Look, I get it—this topic comes up again and again, and it can be a bit of a head scratcher.

I keep saying it: inflation is sticky, and the dollar is rolling over.

Yet people ask, "How does that work with a 75% rolling correlation between the dollar and yields recently?"

And that’s a valid question.

Check out this chart—it’s a visual reminder that correlations aren’t set in stone. There are times when the numbers move in harmony and other moments when the link just falls apart.
 

Markets evolve, and so do these relationships.

Here’s the honest truth: correlations are fickle by nature. They can look tight one minute and then unravel the next.

Relying on a strong historical link is like betting on a coin toss coming up heads every time—it’s risky and can easily lead you astray.

Here's our latest Freshly Squeezed table: 

As you can see, Gorilla Technology $GRRR, Super Micro Computer $SMCI, and Innodata $INOD are at the top of the scan. They've been ripping!

Now, let's talk about today's setup.

The Financial sector has been home to some of the best uptrends in recent years. 📈

Names like Interactive Brokers (a fan favorite around here) have rallied over 500% since the 2020 trough.

It has been a historic bull run. 

One of the stocks that haven't participated in this cycle is the $2.6B company from Chicago, GCM Grosvenor $GCMG.

It was established in 1971 but went public for the first time via SPAC in late 2020.

The company manages nearly $80B in assets across various alternative investment strategies, including private equity, credit, real estate, and more.

In bull markets, this company prints money. 

As you can see, GCM Grosvenor has resolved a textbook bearish-to-bullish reversal pattern versus the broader market. 

This means the stock should outperform its peers for...

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.

We've been obnoxiously bullish on soft commodities recently. 

And it's for a good reason. 

Coffee just broke out of a nearly 50-year basing pattern. It's hard to bearish when the price is making new all-time highs.

But the group is becoming bifurcated.

Orange juice futures were the early leader in the soft space. The price made a new all-time high in 2022.

Unfortunately (for the bulls), the uptrend in OJ seems to be over, at least for now.

As you can see, orange juice futures resolved a nearly 50-year basing pattern in 2022. This pattern is almost identical to coffee futures. ...

In today’s Daily Digest, we’ll review the following:

1. New position in ARKK.
2. No adjustments are needed today.
3. No exits since the last report.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

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...

From the desk of Steve Strazza @Sstrazza

Dividend Aristocrats are easily some of the most desirable investments on Wall Street. These are the names that have increased dividends for at least 25 years, providing steadily increasing income to long-term-minded shareholders.

As you can imagine, the companies making up this prestigious list are some of the most recognizable brands in the world. Coca-Cola, Walmart, and Johnson & Johnson are just a few of the household names making the cut.

Here at All Star Charts, we like to stay ahead of the curve. That's why we're turning our attention to the future aristocrats. In an effort to seek out the next generation of the cream-of-the-crop dividend plays, we're curating a list of stocks that have raised their payouts every year for five to nine years.

We call them the Young Aristocrats, and the idea is that these are "stocks that pay you to make money." Imagine if years of consistent dividend growth and high momentum and relative strength had a baby, leaving you with the best of the emerging dividend giants that are outperforming the averages.

By...

Even though this stock blasted off following earnings last week, it might just be getting started. The second "take" is what I'm here for.

However, with the immediate catalyst in the rear-view mirror, I will proceed going forward under the assumption that there may be some well-deserved consolidation in store while the stock works its way higher over the next 6 months.

So I'm going to attempt to get paid to ride out any potential wait.

In today’s Daily Digest, we’ll review the following:

1. New position in XLE.
2. No adjustments are needed today.
3. Closed XLY and XLC at Profit Targets
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

From the Desk of Steve Strazza @Sstrazza

We love our bottoms-up scans here at All Star Charts. We tend to get really creative when making new universes as we want to be sure they will deliver us the best opportunities the market has to offer.

However, when it comes to this one, it couldn't be any simpler!

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 stocks.

Welcome to The Junior Hall of Famers.

This scan is composed of the next 150 largest stocks by market cap, those that come after the top 150 and are thus covered by the Hall of Famers universe. Many of these names will someday graduate and join our original Hall Of Famers list. The idea here is to catch these big trends as early on as possible.

There is no need to overcomplicate things. Market cap is a quality filter at the end of the day. It only grows if price is rising. That's good enough for us.

The bottom line is it is a bull market. We...

Today's trade is in a name that JC liked on his recent Mid-Month conference call.

The stock is hanging around the upper end of a "box" it's been in, just below all-time highs. And with earnings coming up in a couple of weeks, it feels to me like it's just waiting for that "all clear" catalyst to allow it to break higher.

I'm going to get positioned now.