ASC Analyst Steve Strazza recently published a bullish piece on the Gold Miners $GDX ETF. I liked the idea so much that I'm going to jump into an options trade that will capture the meat from the move if it plays out as expected.

In our latest post, we highlighted the outperformance of Small-caps over large caps and shared a few ideas that we thought could perform well going forward.

Here is part 2 of the Small-cap actionable ideas. Let's see take a  look at the names that have made the cut!

Nifty Small-cap 100 has been moving past crucial resistances. As can be seen from the chart below, we're tracking 7,850 as the risk management level with 9,650 acting as the next target.

In no market can prices rally without minor corrections, so as long as this index is trading above 7,850, our bullish view remains intact.

Click on chart to enlarge view.

Now let’s take a look at some actionable ideas at current levels that look attractive on the long side for the next few weeks and months.

APL Apollo Tubes has been the leader of the pack in the metals segment. Take a look at the indicator pane, RSI hasn't moved into negative territory since...

From the desk of Steve Strazza @Sstrazza and Ian Culley @IanCulley.

The US Dollar is one of the most important pieces of the intermarket puzzle.

It affects all the major asset classes, and a rising dollar could impact the current market environment by creating a headwind for stocks and suppressing commodity-centric and cyclical areas of the market.

This could put pressure on our current market thesis as US Dollar strength has the potential to put a damper on the recent rally in risk assets.

In this post, we'll take a look at what's going on underneath the surface in the US Dollar Index by running through some of it's largest components.

We'll then weigh the evidence in front of us in an effort to determine a directional bias for King Dollar.

If there is one chart that stands out the most this year, it has to be the Growth vs Value relationship. We've been pounding the table about it for a reason.

We know what's happened over the past couple of weeks. But when you zoom out and see just where it's happening, that's the WOW!

From the desk of Steve Strazza @Sstrazza

I want to elaborate on a big theme of late that's been on my mind. We've written about it, discussed it internally - as well as on Clubhouse, and just this morning JC and Willie were both tweeting about it.

One major implication of the impending trend reversal in growth vs value is its potential effect on passive investment vehicles.

Considering what a mega-trend passive investing has become with the ETF boom over the past decade-plus, this is likely to impact investors far and wide... If they don't reposition themselves appropriately.

The reason for this is nuanced but in my opinion, it boils down to the argument that passive is really just active and there have been significant changes in market structure since the financial crisis that have resulted in the major averages being dominated by just a small handful of...

Hey everyone --

JC and I recorded a review session where we went over select options trades that were exited last month as well as some thoughts on the current market and some lessons within.

This is the video recording of the March 4th Town Hall Meeting w/ Willie Delwiche & JC Parets.

03/04/21 2PM ET

Small-Caps are now the flavour of the season, or at least of the current market setup. With these stocks outperforming the broader market, we took a look at some stocks that could be actionable trades with good risk-reward ratios.

We've broken down this post into two parts to do justice to the number of ideas we're observing right now.

As the Small caps continue to outperform the market, the constituents belonging to this segment are expected to generate greater returns than the large-caps.

For now, it looks like this index is moving about in a market of its own. The next target that we're tracking is 9,650 and the risk management level is 7,850.

Click on chart to enlarge view.

Now let’s take a look at some actionable ideas at current levels that look attractive on the long side for the next few weeks and months.

The first thing that stands out from this chart is the giant base that the stock is breaking out of! Just look at that, this is a 15-year breakout. 15 years! Balrampur Chini seems like...

From the desk of Steve Strazza.

Our Top 10 report was just published; our weekly report highlighting the best 10 ideas and respective charts we are seeing across the markets this week.

1. No More Divergences For The Dow

There had been a classic “Dow Theory” divergence in place for several years, dating back to when the Dow Transportation Average peaked in 2018. This cleared itself up late last year when Transports actually beat Dow Industrials back to new all-time highs. They’ve continued to lead in the time since. What really matters though is that both continue to grind higher, confirming one anothers new highs along the way. We often talk about Modern or 21st Century “Dow Theory,” which uses the Semiconductor Index in place of Transports. This is because a strong argument can be made that semis are the new drivers of what is now a mainly services-based economy in the US (and abroad). While Transports continue to trade more or less at record highs, Semiconductors haven’t made a new high in over two...

Every month we get a fresh batch of Monthly Candlesticks. It only happens 12 times a year.

I promise you guys from the bottom of my heart that there is no other part of my entire process that provides as much value and information as my monthly chart review. Premium Members can access the Chartbook here.

In the meantime, my friend Josh Brown and I have been doing these short monthly videos since last summer.

On the latest episode we talk about the historic breakout in Financials, the rotation into Value and out of Growth, what this means for interest rates and how that affects the global intermarket landscape.

This is always a fun chat.

Hope you enjoy it!

From the desk of Steve Strazza @sstrazza

Check out our latest Mystery Chart!

What we do here is take a chart that's captured our attention, and remove the x and y-axes as well as any other labels that could help identify it.

This chart can be of any security, in any asset class, on any timeframe. Sometimes it's an absolute price chart, other times it's on a relative basis.

It might be a ratio, a custom index, or maybe the price is inverted. It could be all three!

The point is, when we aren't able to recognize what's in front of us, we put aside any biases we may have and scrutinize it objectively.

While you can try to guess the chart, the point is to make a decision...

So let us know what it is… Buy, Sell, or Do Nothing?

This month, I'm going to start presenting these monthly reviews in a different way. I think what would be far more useful to all of you would be a review of all trades we exited in the previous month, as well as updates on any positions approaching expiration in the current month.

While we had a bunch of exits in February, we don't have any positions remaining on the books with March expirations. Let's get to it...