GME

Outperforming without a clear catalyst yet

• GME +2.45% on the last session vs SPY +0.74%: +1.7 pts of stock-specific move.
• Aftermath, insider buy (Sep 30): After its 5 insider buys in the past 5 years, GME typically gained 0.7% over the next day (median) and was higher 80% of the time; half the outcomes fell between +0.7% and +2.5%. An ordinary day: -0.1%. Among S&P 500 stocks after insider buys, that ranks #4 of 4. (Low confidence: few independent periods.)
• 5 Reddit mentions in the past 24 hours, 70% positive over the week.
• 9 insider or congressional trades in the past 30 days, including 9 insider open-market buys.
• Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.