Market
S&P 500
2nd down day
-1.0% yesterday
-1.5% streak
Nasdaq
3rd down day
-1.5% yesterday
-3.4% streak
HY Spread
271 bps
—
IG 78 bps ↓1
Wk 30
— /ES up 15/25 past yrs
avg +0.35%
“Just ride runner, summer trading is 90-95% riding runners, then 5% of the time we get a vol spike which produces a Failed Breakdown and gets us long for the next 1-3 days. Rinse and repeat.” — Adam Mancini (@AdamMancini4)
Insider Buying
NTSK
2 insiders — $7.5M combined
IPX
2 insiders — $2.4M combined
ELV
2 insiders — $1.4M combined
Filings
NWS
8-K 8.01: Material Event / Announcement
NWSA
8-K 8.01: Material Event / Announcement
NWSLL
8-K 8.01: Material Event / Announcement
DYN
8-K 8.01: Material Event / Announcement
LXP
8-K 1.01: Merger Agreement
LCII
8-K 5.02: Executive Change