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.

Are you paying attention?

This market is not like the one we were in back in November.

Have you adapted to this environment?

Or are you still doing the same things you were doing 3 months ago?

Take a look at High Beta vs Low Volatility going out for the week at the lowest levels since mid-January:

From the Desk of Ian Culley @IanCulley

Commodities are making moves.

Cotton is forming a bull flag following last week’s breakout. Coffee futures are coiling below a critical polarity zone. Cattle and hogs are running wild. Even Dr.Copper is perking up, posting positive returns over the trailing five days.

And don’t forget about cocoa futures as they continue to print fresh all-time highs. 

With all this action heating up, let’s turn our attention to one of 2021’s most explosive markets…

Lumber.

Remember all the lumber memes on Twitter?

Dudes were posting their W’s sitting atop stacks of 2x4s and plywood. I’ll never forget it. 

As a trader, I prefer to avoid lumber futures. It’s a thin market. But I can’t ignore the yearlong base forming on the daily chart:

...

This is the video recording of the February 2024 Mid-month Conference Call.

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...

You know the old saying that Bull Markets are more fun than Bear Markets?

It's true.

And not because you can't make money in a bear market. You can. In fact, you usually make money much faster in bear markets. That's just how the market behaves.

But the truth is that bull markets are definitely more fun.

I can tell you from first hand experience over the years. The parties in bull markets are more fun and they are more frequent, than in bear markets.

Last night was definitely a bull market party. Josh Brown turned 46 and I turned 42.

Strazza even flew up to New York for the festivities.

With bullish setups continuing to climb this week, I like the cushion this gives me to continue putting on some bearish bets to help smooth out any possible portfolio volatility that may be on the horizon.

Today's bearish "hedge" is a short bet in a technology name that is most definitely not keeping up with its peers.

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In today's Daily Digest, we'll review:

1. No new positions today.
2. Rolled XBI position into April for credit.
3. Closed ARKK at profit target.
4. Current status of open campaigns.

Let's dig in!

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes via a handful of filings by Maplebear Inc $CART director Ravi Gupta. 

Gupta reported a total purchase of $57 million in CART.

From the Desk of Ian Culley @IanCulley

Commodities are making moves.

Cotton is forming a bull flag following last week’s breakout. Coffee futures are coiling below a critical polarity zone. Cattle and hogs are running wild. Even Dr.Copper is perking up, posting positive returns over the trailing five days.

And don’t forget about cocoa futures as they continue to print fresh all-time highs. 

With all this action heating up, let’s turn our attention to one of 2021’s most explosive markets…

Lumber.

Remember all the lumber memes on Twitter?

Dudes were posting their W’s sitting atop stacks of 2x4s and plywood. I’ll never forget it. 

As a trader, I prefer to avoid lumber futures. It’s a thin market. But I can’t ignore the yearlong base forming on the daily chart:

Buyers are running into resistance at a shelf of former highs. A decisive close above 588.0 (Dec. closing high) flashes a buy signal.

Last year’s high stands as a logical initial target at approximately 650.0. 

If lumber is in your wheelhouse, have a go. I won’t be taking this trade. It’s not for me.

Instead, I’m more...

Many swing traders and investors are currently sitting on a First Class problem. But it’s a problem, nonetheless.

These traders are sitting in positions with huge open profits.

I can use NVDA as an example. But there are many, many big winning trends still acting well.

Those of us who like to style ourselves as Trend Followers will soon be faced with a difficult decision – how and when to determine when a trend has ended.

It’s easy in hindsight to look at a chart and spot the moment a trend was invalidated and an optimal exit price is clear. But in real-time, it’s not so easy. In fact, it’s impossible. Because contrary to popular belief, no trader can reliably and consistently predict the future.

But the stakes...

Good morning,

Welcome to your daily crypto clarity

WHAT’S HAPPENING

it was a quiet day yesterday, with Bitcoin and Ethereum were flat today, while many smaller altcoins posted losses. This came after the ETFs saw their first set of outflows in a few weeks. Meanwhile, technology stocks marched higher off the back of Nvidia's positive earnings. 

KEY STORIES

Crypto Exchange Kraken Files to Dismiss SEC Lawsuit Against It - CoinDesk

Worldcoin, Nvidia Hit Record Highs as AI Hype Fuels Crypto and Stock Market Rally - ...