Last night was our LIVE Monthly Charts Strategy Session for Premium Members of ASC Research.
This 2-times per month LIVE event is one of the biggest reasons why most of the world's largest financial institutions that you've ever heard of come to Allstarcharts for help making big decisions in the market.
One chart that really stood out to me, especially considering where we are in the cycle, is just how many bears there are among individual investors.
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.
In today's Flow Show, Steve Strazza and I discuss the signal (if any) being sent from $VIX with a 13 handle, and we cautioned viewers to not just automatically think that a low VIX means the next spike is imminent.
Then, we got into the opportunity that looks most appealing over the next 6-12 months.
You can watch the full episode here and get the trade details below:
Apple has been in a year-long range (see video) that appears to have been decisively broken.
Here's a zoomed-in one-year chart showing the current breakout about the 234-235 range:
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.