From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts

Markets have been able to stage a significant rebound off the lows from last week.

After some massive bullish engulfing candles Friday, the major averages - led by mega-cap growth stocks, have exhibited strong follow-through to start the week.

That changed a little today as markets gave back some gains as the dollar and rates ticked higher.

The bottom line is there is still work to do. While stocks appear to have found a tradable low, that doesn't tell us much about where we go from here.

If the dollar and rates hold current levels, things are likely to remain messy.

However, even under this scenario, we think there will be some big winners as we march forward to the end of the year. And all indications from the market suggest most of those winners will be from the tech and growth space.

Let's outline some of our favorites right here, right now.

From the Desk of Steve Strazza and Alfonso Depablos

Today’s Hot Corner is a short one.

The largest insider buy on today’s list comes in a Form 4 filing by David Naemura, CFO of Neogen Corporation $NEOG.

This is the video recording of the October 11, 2023, Hot Corner Insider Weekly Strategy Session.

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Cormorant Asset Management.

The hedge fund reported a $3.5 million purchase of MoonLake Immunotherapeutics $MLTX stock, increasing its ownership stake to 15.20%.

From the Desk of Steve Strazza and Alfonso Depablos

With investors and executives scrambling to figure out what the geopolitical events of the weekend mean for their portfolios and companies, all was silent on the insider filings front. 

There were no Form 4s, Form 13s, or political reports that meet our materiality  threshold. 

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Broadwood Partners.

The hedge fund reported a purchase of $7.7 million in STAAR Surgical Company $STAA.

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by J. Alexander Douglas Jr,, the CEO of Overstock.com Inc $OSTK.

Douglas revealed the acquisition of 11,265 OSTK shares, equivalent to $498,306.

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Magnolia Capital Fund.

The investment firm revealed the acquisition of 215,565 shares of RE/MAX Holdings $RMAX, equivalent to $2.6 million.

This is the video recording of the October 4, 2023, Hot Corner Insider Weekly Strategy Session.

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Robert E. Cauley, CEO of Orchid Island Capital $ORC.

Cauley reported an ORC purchase in the amount of $235,700.

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by María Asunción Aramburuzabala, director of Coty Inc $COTY.

Aramburuzabala reported a COTY purchase with a total value of $5.4 million.

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Paul Pittman, executive chairman of Farmland Partners Inc $FPI.

Pittman revealed an FPI purchase worth roughly $1 million.