Skip to main content

Recent Articles

Hot Corner Insider

Busy Market, Active Politicians

April 22, 2025

Capitol Hill’s trading desk has been busy.

With the market moving and disclosure deadlines hitting, we’re seeing a wave of fresh filings — and some of them are worth paying attention to.

Let’s get into them.

Rep. Ashley Moody of Florida bought $100,000 to $250,000 worth of Nvidia Corp $NVDA and Super Micro Computer $SMCI.

Here’s The Hot Corner, with data from April 21, 2025:

 

Click the table to enlarge it.

Meanwhile, Sen. Michael McCaul of Texas spread his bets across a handful of notable names.

Some of the standouts include:

  • Netflix $NFLX ($15,001 - $50,000);
  • Broadcom $AVGO ($15,001 - $50,000);
  • Lennar Corp $LEN ($15,001 - $50,000);
  • Estee Lauder Cos $EL ($15,001 - $50,000); and
  • Microsoft Corporation $MSFT ($15,001 - $50,000).

Last but not least, Victory Capital Management filed a 13G for Knight-Swift Transportation Holdings $KNX, disclosing a fresh 5.12% passive stake.

Alfonso’s Daily Note

Financials Fail at Resistance

April 21, 2025

Sign up for my free note here.

US equities remain under pressure as the major indexes break below key VWAPs anchored to their lows.

Meanwhile, critical polarity levels are serving as stiff resistance across key sectors and industry groups, capping last week’s bounce.

Whether it’s Semiconductors, Financials, or Software, buyers continue to struggle in reclaiming the broken support levels from earlier this month.

The SPDR Financial Sector $XLF is a textbook example of this theme. 

 

After briefly pushing back above the neckline of this top, XLF is now getting rejected right around 48.

That means an increasing supply is overwhelming the buyers near those prices.

Sellers are defending critical levels with...

Hot Corner Insider

Director Hess Buys 3,904 Goldman Sachs Shares

April 21, 2025

The most notable insider buy today comes from John Hess, director at Goldman Sachs $GS. 

Hess, the CEO of Hess Corp, just filed his first Form 4 since joining Goldman’s board last June.

Goldman gives directors seven years to hit the 5,000-share mark. But Hess isn’t waiting, scooping up 3,904 shares right away.

Here’s The Hot Corner, with data from April 17, 2025:

 

Click the table to enlarge it.

Meanwhile, value legend Mario Gabelli just made a move in Standard Motor Products $SMP.

GAMCO Investors filed a 13D boosting its stake from 3.30% to 6.24%.

Finally, Rep. Bruce Westerman of Arkansas continues to build exposure in tech leaders, reporting purchases in the following names:

  • Alphabet $GOOGL;
  • Amazon $AMZN...