From the desk of Steve Strazza @Sstrazza.

Welcome to our "Under The Hood" column for the week ended October 16, 2020.

What we do 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.

Whether we're measuring increasing interest based on large institutional purchases, unusual options activity, or simply our proprietary lists of trending tickers... there is a lot of overlap.

The bottom line is there are a million ways to skin this cat. Relying on our entire arsenal of data makes us confident that we're producing the best list each week and gives us more optionality in terms of finding the most favorable trade setups for our clients.

There are so many good setups in this week's list of popular stocks. Let's jump...

This weekend was the annual Traders 4 A Cause event. The folks over there were nice enough to invite me to host the afternoon of day 1 and then come back to host the morning session on day 2. The catch was that I had to bring some of my friends to show off their skills and help raise money and awareness for breast cancer research, among other notable causes that they're supporting.

So I called up legends like Brian Shannon, Anne-Marie Baiynd, Phil Pearlman, Ryan Detrick, Denise Shull and others. It turned out to be a lot of fun and I know we raised a ton of money. So thank you for all the support!

You can still donate here

Here is my video with Howard Lindzon from the Sunday morning session.

This week we're looking at a long setup in the Fertiliser & Pesticide industry.

We retired our "Five Bull Market Barometers" in mid-July to make room for a new weekly post that's focused on the three most important charts for the week ahead.

This is that post, so let's jump into this week's edition.

As we progress into Q3 of Fiscal Year 2020-2021, this playbook outlines our thoughts on every asset class and our plan to profit.

Part 1 of this playbook will cover our macro view, touching on Equities, Commodities, Currencies, and Rates, as well as outline our views on the major nifty indices and the sector/thematic indices.

Part 2 of this playbook will be out in the next few days and cover individual stocks we want to be buying and selling to take advantage of the themes discussed in part 1.

From the desk of Steve Strazza @Sstrazza

Thanks to everyone for participating in this Week's Mystery Chart. It featured a nice base breakout that had extended higher and was digesting its gains near our Fibonacci extension levels.

When we posted the chart earlier this week, price was pressing up against its most recent objective near the 423.6% extension.

We posed the following question: will price correct lower and confirm the potential bearish momentum divergence, or would momentum catch up with price and confirm it's latest all-time highs.

Your responses were overwhelmingly bullish due to the strong uptrend and momentum characteristics... and we would agree.

It isn't just the sexy high-tech names that are offering great opportunities. Sometimes, the best ideas can be the simplest ones.

After brushing my teeth this morning, I happened to be reviewing the list of stocks the ASC research team is watching. Call it kizmet, but the fresh tingle of clean teeth was still making itself known when I came across this chart:

As we progress into Q3 of Fiscal Year 2020-2021, this playbook outlines our thoughts on every asset class and our plan to profit.

Part 1 of this playbook will cover our macro view, touching on Equities, Commodities, Currencies, and Rates, as well as outline our views on the major nifty indices and the sector/thematic indices.

Part 2 of this playbook will be out in the next few days and cover individual stocks we want to be buying and selling to take advantage of the themes discussed in part 1.

These are the registration details for the live monthly conference call for Premium Members of All Star Charts.

This month’s Conference Call will be held on Monday October 19th at 6PM ET. As always, if you cannot make the call live, the video and slides will be archived and published here along with every other live call since 2015.

Here are the details for Monday:

The All Star Charts research team recently published our Quarterly Playbook for Q4. ASC subscribers can check it out here. And one of the highlighted semiconductor names has caught my attention for an opportunistic options trade.

Last week I was a guest on The Final Bar with my pal David Keller. Him and I always like to chat because we see the markets through a similar lens. We also have a lot of the same friends and we understand their perspectives as well.

In this video we kick it old school talking Dow Theory and Trend Identification. While things always seem to be changing and evolving in the market, the one constant is human behavior, fear and greed. That will never change. And therefore, the principles behind the study of those supply and demand dynamics don't change either.

We dive in around at the 12:41 mark. Check it out: