The week's biggest story is a packed earnings calendar. BAC kicks things off Monday before the open. BNY follows Tuesday. Wednesday is the main event — NFLX reports Q2 after the bell alongside UNH and ISRG. Short interest in NFLX sits at just 2.4% of free float. Bears have little conviction going in. Options markets are on high alert for any guidance miss that shifts sentiment fast.
Short sellers are active this week. CHRN saw SI jump 12 points to 45.8% of free float. Borrow costs are 61.9% APR. Availability has collapsed to just 7.6%. CRWV drew fresh attention too — SI climbed nearly 5 points to 33.1%. remains extreme with short interest above 103% of float and zero availability.
Filings disclosed this week show heavy selling. Silver Lake, a 10% owner of DELL, sold $71.8M in shares on July 6. RH CEO Gary Friedman filed $20.7M in sales. Carlos Slim Helu reported $58.7M in PBF disposals.
Analysts lifted targets on energy midstream names. TRGP consensus target rose to $288.05. MPC target moved to $275.65. Consumer names face headwinds — CMG and HAS both saw targets trimmed.
European markets remain unsettled. Defense stocks rallied after Ukraine ratified a $105 billion EU loan deal. Nordea Bank reports half-year results Wednesday alongside Swedish names AAK and Nobia on Thursday.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
