Good morning, you're listening to Markets Desk.
Cotton futures are staging a quiet reversal to start the week, with contracts trading eighty-four to one hundred twenty-eight points higher this Monday after a rough close on Friday. Front-month contracts bore the brunt of last week's selling, as risk-off sentiment and outside market pressure sent bears in charge heading into the weekend.
Shifting to equities, the software sector is on pace to pull off something the market has never seen before, with CrowdStrike and Palo Alto Networks leading the charge. Software is outpacing semiconductors by a historically wide margin, a striking development given how dominant chip stocks have been throughout the AI trade. It signals a meaningful rotation in how investors are pricing AI exposure.
And on the insider buying front, two names worth watching this Monday are PVH and Helomics. Insider purchases tend to cut through the noise because, unlike sales, they carry a single motive — the buyer believes the stock goes higher. When executives put their own capital to work, the market tends to pay attention, and both names surfaced in today's filing activity.
That's the tape. Markets Desk, signing off the floor.
