Semiconductors are the clearest consensus trade right now. Analysts lifted targets on both AMD and Intel over the weekend. AMD carries zero Sell ratings among 35 analysts — an unusually clean slate. Options traders agree. ORTEX data shows NVIDIA, AMD, and Micron topping the leaderboard for bullish options flow over the past seven days. The sector has become a magnet for both analyst upgrades and speculative capital.
Over 1,800 companies report globally this week. Monday kicks off with Loews and its subsidiary CNA Financial — a back-to-back read on the insurance sector. Corebridge Financial reports after the close. The week builds from there, with financials, industrials, and healthcare all in focus through Friday.
Bears are covering across multiple names. Avis Budget Group saw short interest collapse 24 percentage points in a week — down to 44.3% of free float. Pinterest also saw significant covering, with SI dropping from 20.6% to 14.8%. At the same time, Figma is drawing fresh shorts. SI rose 6 points to 24.9% — bears are already testing the newly public design firm.
Three insiders at Charter Communications — including CEO Christopher Winfrey — filed purchases on the same day. That kind of coordinated buying is rare. On the other side, United Rentals CEO Matthew Flannery filed $22.4M in sales after the stock bounced from April lows. Mueller Industries CEO Gregory Christopher also sold $14.2M worth of shares last week.
The earnings wave ahead will test whether the bullish chip trade and insider buying signals hold up under scrutiny.
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.
