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

1. New position in IGV.
2. No adjustments are needed today.
3. No exists since the last report.
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...

The beauty of the blockchain means that we can track all purchases in real time from the smartest wallets.

These are people with the best track record on-chain that we can follow into trades.

There's a lot of action taking place and the smartest degens are making moves.

Investors are reaching for the riskiest stocks in the market.

How do we know?

A long list of stock market indexes and individual issues just had their best day since the pandemic lows almost 5 years ago.

Meme coins are mooning while we're asleep at night.

More and more stocks are completing primary trend reversals.

The most risk-on groups are leading the charge.

With this in mind, it's time for another Freshly Squeezed report.

Here's our approach:

We find the most heavily shorted stocks in the market. Then, we monitor these names for signs of upward momentum. Once that momentum kicks in, we ride them higher as the bears get squeezed.

We got fresh short data on Monday, so let's dive in and talk about it.

Our scan is quite simple. It is designed to identify stocks with the most aggressive short positions.

When a stock is shorted, it means incremental buyers are waiting in the wings...

Stocks are ripping in the U.S.

Is Europe next?

Looking at a basket of the fifty biggest names in Europe, we've got a clean level to bet against for a rotation higher. And a volatility picture that offers us an edge to play it.

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

1. No new positions today. 
2. Rolled KRE to January options.
3. Closed XLE at profit target.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

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...

initially covered this meme coin in May and it's up +500% since.

Today it looks to be completing a successful breakout.

Here's the chart.

The underperformance from Technology stocks continues.

And keep in mind that you've been seeing it in Large-caps for most of this year, but you've been seeing the underperformance from Small-cap Technology for over 18 months.

Small-cap Tech peaked in the summer of 2023 relative to the rest of the small-caps:

It's really been a disappointment for Technology investors.

Granted, there are Tech stocks working, but they are few and far between, compared to what we have seen in the past.

Look at the returns of these Technology ETFs relative to the performance in Bitcoin over the past month:

If we want to own "Technology", then I think there are better places to do that than buying the Tech ETFs or the indexes in general.

I think we want to pick our spots

In the latest Trade Alert to members of ASC Crypto, the best Crypto Miners, which are NOT considered "Technology", are highlighted with details for best entry and exits.

They are categorized as "Capital Markets". And there were multiple trade alerts this...