The most significant insider buy on today's list is a Form 4 filing by Abdiel Capital Advisors.

The hedge fund reported a purchase of $4.8 million in Appian Corporation $APPN.

From the Desk of Kimmy Sokoloff

This week is very busy.

We've got tons of economic data, a Fed rate decision on Wednesday, and Big Tech earnings on tap.

By my work, everything started to improve for stocks after June 16th.

That was when the list of new 52-week lows peaked and stocks started the process of going up all the time, instead of going down all the time.

In bull markets, stocks go up. In bear markets they go down, not sure if you heard...

Anyway, these days I'm seeing a lot of investors pointing to October 13th as the market bottom, because that's when the S&P500 and some of the other indexes made their lows.

But by then, most stocks had already bottomed. It was only a few of those large-cap indexes left still falling.

That's why ...

What do bull markets look like?

Well obviously, more stocks are going up than going down.

More sectors are participating to the upside, while fewer are falling.

And you also see an expansion in breadth across the globe, with more and more countries joining in on the uptrends.

Those are bull markets.

And do you know what you also see?

High Beta stocks outperform Low Volatility. This is a consistent characteristic among the strongest uptrends.

How's the Bull Market treating you?

Does it feel as good for you as it does for me?

I've been watching really angry people fighting these uptrends in stocks over the past 6+ months and they are not happy.

Life is harder when you ignore price, in favor of such arbitrary things like the economy or corporate earnings.

What kind of serial killer puts that gossip ahead of the tape?

I want this to be a good reminder that we DO NOT EVER want to fight the tape.

Fight the fed all you want. Ignore the economic gossip coming out of the basic cable stations. All of that is perfectly acceptable behavior.

It's the tape that you cannot fight, if your goal is to make money.

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.

Remember in the first half of last year, it was only the Energy stocks that were in Uptrends.

You can use a simple 200 day moving average to point to and say, "OK price is above that so it's probably not a downtrend".

Then in October, we were talking about how Bear Markets are a choice, and one that investors didn't have to sit through if they didn't want to.

By that point, Healthcare was already being added to the list of Sector Indexes that were above their 200 day moving average.

So now entering Q4 you had Energy AND Healthcare.

By November, you then had 3 more added to the list of uptrends: ...

It's the weekly commodity edition of What the FICC?

I have to imagine Uranium stocks catch a bid if copper and gold are ripping higher.

Check it out!

From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts

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...

From the Desk of Kimmy Sokoloff

That's four Fridays in a row the market has had a great rally, though there was a decent sell-off in the last half hour of trading.

I had a few stop-outs today, a typical Friday with messy action.

From the Desk of Ian Culley @IanCulley

Commodity prices remain elevated despite easing inflationary pressures.

It’s evident in the two overarching themes across the commodity space – resilience at the index level and relative strength from metals.

I’ve been vocal about both, urging readers not to fight DR. Copper while teasing the possibility of Gold reaching 5K. I’m serious about both!

Strength likely spills over into the periphery if we’re in an environment where gold and copper print fresh highs. 

That brings us to my favorite chart this week…

Check out the Uranium ETF $URA:

URA completed a multi-year base in April 2021. It has since found support at a former resistance level marked by its prior cycle highs from 2017. 

I’m sure...

From the Desk of Willie Delwiche.

The last decade-plus has featured extended periods of US leadership and only brief bouts of with the rest of the world on top. While it may be outside of the experience or active memory for many investors, the first decade of this millennium saw the exact opposite: persistent strength from the rest of the world and little leadership from the US.

Why It Matters: When it comes to global equity exposure, diversification has been a dirty word for a decade. US investors have not been rewarded for looking overseas. Now that is changing. Absolute uptrends are more common right now outside of the US than within our borders. Our asset allocation model that uses the ACWI (60% US) as a benchmark is near max underweight equities (versus bonds and commodities), while a version that takes the US out of the equation is at max overweight equities. Investors are taking notice, with US equity ETFs seeing outflows and foreign equity ETFs experiencing a surge in inflows. The paradigm is shifting and investors are getting...