$Oracle(ORCL.US) Oracle’s intraday 6% surge today was wild — the candle shot straight through the monthly resistance level, and honestly it was pretty shocking.

I’ve been following Oracle’s fundamentals for the long term, and while the cloud transition is a bright spot, there hasn’t been any real earnings breakout yet. A sudden spike like this immediately triggers my rational alarm.

From a rotation perspective, it might be funds trimming growth stocks and moving into more stable megacaps, but the total silence on the news front makes me even more concerned about possible insider activity.

I’m staying on the sidelines for now — even if I miss some short-term gains, I’d rather protect my margin of safety than jump in blindly.