Market Digest: MRVL, PARA, LUV

Summary

The stock market fell back a bit on Friday, with the impact most notable on the likes of the Nasdaq Composite index, semiconductor chipmakers, and recently high-flying stocks such as Nvidia. Time will tell if this is the beginning of a reset for stocks, but this one-day action aligns with recent insider-sentiment data from Vickers Stock Research. Indeed, for more than a month, that data has clearly suggested that corporate executives, directors, and beneficial owners as a group have become increasingly defensive while stocks pushed higher day after day after day. That is unchanged this week.

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