Today's most significant insider transaction report is a Form 4 filing by Ares Management, which revealed a purchase of roughly $26.4 million in Frontier Communications Parent $FYBR.

The hedge fund now owns 36 million shares, which represents an ownership stake of 14.3%.

From the Desk of Kimmy Sokoloff

We're seeing another gap up in the indices today.

I said on Monday that we could see window-dressing before quarter's end, and that's exactly what's going on.

From the desk of Steve Strazza @Sstrazza

Welcome to the 2 to 100 Club.

As many of you know, something we've been working on internally is using various bottom-up tools and scans to complement our top-down approach. It's really been working for us!

One way we're doing this is by identifying the strongest growth stocks as they climb the market-cap ladder from small- to mid- to large- and, ultimately, to mega-cap status (over $200B).

Once they graduate from small-cap to mid-cap status (over $2B), they come on our radar. Likewise, when they surpass the roughly $30B mark, they roll off our list.

But the scan doesn't just end there.

We only want to look at the strongest growth industries in the market, as that is typically where these potential 50-baggers come from.

From the Desk of Kimmy Sokoloff

The market is trying to push past the 4,000 level on the $SPX.

If we can manage to hold, there's potential up to 4,039, then 4,050.

You're seeing the permabears pointing to the Equally-weighted S&P500 falling down towards new 52-week lows relative to the Market-cap weighted version.

You can see what's happening here:

Today’s most significant insider transaction report is another Form 4 filing by Warren Buffett’s Berkshire Hathaway $BRK.A for Occidental Petroleum $OXY.

On Monday, Buffett disclosed an additional purchase of OXY shares worth roughly $216 million.

From the Desk of Kimmy Sokoloff

We're seeing a decent-sized gap up this morning.

Now we have to see if the indices hold on to the gap or back and fill.

This is the video recording of the March 29, 2023, Inside Scoop Weekly Strategy Session.

From the Desk of Kimmy Sokoloff

The market isn't mustering up the power to trend higher just yet.

I'd like $SPY to hold 392 and hopefully break above 400 in time.

The most significant insider transaction on today’s list comes in a Form 4 filed by RA Capital Management.

The hedge fund revealed a purchase of roughly $13.4 million of Dice Therapeutics $DICE, increasing its ownership stake to 14.3%.

From the Desk of Kimmy Sokoloff

In this market, we need to be on our toes.

In a bull market, I wouldn't have protection on.

But in this market, it's wise to do so.

From the desk of Steve Strazza @Sstrazza

Welcome to our latest Minor Leaguers report.

We've had some great trades come out of this small-cap-focused column since we launched it back in 2020 and started rotating it with our flagship bottom-up scan, Under the Hood.

For the first year or so, we focused only on Russell 2000 stocks with a market cap between $1 and $2B.

That was fun, but we wanted to branch out a bit and allow some new stocks to find their way onto our list.

We expanded our universe to include some mid-caps.

To make the cut for our Minor Leaguers list, a company must have a market cap between $1 and $4B.