The largest insider transaction on today’s list is a Form 4 filing by Coliseum Capital Management LLC.

The hedge fund reported a purchase worth roughly $3.4 million in ModivCare $MODV.

From the Desk of Kimmy Sokoloff

We saw a nice late-day rally in the market on Friday.

We're still in the chop zone, and we literally have about 14 Fed speakers this week...

From the Desk of Kimmy Sokoloff

Happy Mother's Day!

$SPY was unable to hold on to the 412 area. We drifted lower all morning. 

The largest insider transaction on today’s Hot List is a Form 4 filing by the co-founder of Coinbase $COIN, Fred Ehrsam.

Ehrsam revealed the purchase of 810,000 shares of COIN, equivalent to $50 million.

From the Desk of Kimmy Sokoloff

This sideways action in the market is tiring.

We do find setups, but I haven't been enthused with most of them.

From the Desk of Kimmy Sokoloff

It was Chop City for the market today.

It will likely pick a direction soon. 

Small-cap stocks are back down to where they bottomed out last summer.

Can they do it again?

I believe they can, and that's the...

The largest insider transaction on today’s Hot List is a Form 4 filing by Pulse Biosciences $PLSE director Robert W. Duggan.

Duggan reported a purchase worth roughly $65 million in PLSE.

From the Desk of Kimmy Sokoloff

It's just like Tuesday...

With PPI coming up at 8:30 a.m. ET, I'm going to hold off on sharing ideas until I see how the market reacts.

From the Desk of Kimmy Sokoloff

What a day...

$SPY came close to the 415 level I mentioned this morning and then traded below 410.

...

The largest insider transaction on today’s Hot List is a Form 4 filing by Enviva Inc $EVA director John Bumgarner Jr.

Bumgarner reported a purchase worth roughly $1.8 million in EVA.

From the Desk of Kimmy Sokoloff

CPI data for April will be released at 8:30 a.m. ET.

I'll hold off on ideas until I see how the market reacts.

From the Desk of Kimmy Sokoloff

The market was in a standstill today, awaiting the CPI print on Wednesday.

The indices held on.

Tomorrow might give a...

The weakness in Small-caps has been well documented by now.

Look at the performance since the beginning of 2022.

While the Dow, S...

The largest insider transaction on today’s list comes in a Form 4 filing by Ares Management.

The firm revealed a $7.5 million purchase in Frontier Communications Parent $FYBR.

From the Desk of Kimmy Sokoloff

$QQQ hit a fresh high yesterday, and this morning we're pulling back.

We could be in a standstill until tomorrow's CPI data. 

From the Desk of Kimmy Sokoloff

It was a real tug of war today for the indices.

$AMD really pushed through, moving more than 5%.