The next new position in our Paid-to-Play portfolio is:

Today’s Hot List is a short one.

The CEO, the CFO, the general counsel and the chief people officer of WD-40 Company $WDFC all filed Form 4s reporting purchases of their own stock for a combined amount of $267,366.

From the Desk of Kimmy Sokoloff

Last week was a battle.

It was a complete tug of war.

As it turns out, markets can remain solvent longer than you can remain irrational.

Stocks continue to catch a bid. This is despite any so-called "banking crisis" or even the "upcoming recession" that I've been hearing about for so long.

Markets remain solvent as the major US Large-cap Indexes keep pushing up against new highs.

This is the weekly post that aggregates all the charts we put together throughout the week and organizes them all into one, easy to flip through deck.

From the desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts

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.

Here’s this week’s list:

From the Desk of Ian Culley @IanCulley

There’s no doubt about it: Fundamentals drive markets over longer time frames.

It’s a common misconception that technical analysts don’t believe in fundamental analysis. 

That’s not true.

Many of us simply chose to follow price for a multitude of reasons. Price always made sense to me, especially since it pays at the end of the day.

Whether you use fundamentals or technicals to inform your investment decisions comes down to philosophy. 

Remember, we’re all solving the same puzzle – just from different perspectives…

Check out the dual-pane chart below of the CRB Index and the overall CPI percentage change from a year earlier:

From the Desk of Kimmy Sokoloff

$SPY hit the 415 mark and then pulled in.

And then this market limped into the close.

Tech was weak once again, and this might be a continuing theme. 

There are some big cap software stocks on the verge of resolving out of beautiful bases to the upside. Of course, we have to be on the ball to avoid earnings landmines as it's that time of the year.

That said, my favorite chart among these big caps that still has breathing room in it (about six weeks) before we have to deal with their next earnings report is Salesforce $CRM.

Check out this chart:

The next new position in our Paid-to-Play portfolio is:

For many years, we had to hear those miserable gold bugs telling us how inflation was coming and Gold would be our savior.

Well, inflation came in harder than at any point in over 40 years and Gold prices fell.

So the same people who owned the only asset not making any money for an entire decade, got it wrong again.

I can't believe it.

So here we are, Gold prices are pressing up against all-time highs again, now that inflation expectations have been falling off a cliff.

The most significant insider transaction on today's list comes in a Form 4 filed by FedEx Corporation $FDX director Stephen E. Gorman.

Gorman reported a purchase of FDX stock worth $249,204.