We had a resting GTC order filled at our target in the Paid-to-Play portfolio today:

Well, every attempt I've made at wading back into the bull market pool has been swiftly met by a destabilizing splash made by a bear cannonballing off the diving board.

So, until further notice, I'm going to hang by the cabana sipping on my virgin daiquiri and waiting for calmer waters.

Meanwhile, I'm going to attempt to get paid while I wait by selling some delta-neutral premium in a (relatively) safer area of the market, as defined by a powerful bounce of recent lows in consumer staples.

We've adjusted a position in the Paid-to-Play portfolio today:

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Dan Wilks, founder of ProFrac Holding Corp $ACDC.

Wilks revealed a purchase of 603,478 shares in ACDC, worth over $5.4 million.

Did you think inflation was just going to come and go?

Just like that? And now we all move on?

I highly doubt that it's that simple.

According to the bond market, inflationary pressures are likely just getting started.

This is a $120 Trillion asset class that's so big there's just no where to hide.

For instance, take a look at the Inflation-protected Treasury Securities, that we refer to as TIPs. And when you compare them to nominal yielding Treasury Bonds, you'll notice the new 52-week highs this week in the ratio between the two.

This is what the bond market is pricing in for inflation. Not the angry economist on the internet. Not the pretty lady on basic cable.

This is the bond market. This is whose opinion actually matters:

From the Desk of Steve Strazza @Sstrazza

We love our bottoms-up scans here at All Star Charts. We tend to get really creative when making new universes as we want to be sure they will deliver us the best opportunities the market has to offer.

However, when it comes to our newest scan, it couldn't be any simpler!

With the goal of finding more bullish setups, we expanded one of our favorite scans and broadened our regular coverage of the largest US stocks.

Welcome to The Junior Hall of Famers.

This scan is composed of the next 150 largest stocks by market cap, those that come after the top 150 and are thus covered by the Hall of Famers universe. Many of these names will someday graduate and join our original Hall Of Famers list. The idea here is to catch these big trends as early on as possible.

There is no need to overcomplicate things. Market cap is a quality filter at the end of the day. It grows as the stock price rises. That's good enough for us.

We've adjusted a position in the Paid-to-Play portfolio today:

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Stellantis N.V., which reported a purchase of $70 million in Archer Aviation Inc $ACHR.

The multinational automaker now holds a 16.20% stake in ACHR.

From the desk of Steve Strazza @Sstrazza

Dividend Aristocrats are easily some of the most desirable investments on Wall Street. These are the names that have increased dividends for at least 25 years, providing steadily increasing income to long-term-minded shareholders.

As you can imagine, the companies making up this prestigious list are some of the most recognizable brands in the world. Coca-Cola, Walmart, and Johnson & Johnson are just a few of the household names making the cut.

Here at All Star Charts, we like to stay ahead of the curve. That's why we're turning our attention to the future aristocrats. In an effort to seek out the next generation of the cream-of-the-crop dividend plays, we're curating a list of stocks that have raised their payouts every year for five to nine years.

We call them the Young Aristocrats, and the idea is that these are "stocks that pay you to make money." Imagine if years of consistent dividend growth and high momentum and relative strength had a baby, leaving you with the best of the emerging dividend giants that are outperforming the averages.

From the Desk of Steve Strazza @Sstrazza

When investing in the stock market, we always want to approach it as "a market of stocks."

Regardless of the environment, there are always stocks showing leadership and trending higher.

We may have to look harder to identify them depending on current market conditions. But there are always stocks that are going up.

The same can be said for weak stocks. Regardless of the environment, there are always stocks that are going down, too. 

We already have multiple scans focusing on stocks making all-time highs, such as Hall of Famers, Minor Leaguers, and the 2 to 100 Club.

We filter these universes for stocks that are exhibiting the best momentum and relative strength characteristics. 

Clearly, we spend a lot of time identifying and writing about leading stocks every week, via multiple reports.

Now, we're also highlighting lagging stocks on a recurring basis.

Welcome to the Short Report.

Gold has leaned sideways to lower lately.

The US dollar and interest rates continue to rise, creating unfavorable conditions for the yellow metal and its crazy cousin, silver.

As long as those trends remain intact, precious metals will struggle. And they have... until very recently.

Regardless of the broader intermarket landscape, I can't ignore near-term strength for these shiny rocks...

From the Desk of Ian Culley @IanCulley

The US Dollar Index $DXY is chopping smack-dab in the middle of a three-week range.

Currency markets are quiet. The euro, the pound, and the yen have all dialed back the volatility.

But there’s nothing wrong with the sideways action.

And in no way does it diminish the underlying uptrend for the dollar. 

In fact, the near-term trendless range makes sense in light of DXY’s recent run and the long-term support levels in play for major currencies.

Check out the DXY with the number of consecutive up weeks in the lower pane: 

Eleven weeks in a row! The index climbed higher for almost three straight months. 

A period of consolidation not only makes sense but politely adheres to the law of gravity.