The largest insider transaction on today's list was reported in a Form 4 filing by Matthew Jacobson, an independent director of Datadog $DDOG.

Jacobson reported a substantial purchase worth roughly $50 million.

From the Desk of Kimmy Sokoloff

CPI data for September was released on October 13 -- the turning point for the market. We trended higher the rest of the month after that news.

Will today's release of CPI data for October (8:30 a.m. ET) be a turning point where we trend lower? Do we bounce, even temporarily? It's anybody's guess.

Welcome to the 2 to 100 Club.

We use various bottom-up tools and scans internally to complement our top-down approach. 

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 are only interested in the strongest growth industries in the market, as that is typically where these potential 50-baggers come from.

From the Desk of Kimmy Sokoloff

It was a rough one for the market today.

Tomorrow's release of CPI data for October (8:30 a.m. ET) is dragging on things.

This is the video recording of our November 9, 2022, Inside Scoop Weekly Strategy Session.

The largest insider transaction on today's list is a Form 4 filing by Alphabet Inc.

The tech giant reported a $17 million purchase in GitLab $GTLB.

From the Desk of Kimmy Sokoloff

The futures were not that volatile overnight.

Election night is over, but I we are still waiting for some results.

We called it the trade of a generation.

And it's worked great for us.

Now we have a similar setup and I think it can work out just as well.

From the Desk of Kimmy Sokoloff

I mentioned yesterday that we'd see volatility over the next few days, and the market delivered just that today.

After 1:00 p.m. ET the market took a nosedive. Then it started to level off and even rallied into the close.

Deerfield Asset Management continues to make splashes in the biotech space.

Its latest filing disclosed a whopping $21.7 million purchase in Nuvalent $NUVL.

From the Desk of Kimmy Sokoloff

Election Day is here, and the market has had a nice rebound off of last week's lows.

We have support on the $SPX at 3,800, and resistance is now at 3,824, then 3,843. $SPY support is at 378.20, then 376.55. Resistance is at 383.29.

Last night's Live Conference Call went great.

We had a lot to discuss as more and more stocks keep making new highs and fewer and fewer stocks are making new lows.

This transition first got going back in June.

But now things are really picking up.