The most significant insider transaction on today’s Hot List is a Form 4 filing by Coliseum Capital Partners.

The hedge fund reported a purchase of roughly $26 million in Purple Innovation $PRPL, increasing its ownership stake to 51.20%.

From the Desk of Kimmy Sokoloff

We saw a lot of volatility yesterday.

And the indices managed to hang on to their eight-day moving averages. 

From the Desk of Kimmy Sokoloff

The January CPI data came in a bit warmer than expected, and the market went every which way.

We also had a few Fed speakers...

From the Desk of Kimmy Sokoloff

Happy Valentine's Day!

We have the CPI print at 8:30 a.m. ET, and the futures are full speed ahead as I write this.

The largest insider buy on today’s list comes in a Form 4 filing by Longitude Capital’s Juliet Tammenoms Bakker.

Tammenoms-Bakker reported a purchase of $6 million in RxSight, Inc $RXST, where she serves as a director.

From the Desk of Kimmy Sokoloff

$SPY broke above its eight-day moving average and trended higher pretty much all day.

It feels like the...

Cathie Wood’s ARK Investment Management is on our list today, as it just filed amended 13Gs for Roku Inc $ROKU and Cerus Corporation $CERS.

The asset manager reported a small increase in its ownership of ROKU, from 9.94% to 10.12%.

For...

From the Desk of Kimmy Sokoloff

For today, we'll watch to see how $SPY handles the eight-day moving average 409.

I think tomorrow's CPI print will set the stage for the remainder of the month.

Did you see what the haters over at The Economist published last week?

Most of you have been around for a while so you already know.

Remember last year when everyone was bearish?

And I mean everyone!

It was funny, there I was telling people it was a new bull...

From the Desk of Kimmy Sokoloff

The market was range-bound today. $SPY traded between 405 and 408.

We have CPI on Tuesday, so that will help...

The largest insider buy on today’s list comes in a Form 4 filing by Bryant R. Riley, the chairman and CEO of B. Riley Financial $RILY.

Riley reported a purchase of $5.4 million worth of RILY stock.

From the Desk of Kimmy Sokoloff

I'll say this again, as I say it in the live trading room often: In a great bull market, you don't see this level of volatility.

This is not to say we can’t come out of this chop and slop. But,...

From the Desk of Kimmy Sokoloff

It was a wild day, once again.

I thought we were going to have movement higher if we were able to break above $SPY...

The largest insider buy on today’s list is a Form 4 filing by Charles Magro, the CEO of chemical and seed company Corteva $CTVA.

Magro reported a purchase of 40,000 shares, equivalent to $2.4 million.

From the Desk of Kimmy Sokoloff

The whipsaws that have been occurring in this market this past year are extreme. One day down, the next back up.

This morning, futures are higher. It's basically negated yesterday's down move...