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Alfonso’s Daily Note

Defense Holds Strong

April 16, 2025

Sign up for my free note here.

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...

Hot Corner Insider

New CFO Glendinning Reports a $1.24 Million $DLTR Buy

April 16, 2025

Middle‑of‑the‑week filings served up new leadership buys in discount retail and food distribution. We also saw a billionaire’s continued support for a sports franchise.

📌 Dollar Tree $DLTR

New CFO Stewart Glendinning put $1.24 million to work—always notable when the numbers person buys at market.

📌 Atlanta Braves $BATRA

Director John C. Malone added another $2.14 million, taking a fresh swing at the opening of a new season.

📌 Calavo Growers $CVGW

CEO Lee Cole filed a Form 4 with a purchase of $499,991, a nearly half‑million‑dollar vote of confidence in the avocado king.

Here’s The Hot Corner, with data from April 16, 2025:

 

Click the table to enlarge it.

📌 PBF Energy $PBF

Billionaire Carlos Slim’s Control Empresarial added $216,558, extending its steady accumulation.