Programming Note: We will not be hosting our Daily Morning Show this Monday, Tuesday or Wednesday. Our entire team will be together in New York City for our 2-day Portfolio Accelerator.
If you would like to learn more about joining us LIVE for our Weekly Team Meetings, Monthly Townhalls and our next Private event this May, we encourage you to apply here.
I've been waiting for this week for a long time.
For those of you who've been following along, you know we get together as a team once a week formally to discuss markets, new trade ideas, any risks out there and overall strategy for the current environment.
We've been hosting these meetings for years. But until recently, those meetings were just private for the traders and analysts on our team.
This year we decided to open it up to other investors that would like to join in and listen to the weekly discussions.
You notice how the world's worst investors keep pointing to small-cap underperformance as a justification for missing this entire bull market?
Even with the S&P500, Nasdaq100 and Dow Jones Industrial Avg all hitting new all-time highs this week, they'll tell you it doesn't count because the Russell2000 can't keep up.
These groups of individuals fall into 2 camps: They are either really really bad at this counting thing. OR, and more commonly seen, is that they're just lying to you.
This note is for the latter group.
The way I see it, if you're going to be a good liar, there are some simple rules to follow.
The housing sector continues to perform well, and it makes sense that companies in the mortgage business should come along for the ride.
One of those names had a big push into the end of the year, and then had a monster pull back to start 2024. We think this reversal may be a bit overdone and the stock is now at a level where we can take an advantageous position with minimal downside from here.
Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.
We've also sprinkled in some of the largest ADRs from countries that did not make the market cap cut.
These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.
It's got all the big names and more–but only those that are based outside the US. You can find all the largest US stocks on our original Hall of Famers list.
The beauty of these scans is really in their simplicity.
We take the largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.
Based on the market environment, we can also flip the scan on its head and filter for weakness.
Let's dive in and take a look at some of the most important stocks from around the world.
