Today’s Hot Corner list is a short one.

EcoR1 Capital Fund filed a 13G for Apellis Pharmaceuticals Inc $APLS revealing an initial stake of 5.40%.

From the Desk of Kimmy Sokoloff

All the indices have been on fire.

Earnings are coming up.

We'll see if the bar is low for them and they jump that hurdle or not.

From the Desk of Kimmy Sokoloff

Up and away we go, with new highs all around.

As the saying goes, we're overbought, but we can stay this way for some time...

Today’s Hot Corner list is a short one.

Director John D. Harkey, Jr. revealed a purchase of 100,000 shares, equivalent to $852,000, in Lions Gate Entertainment Corp $LGF.B.

From the Desk of Kimmy Sokoloff

It's another new day, and maybe more new highs.

It's getting harder to find longs.

We do get opportunities, but it's more difficult with things stretched like this.

From the Desk of Kimmy Sokoloff

It was kind of a range-bound day, though some names had nice movement.

$IWM and $QQQ led...

Today’s Hot Corner list is a short one.

The CEO of Calavo Growers $CVGW reported a purchase of 75,000 shares, equivalent to $2,275,500.

From the Desk of Kimmy Sokoloff

We saw decent reversals in a lot of names on Friday. I would think it was warranted, as a lot of names are extended.

I'll watch $SPY to see if it stays below the 449.60 level...

From the Desk of Kimmy Sokoloff

That was a nice pop for the market this morning, and then a quick fade up until lunch time.

Consolidation would be healthy...

Today’s Hot Corner list is a short one.

Mubadala Investment Company, a sovereign wealth fund of the United Arab Emirates, filed a 13D for NextDecade Corporation $NEXT revealing an initial stake of 9.00%.

From the Desk of Kimmy Sokoloff

We had a few banks report earnings this morning, and they're all ticking higher.

The S&P 500 did touch the 4,500 zone yesterday.

I think a cool-off would be warranted soon.

From the Desk of Kimmy Sokoloff

This market is on a tear and making new highs.

$SPX hit 4,500, a new milestone.

We're extended, but...

Today’s Hot Corner list is a short one.

KGH Ltd filed a 13G for Diamond Offshore Drilling Inc $DO revealing an increase in its ownership stake from 7.15% to 7.50%.

From the Desk of Kimmy Sokoloff

We have PPI coming out this morning at 8:30 a.m. ET and a few Fed speakers on the schedule as well.

It looks like $SPY will probably touch 450.

Today, like yesterday, I'...

From the Desk of Kimmy Sokoloff

CPI data for June came out this morning, and the market liked the news.

The indices are flying high.