From the Desk of Steve Strazza @Sstrazza

Our Hall of Famers list is composed of the 150 largest US-based stocks.

These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.

It has all the big names and more.

It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that. Click here to check it out.

The Hall of Famers is simple.

We take our list of 150 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.

Let’s dive right in and check out what these big boys are up to.

Here’s this week’s list:

*Click table to enlarge view

We filter out any laggards that are down -5% or more relative to the S&P 500 over the trailing month.

Then, we sort the...

From the Desk of Ian Culley @IanCulley

Fed Chair Jerome Powell continues to rule the markets with an iron fist, mercilessly punishing any who doubt his supreme will. 

Or maybe I should stop daydreaming at my desk. 

Either way, this little fantasy is a helluva lot more entertaining than the monotonous uptrend in US Treasury yields. 

But I’ve found boredom – when not taken seriously – can lead to neglect.

That’s where process steps in to save the day. 

It’s hard for the market to catch us off guard if we’re constantly reviewing the charts.

And these next two bond charts demand our full attention…

First, the High Yield Bond ETF $HYG relative to the US Treasury Bond ETF $IEI: 

It’s an oldie but a goodie. I look at this chart every single day. 

It’s that important – not just to the bond market, but the entire marketplace, including stocks and...

From the Desk of Steve Strazza @Sstrazza

Welcome to The Junior International Hall of Famers.

With the goal of finding more bullish setups, we have decided to expand one of our favorite scans and broaden our regular coverage of the largest US-listed international stocks, or ADRs.

This scan is composed of the next 100 largest stocks by market cap, those that come after the top 100 and are thus covered by the International Hall of Famers universe.

Many of these names will someday graduate and join our original International Hall Of Famers list. The idea here is to catch these big trends as early on as possible.

Let's dive right in and check out what these future big boys are up to.

This is our Junior International Hall of Famers list:

Click table to enlarge view

From the Desk of Steve Strazza @Sstrazza

When investing in the stock market, we always want to approach it as "a market of stocks."

Regardless of the environment, there are always stocks showing leadership and trending higher.

We may have to look harder to identify them depending on current market conditions. But there are always stocks that are going up.

The same can be said for weak stocks. Regardless of the environment, there are always stocks that are going down, too. 

We already have multiple scans focusing on stocks making all-time highs, such as Hall of Famers, Minor Leaguers, and the 2 to 100 Club.

We filter these universes for stocks that are exhibiting the best momentum and relative strength characteristics. 

Clearly, we spend a lot of time identifying and writing about leading stocks every week, via multiple reports.

Now, we're also highlighting lagging stocks on a recurring basis.

Welcome to the Short Report.

We...

From the Desk of Ian Culley @IanCulley

Commodity currencies are edging higher.

But given the preceding dollar rally, significant breakout levels lie well out of reach.

In the meantime, we can turn to the yen for actionable ideas.

One yen cross is already breaking out!

Check out the aussie-yen cross challenging multi-year resistance at approximately 98.50:

That’s a tradeable level marked by the 2022 high and the June and September peaks from last year.

Buyers are on the verge of cracking this key level as I write. If and when they do, I like it long with a target of 111.15 over longer time frames.

Long AUD/JPY comes with a positive carry. So I’m happy to give this position adequate time to reach our upside objective as long as price holds above our risk level.

The same applies to two additional trade setups…...

From the Desk of Steve Strazza @Sstrazza.

Welcome back to Under the Hood, where we'll cover all the action for the week ended February 16, 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...

From the Desk of Ian Culley @IanCulley

Gold’s beginning to attract some attention.

Not because it was shooting higher but because it kept trading while most respectable markets closed in observance of Presidents Day.

US stocks, grains, and other god-fearing commodities did not trade. So investors needed something to talk about other than Bitcoin. 

But as gold stole the headlines, no one was talking about platinum.

I like that platinum isn’t attracting too many eyeballs right now.

Here’s why…

These are the registration details for our LIVE Mid-month Conference Call for Premium Members of All Star Charts.

Our Live Call will be held on Friday February 23rd @ 3PM ET. As always, if you cannot make the call live, the video and slides will be archived and published here along with every other live call since 2015.

Here are the details for Friday afternoon:

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.

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 around the world.

Here's this week's list:

...

From the Desk of Ian Culley @IanCulley

Naming a newborn is tough.

Who is this tiny person? And who will they aspire to be?

These are impossible questions to answer.

As you can imagine, the wifey and I were stumped upon meeting our baby girl earlier this week. 

Every time I looked into her eyes, I could hear her plead, “Give me a name, boy!” A situation ten-year-old Ian never fathomed – even while watching The NeverEnding Story. 

After a few days of deliberation, hours of snuggles, and the casual piercing gaze, I could only discern one thing: she smelled good. 

So I offered up “Coco.” 

It was on our shortlist. Plus, will we ever forget this year’s epic rally in cocoa futures? I certainly won’t.

Well, we ultimately landed on Cora, which suits her in some indescribable way.

But if I hadn’t cut technology this week so I could focus on my girls, I might have thrown "Cotton" into the ring.

I mean – it’s the “fabric of our lives!”

Check...

Volatility continues to pick up. We're seeing bigger prices swings for stocks, in BOTH directions.

But of all the things I'm seeing out there, this former darling, and market bellwether absolutely has my attention.

On Thursday, Apple went out a yet another new low relative to the rest of the market. Here's what Apple looks like vs QQQ:

This is a completed top and potentially disastrous break.

The next chart below is what Apple looks like vs the S&P500 and the absolute price laid over it.

$AAPL stock has been falling all year, despite what some of the indexes have done during this period.

It's not just the declining new highs list that we've seen the past 2 months, the next question is do we see an expansion in new lows?