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 January 3, 2025. 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’s...

My uncle told me in 1999 that tech was about to take a nap.

I had no idea what the hell he was talking about. I was too busy riding bikes and planning my next trip to a contest. 

But I’ll never forget the timing of his trades.

He sold all his tech stocks and started buying gold miners, micro caps, and commodities.

It sounded crazy to me at the time. But his entire analysis came down to one thing:

The Dollar.

We have not seen a real weak dollar environment in nearly 20 years.

Yeah, we’ve seen pullbacks—2017-18, late 2020-21—but a sustained downtrend?

I haven’t seen one.

Look at the chart. The last real decline was after the dot-com crash in 2000.

Since the Great Financial Crisis, the playbook was simple:

Strong dollar. Strong bonds.

That was the foundation that the ETF market was built on. There are almost 1000 fixed income ETFs.

Meanwhile, weak dollar trades—commodity ETFs, inflation plays—kept getting wiped out. 

Sports betting is so hot right now. 🥵

DraftKings $DKNG had one of its best earnings reactions ever on Friday, fueled by a blockbuster report.

The company acquired 3.5M new customers, increasing its total customer base by 42% Y/Y to 10.1M. 

That's a lot of gamblers!

As you can see, DraftKings gapped above a shelf of former highs from around this time last year. 

We think Friday's candlestick marked the beginning of a new leg higher for DKNG. 

If the biggest and best stock in the sports betting industry looks this good, imagine what its peers will do.

Genius Sports $GENI is the leading sports data, technology, and broadcast services provider. 

In 2021, they inked a deal with the NFL to distribute live data and statistics exclusively to sportsbooks and media companies.

This deal has been incredibly lucrative.

But that's not it. 

They have deals with sports leagues and media organizations worldwide, including the English Premier League, the NCAA, and ESPN.

In addition to the sweet fundamental tailwinds, the...

The altcoin space just got obliterated.

Traders have been liquidated en masse, and bullish positioning has been wiped clean. By definition, pessimism now outweighs optimism.

But if you've been following along, you know I spent months neutral on crypto. After this selloff, I’ve flipped bullish.

Zoom out. This is a textbook flush at a key demand zone.

While others get caught in the noise, I’m simplifying—weekly line chart, nothing fancy. The setups I’ve been waiting for in AI coins are here.

Don't miss the ASC Premium Mid-Month Strategy Session on Monday, February 17th, at 8 pm ET! 🚨

👉 Click here to register for the LIVE event.

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.

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...

One for the good guys.

All it took was one "earnings trade" in $APP to get the vertical spreads scoreboard in the green YTD for 2025:

We never know which trade will be the one that delivers big gains. That's why it is so important to have a process for sizing our positions, allocating risk equally among ideas, and sticking to it. When we do this, the handful of big winners make up for all the small losers.

Here's a look at the six vertical spreads we've closed in All Star Options so far this year:

Prior to yesterday's exit, we were 0-for-5 on closed long vertical spreads. But now with one +320% win, the average return for every vertical spread we've exited in 2025 is $186 per $1000 invested, with an average hold time of 57 days. Not bad considering the 17% win rate!

At the risk of jinxing it, we've got another long vertical spread in $NET that is currently deep in the money and will likely add to the win total and increase our average gain per trade.

It isn't easy losing more times than we win. But sticking to the process and...

Today's trade comes from a recent Junior Hall of Famers report.

Opportunities like this don't come around too often, but when I have a realistic shot at 10x-ing my money, I get really interested.

This is that.

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:

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

1. No new positions today.
2. Rolled EEM position to April options.
3. No exits since the last report.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!