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Volatility is still running hot, and wild swings in both directions are probably here to stay for longer.

Even though I think the worst is behind us, things still look soft.

There’s little to suggest this choppy, risk-off environment is fading just yet.

One thing that’s helped me big time this year is tracking risk appetite through key ratios.

These relationships show us how money is rotating and where investors are actually putting capital...

Thanks to everyone who joined us for today's Hot Corner Insider Weekly Strategy Session.

The most significant purchase in today’s list comes from Construction Partners $ROAD, where President and CEO Jule Smith stepped in with a $1.37 million Form 4 buy. 

When the top executive puts this much skin in the game, it’s always worth watching.

Dimensional Fund Advisors LP filed two fresh 13Gs:

• PHINIA Inc $PHIN, a 5.40% passive stake; and
• Essent Group $ESNT, a 5.20% stake.

Here’s The Hot Corner, with data from April 15, 2025:

Click the table to enlarge it.

Rep. Tim Moore of North Carolina disclosed four trades in the $15,000-to-$50,000 range, including:

• American Airlines $AAL;
• US Foods $USFD;
• Baker Hughes $BKR; and
• DoorDash $DASH.