It's happening.

Are you paying attention?

The best is when you're already moving on a position, and then new extremes in sentiment confirm the opportunity that you had already identified.

This is the setup currently in place for shares of Tesla stock.

Last week I told you how I had 2 separate experiences with normies who were telling me how much they hated Elon Musk. This was on an unsolicited basis. I didn't even ask.

See: The Libs Hate Elon & Tesla

It happened twice. In the same weekend. Civilians on both occasions.

So we immediately laid out the trade for Premium Members of ASC Research. You can access the...

Investors in the United States are panicking because their tech stocks are sucking.

Their irresponsibly large positions in Microsoft and Nvidia have come around to bite them in the rear.

Which investors have been sheltered from this pain? The ones who own Energy stocks! 

These shareholders have, for the most part, been treated poorly over the last 15 years. 

However, that wasn't the case in the post-COVID bull market. It also hasn't been the case so far this year.

As you can see, the Energy Sector SPDR $XLE is up over 8% this year. It's the best-performing sector.

Conversely, Technology $XLK and Consumer Discretionary $XLY have been significant laggards. They're the only sectors trailing the S&P 500.

We think this relative strength from energy can persist. Here's why 👇

The NYSE Natural Gas Index $XNG and the NYSE Oil & Gas Index $XOI are both in the process of resolving multi-decade basing patterns.

Structural trend reversals can be messy, but the path of...

From the desk of Steve Strazza @Sstrazza

Our Hall of Famers list is composed of the 150 largest US-based stocks.

These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.

It has all the big names and more.

It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that. Click here to check it out.

The Hall of Famers is simple.

We take our list of 150 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.

Let’s dive right in and check out what these big boys are up to.

Here’s this week’s list:

*Click table to enlarge view

We filter out any laggards that are down -5% or more relative to the S&P 500 over the trailing month.

Then, we...

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

1. New position in XLY.
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!

Today's trade feels like a rare find: a stock in a clearly defined uptrend, at or near all-time highs, and appearing to want more.

And the underlying company couldn't be further away from the tech sector that still needs time to repair.

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

1. New position in XLI.
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!

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 this one, it couldn't be any simpler!

With the goal of finding more bullish setups, we have decided to expand one of our favorite scans and broaden 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 only grows if price is rising. That's good enough for us.

The bottom line is it is a bull market. We...

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

1. New position in XBI.
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!

From the desk of Steve Strazza @Sstrazza

Welcome to The 2 to 100 Club.

In this scan, we look to identify the strongest growth stocks as they climb the market-cap ladder from small- to mid- to large- and, ultimately, to mega cap status (over $200B).

Once they graduate from small-cap to mid-cap status (over $2B), they come on our radar. Likewise, when they surpass the roughly $30B mark, they roll off our list.

But the scan doesn't just end there.

We only want to look at the strongest growth industries in the market, as that is typically where these potential 50-baggers come from.

Some of the best performers in recent decades – stocks like Priceline, Amazon, Netflix, Salesforce, and myriad others – would have been on this list at some point during their journey to becoming the market behemoths they are today.

When you look at the stocks in our table, you'll notice we're only focused on Technology and Growth industry groups such as Software, Semiconductors, Online...

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.

...