February is historically one of the best months of the year for commodities. This year is no different.

Coffee is like a freight train. It keeps chugging along to new all-time highs. 

Natural gas has rallied over 20% so far this month.

Dr. Copper is challenging a key level of interest and flirting with a multi-decade base breakout.

But what continues to stand out the most to us is the grain markets.

Last week, we outlined why we're buying...

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:

Yesterday we saw the Nasdaq100 close at new all-time highs, on an equally-weighted basis!

I keep being told that market breadth is weakening, mostly from people who haven't even bothered to count. 

So let me ask you...

Is the equally-weighted Nasdaq100 closing at the highest level in its entire history evidence of broadening strength, or a weakening market?

I'm old enough to remember when they were telling me that this was all just a "bear market rally" and that we shouldn't be buying stocks.

Then it was, "Only 6 stocks going up", so we shouldn't be buying stocks.

Now they're telling me that market breadth is weakening, when it's actually broadening, and that we shouldn't be buying stocks.

You know what we've been doing this entire bull market? We've been buying stocks, and laughing about it along the way.

You've had a front row seat to it all.

And this was just while it was mostly U.S. stocks doing well. Now we're seeing broadening participation all over the world, with areas like Latin America hitting new multi-month highs, Europe hitting all-time highs, and now Southeast Asia really getting going

Here is...

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...

I've been getting this question quite a bit lately: Does Breadth even matter?

And the answer is yes. It's a market of stocks.

Go back and study all the bull markets in history. You'll notice how as the bull market progresses, you get more and more stocks participating to the upside. You tend to see sector rotation and new leaders emerging. You also see expansion in participation across countries around the globe.

This is what is currently happening. It's all of the above.

In Bear markets, however, these things do not happen. It's actually the opposite. You see fewer and fewer stocks going up, while more and more stocks are breaking to new lows. The sector rotation turns into the last leaders catching down to the losers. And you see stock market indexes in countries all over the world falling in price, not rising. 

When you weigh all the evidence, it's quite obvious that we are currently in the first category, and certainly not in the second one.

How can market breadth be deteriorating, when participation just keeps expanding?

How can you tell me with a straight face that breadth is weakening, when the...

Gold futures keep screaming higher to new all-time highs.

It has also rallied over 100% relative to the broader commodity complex.

But what the shiny yellow metal hasn't done this cycle is outperform stocks. We think that's about to change in a major way and here's why.

From the Desk of Steve Strazza @Sstrazza

Welcome to The Minor Leaguers.

We've had some great trades come out of this small-cap-focused column since we launched it back in 2020 and started rotating it with our flagship bottom-up scan, Under the Hood.

For the first year or so, we focused only on Russell 2000 stocks with a market cap between $1 and $2B.

That was fun, but we wanted to branch out a bit and allow some new stocks to find their way onto our list.

We expanded our universe to include some mid-caps.

Nowadays, to make the cut for our Minor Leaguers list, a company must have a market cap between $1 and $4B.

And it doesn't have to be a Russell component — it can be any US-listed equity. With participation expanding around the globe, we want all those ADRs in our universe.

The same price and liquidity filters are applied. Then, as always, we sort by proximity to new...

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.

It's hard to imagine what it is that these investors are all so bearish about.

I mean, we're in the middle of a bull market, where we know historically it pays way better own stocks than to be selling them. We know. We have the data.

And yet, accordingly to the latest AAII survey, more individual investors are bearish over the next 6 months than at any point since November of 2023.

Here's what stocks have done since then:

These are historic returns that have rarely been seen throughout stock market history. It's been practically straight up. 

The S&P500 is up almost 40%, while the Nasdaq100 is up over 45%. Financials and Communications are each up over 50%.Consumer Discretionary, Industrials and Technology are also major leaders during this period.

You see, stocks don't go up or down in price based on "fundamentals". Prices move based on positioning. And when individual investors are all bullish, it's probably a good time to be selling.

More importantly, and definitely more actionable, is when individual investors are bearish. That's historically a great time to be buying very aggressively.

These are the...

Chinese stocks are on the move.

These Breakout Multiplier trades are all popping off one by one. 3 of them doubled today.

The Chinese Internet Index closed at its highest levels since mid-October, well before the Trump landslide victory (that was supposed to be the end of Chinese stocks).

It's actually been the exact opposite.

In fact, look Chinese Internet stocks relative to the U.S. Internet Index. The new lows could not hold, and now the face-ripper is here:

The rotation is real, and this is a perfectly normal characteristic of a bull market, which we are very much in.

There's a time and a place for everything. Buying China has not been a good idea for a long time. So it should be no surprise that the short interest in China is so high.

Those shorts have overstayed their welcome and now it's time for us to profit from their demise. The short squeeze you...

Commodities are catching a serious bid right now.

Coffee futures have resolved a nearly 50-year base, printing fresh all-time highs.

Base and industrial metals keep screaming higher as the Chinese economy strengthens. 

This is all happening at a time when commodities are supposed to be strong.

As you can see, February has historically been an excellent month for owning commodities. The only better month is April, and the difference is marginal.

Will this be another strong February? We think so!

We told you we were buying fertilizer stocks a few weeks ago. ...