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:

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

1. New position in ITB.
2. No adjustments are needed today.
3. No exits since the last report.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

Since gold futures hit our second target, the entire complex has undergone a corrective wave. 

While the market hasn't given us the all-clear signal yet, the correction seems closer to the end than the beginning.

Demand for gold worldwide continues to increase, and our intermarket analysis suggests the party is just starting for gold bugs across the galaxy. 

Moreover, our COT sentiment indicator is flashing a buy signal:

The market's mood is for higher prices. It's a Bull Market.

Thus, it's no surprise that a data company providing important information to investors is riding the wave higher.

It pays to buy dips in strong stocks during bull markets, and today, one such opportunity is presenting itself.

From the Desk of Steve Strazza @Sstrazza

Welcome to The Minor Leaguers.

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.

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

1. New position in XME.
2. No adjustments are needed today.
3. Closed SMH at profit target.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

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