From the Desk of Steve Strazza @Sstrazza

Welcome to The 2 to 100 Club.

In this scan, we look to identify the strongest growth stocks as they climb the market-cap ladder from small- to mid- to large- and, ultimately, to mega cap status (over $200B).

Once they graduate from small-cap to mid-cap status (over $2B), they come on our radar. Likewise, when they surpass the roughly $30B mark, they roll off our list.

But the scan doesn't just end there.

We only want to look at the strongest growth industries in the market, as that is typically where these potential 50-baggers come from.

Some of the best performers in recent decades – stocks like Priceline, Amazon, Netflix, Salesforce, and myriad others – would have been on this list at some point during their journey to becoming the market behemoths they are today.

When you look at the stocks in our table, you'll notice we're only focused on Technology and Growth industry groups such as Software, Semiconductors, Online...

The market keeps rewarding investors for buying some of Wall Street's most hated stocks. 

We're getting buy signals from biotechnology and crypto stocks, which tends to happen in healthy market environments.

With this in mind, we're going back to the well and buying a biotech stock with nearly 1/3 of the float sold short and a double-digit days-to-cover ratio. 

The stock we're buying is named after what was once an important ancient trade center in modern-day Turkey.

Let's talk about how we're playing this short squeeze:

Below is the 7th ASC Mastermind Lab Course. These are special videos that will be made available throughout the duration of the 12-week course featuring conversations with professionals from across Wall Street discussing topics in their expertise. 

In our last Mastermind Lab, I spoke with Jason Perz about the relationship between bonds, commodities, and currencies. This time, I wanted to bring the conversation back to the stock market. Enter Todd Sohn, ETF & Technical Strategist at Strategas Securities.

Todd and I discussed the ETF market at length, how it's evolved in recent years, and its future. We also discussed a variety of different intermarket analysis techniques that incorporate ETFs.

I hope you enjoy my conversation with Todd Sohn.

Despite bond yields and dollars screaming higher and reaching overbought conditions, stocks and precious metals rallied during what is historically the worst time of the year. 

During a bad seasonal period, junior gold and silver mining stocks had their best week since 2020, and silver printed fresh multi-year highs.

The bulls' ability to maintain control during a historically weak period speaks to the strength and resilience of this market.

Let's talk about the demand we're seeing for precious metals around the world and a few of our favorite trade ideas right now:

From the Desk of Steve Strazza @Sstrazza.

Welcome back to Under the Hood, where we'll cover all the action for the two weeks ended October 25, 2024. This report is published bi-weekly, in rotation with The Minor Leaguers.

What we do here is analyze the most popular stocks during the week and find opportunities to either join in and ride these momentum names higher, or fade the crowd and bet against them.

We use a variety of sources to generate the list of most popular names.

There are so many new data sources available that all we need to do is organize and curate them in a way that shows us exactly what we want: a list of stocks that are seeing an unusual increase in investor interest.

Click here for a behind-the-scenes look at our process.

Whether we’re measuring increasing interest based on large institutional purchases, unusual options activity, or simply our proprietary lists of trending tickers, there’...

This is the weekly post that aggregates all the charts we put together throughout the week and organizes them all into one, easy to flip through deck.

Each year, Americans buy over 600 million pounds of candy and eat over 1 pound each for Halloween.

It's a lot...

But are there opportunities to profit from Americans ritualistically eating way too much candy? You betcha!

Let's talk about it.

After a historic 190% run earlier this year, cocoa futures have formed a textbook consolidation pattern:

In addition, chocolate bears have failed to register an oversold reading as the bulls have maintained control during this consolidation phase.

We like owning cocoa futures above 6,900, with a target of 11,700 over the coming 2-4 months.

Sugar futures look poised to retest last year's high:

After rallying 20% in a single week last month, the sweet commodity has formed a sweet bullish continuation pattern. If and when this pattern is resolved, we want to own sugar futures in anticipation of a fresh leg higher.

In addition to the chart pattern, the bulls registered a 14-day RSI reading above 80 during the last leg higher, as they were in...

From the desk of Steve Strazza @Sstrazza

Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.

We've also sprinkled in some of the largest ADRs from countries that did not make the market cap cut. 

These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.

It's got all the big names and more–but only those that are based outside the US. You can find all the largest US stocks on our original Hall of Famers list.

The beauty of these scans is really in their simplicity.

We take the largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.

Based on the market environment, we can also flip the scan on its head and filter for weakness.

Let's dive in and take a look at some of the most important stocks from...

In 2015 I was an entrepreneur, had my last knee surgery, and was still riding professionally from time to time—until my body finally gave out. 

I was also on the verge of starting my own fund while working for another one. 

In other words, I was busy.

My trading signals back then were based on 10-month highs which reflects how busy I was. 

We saw a new 10-month high by the end of the year, and that marked the beginning of one of the most legendary trends in financial history. 

When I first bought in, the backlash was intense. You were an “idiot” for investing in Bitcoin at that time. 

Then, the tide turned and Bitcoin skyrocketed from $300 to $20,000 in the following two years. 

Some mornings, I’d wake up in disbelief that some cryptocurrencies had doubled overnight. 

Below is the 6th ASC Mastermind Lab Course. These are special videos that will be made available throughout the duration of the 12-week course featuring conversations with professionals from across Wall Street discussing topics in their expertise. 

I wasn't ready to move on from intermarket analysis just yet. It's too important. So I called up Jason Perz, the newest All Star Charts analyst, and someone who is an expert in the relationship between bonds, commodities, and currencies. 

Jason and I discussed these relationships at length, how these markets have reacted to major historical events, and how a move in one market could impact another.

Enjoy my conversation with Jason.

Long bonds are sending a message loud and clear these days, and I’m all ears.

When the Fed started cutting rates last month, long-term bonds reversed course lower. They are making fresh 3-month lows this week.

This might seem surprising, but it's not as uncommon as you'd think.

We saw a similar situation in November 2018, when the Fed raised rates, but the bond market didn't buy it, with the TLT rallying for two years.

Now, the Fed is cutting rates, and long bonds are calling their bluff again. This time, by reversing trend lower.

You can see what I mean in the following chart:

If bond prices continue to decline, it likely signals an expectation of rising inflation or stronger economic growth. 

Personally, I’m betting on inflation increasing.

If this is the case, the Fed rate...

From the Desk of Steve Strazza @Sstrazza

Welcome to The 2 to 100 Club.

In this scan, we look to identify the strongest growth stocks as they climb the market-cap ladder from small- to mid- to large- and, ultimately, to mega cap status (over $200B).

Once they graduate from small-cap to mid-cap status (over $2B), they come on our radar. Likewise, when they surpass the roughly $30B mark, they roll off our list.

But the scan doesn't just end there.

We only want to look at the strongest growth industries in the market, as that is typically where these potential 50-baggers come from.

Some of the best performers in recent decades – stocks like Priceline, Amazon, Netflix, Salesforce, and myriad others – would have been on this list at some point during their journey to becoming the market behemoths they are today.

When you look at the stocks in our table, you'll notice we're only focused on Technology and Growth industry groups such as Software, Semiconductors, Online...