The week opens with a packed calendar. Simon Property Group kicks off Monday, with investors watching retail real estate demand closely. Super Micro Computer reports Q4 2026 on Tuesday. SMCI carries a short score of 64 and bearish options flow is building ahead of results. Wednesday brings the biggest test: Cisco Systems reports after the bell. Networking and AI infrastructure guidance will drive the reaction. Applied Materials — up 110% year-to-date — also faces options traders who are on edge heading into its results.
Bears are active. SPCX, the listed SpaceX entity, saw short interest jump 3.6 points to 36.4% of free float in a week. MGM Resorts drew fresh shorts too, with SI % FF rising 2 points to 13%. Chewy remains the most extreme consumer short at a striking 102% of free float.
Selling dominated insider filings this week. NEXT plc CEO Simon Wolfson filed sales of $31.7M. Three Life Time Fitness executives — including founder CEO Bahram Akradi — collectively sold $24.5M on the same day. Charles Schwab founder Charles R. Schwab filed $30.3M in sales across four transactions.
Wall Street lifted targets on AbbVie, Williams Companies, and Arthur J. Gallagher. On the macro front, the FT flagged a major currency intervention story: the US quietly sold euros to support the yen, blindsiding the ECB. Oil markets face a refining crunch even as crude retreats. Both themes could ripple into energy and consumer stocks this week.
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.
