders sold $163.7M

ADI Analog Devices, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 10/12 quarters | Avg +3.9% | 🔥 9Q beat streak

16 insiders sold $14.6M

ROIV Roivant Sciences Ltd. ⭐

70

▲ + Buying Rising Stock

Beats 10/12 quarters | Avg +14.9% | 🔥 5Q beat streak

9 insiders sold $105.6M

OXLCP Oxford Lane Capital Corp. ⭐

70

▲ + Buying Rising Stock

Beats 2/8 quarters | Avg -62.7% | ⚠️ 3Q miss streak

OXLCN Oxford Lane Capital Corp. ⭐

70

▲ + Buying Rising Stock

Beats 2/8 quarters | Avg -62.7% | ⚠️ 3Q miss streak

ICLR ICON Public Limited Company ⭐

70

▲ + Buying Rising Stock

Beats 10/12 quarters | Avg -0.1% | 🔥 4Q beat streak

OXLCG Oxford Lane Capital Corp. 7.95% Notes due 2032 ⭐

70

▲ + Buying Rising Stock

ENS EnerSys ⭐

70

▲ + Buying Rising Stock

Beats 12/12 quarters | Avg +8.6% | 🔥 12Q beat streak

BZ Kanzhun Limited ⭐

70

▲ + Buying Rising Stock

Beats 9/12 quarters | Avg +7.5%

7 insiders sold $1.0M

GLNG Golar LNG Limited ⭐

70

▲ + Buying Rising Stock

Beats 6/12 quarters | Avg +12.1% | ⚠️ 3Q miss streak

ATH-PA Athene Holding Ltd. ⭐

70

▲ + Buying Rising Stock

Beats 1/1 quarters | Avg +11.7%

CRVL CorVel Corporation ⭐

70

▲ + Buying Rising Stock

Beats 4/12 quarters | Avg +0.8%

2 insiders sold $562.3K

SBLK Star Bulk Carriers Corp. ⭐

70

▲ + Buying Rising Stock

Beats 7/12 quarters | Avg +28.2%

5 insiders sold $1.3M

CDLR Cadeler A/S ⭐

70

▲ + Buying Rising Stock

Beats 5/9 quarters | Avg -11.4%

OXLCO Oxford Lane Capital Corp. ⭐

70

▲ + Buying Rising Stock

Beats 2/8 quarters | Avg -62.7% | ⚠️ 3Q miss streak

📌 Next Earnings — May 21, 2026

47 reporting • Smart Money:

22 acc •

15 dist •

10 neut

WMT Walmart Inc. ⭐

70

▲ + Buying Rising Stock

Beats 10/12 quarters | Avg +5.3% | 🔥 2Q beat streak

35 insiders sold $1.3B

MUFG Mitsubishi UFJ Financial Group, Inc. ⭐

70

▲ + Buying Rising Stock

EPS: $0.33 vs $0.29 est

Beats 12/12 quarters | Avg +93.2% | 🔥 12Q beat streak

TTWO Take-Two Interactive Software, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 9/12 quarters | Avg +75.8% | 🔥 3Q beat streak

12 insiders sold $15.1M

ZM Zoom Communications, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 11/12 quarters | Avg +12.7%

47 insiders sold $13.7M

BEKE KE Holdings Inc. ⭐

70

▲ + Buying Rising Stock

Beats 7/12 quarters | Avg +20.0%

YMM Full Truck Alliance Co. Ltd. ⭐

70

▲ + Buying Rising Stock

Beats 8/12 quarters | Avg +15.2%

STEP StepStone Group Inc. ⭐

70

▲ + Buying Rising Stock

Beats 6/12 quarters | Avg -6.7% | 🔥 2Q beat streak

3 insiders purchased $565.8K

MRX Marex Group plc Ordinary Shares ⭐

70

▲ + Buying Rising Stock

Beats 6/6 quarters | Avg +7.0% | 🔥 6Q beat streak

13 insiders sold $4.4M

BTDR Bitdeer Technologies Group ⭐

70

▲ + Buying Rising Stock

Beats 3/11 quarters | Avg +54.1% | ⚠️ 4Q miss streak

RAMP LiveRamp Holdings, Inc. ⭐

70

▲ + Buying Rising Stock

Beats 12/12 quarters | Avg +17.8% | 🔥 12Q beat streak

1 insider sold $169.9K

📝 Today's Summary

Smart money flows reveal divergent positioning across different participant groups as institutional activity concentrates in cyclical sectors while corporate insiders execute significant distributions. On the institutional side, semiconductor exposure dominated ETF flows with 5,782 funds adding Micron and 5,307 adding Intel, though the simultaneous exit of 3,093 funds from Micron suggests active rotation rather than conviction. Caterpillar attracted 4,206 new institutional positions as funds positioned in industrials. Congressional activity showed Rep. William R. Keating establishing positions in JPMorgan Chase (JPM), Simon Property Group (SPG), and VMware (VMW), adding exposure to financials, commercial real estate, and technology infrastructure, while Rep. Dwight Evans reduced holdings in American Tower (AMT), Thermo Fisher Scientific (TMO), and Quanta Services (PWR). The insider landscape tilted heavily toward distribution, with Crown Castle recording 194 insiders selling positions totaling $574.5 million and DigitalOcean seeing 22 insiders reduce holdings valued at $561.3 million, though Republic Services saw coordinated activity with 21 insiders receiving awards and Nomad Foods had 9 insiders participating in purchases. Market structure reveals a narrow leadership dynamic with semiconductors, real estate, and technology displaying momentum readings of 96%, 74%, and 73% respectively, while healthcare, consumer discretionary, and utilities lag significantly below 35%. Index breadth remains relatively weak with SPY at 45% and DIA at 47%, though QQQ shows marginally better participation at 54%, suggesting gains are being driven by a limited number of stocks rather than broad market participation. The volatility landscape presents a notable divergence between asset classes, with the VIX declining 3.0% to 17.82 and signaling relatively calm expectations for equity movements, while the MOVE index surged 47.1% to 22.20, indicating heightened uncertainty around interest rate movements despite remaining at historically low absolute levels. This contrasting sentiment reflects bond traders pricing in more potential turbulence than their equity counterparts as markets digest persistent inflation readings and debate the Fed's restrictive policy timeline. Today's catalysts center on 38 earnings reports with notable accumulation signals appearing in NVDA and ADI ahead of their results, while TJX and LOW face their prints following recent institutional selling activity. The economic calendar brings the official EIA petroleum data after the API reported a larger-than-expected crude draw of 9.1 million barrels versus the 3.4 million estimate, alongside FOMC minutes that will be scrutinized for clues on how long the Fed intends to maintain restrictive policy given recent inflation stickiness. Pending home sales provided an upside surprise with 3.2% year-over-year growth against expectations of a -0.5% decline, marking the first positive annual reading since early 2023 and suggesting mortgage rates in the mid-6% range may be bringing buyers back to the market. Tomorrow's housing starts data presents a potential reality check with a 3.5% decline expected after April's 10.8% surge, while the Philadelphia Fed manufacturing index is forecast to cool from

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