From the Desk of Ian Culley @IanCulley

Stocks only go up.

Bitcoin is screaming its way back to the former all-time highs. Crude is printing multi-month highs. Even gold is breaking out to new all-time highs after going nowhere for years.

We’re entering the Davey Day Trader part of the cycle — green hammer and all.

Everything is trending higher. Everything except the dollar, that is…

The US Dollar Index $DXY is trading smack dab in the middle of last year’s October-to-December decline:

DXY rebounded to start the year only to find resistance at a critical retracement level.

It’s your standard trendless mess offering little insight into the dollar's next move.

While the ...

In today's Daily Digest, we'll review:

1. No new positions today.
2. Adjustment to SMH position
3. No exits since the last report.
4. Current status of open campaigns.

Let's dig in!

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes via Form 4 filings by Warren Buffett and Berkshire Hathaway.

Buffett and Berkshire reported purchases in The Liberty SiriusXM Group $LSXMA for a total amount of $107 million.

Last year's leaders keep falling one by one.

Apple fell yesterday, again, to break down to new 52-week lows relative to the S&P500.

You're seeing similar behavior from Google and Tesla as well.

Here is a list of trade ideas organized by date, ticker symbol and directional bias. Please make sure you have clicked on the link and read the details surrounding the trade before acting upon any of them. Also, make sure you have checked with your financial advisor and tax accountants to make sure you are suitable to be executing what is discussed on this website. The risk management procedures and targets are detailed for each idea. Please read and review the terms and conditions page before making any trades of your own.

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.

With our Short Report scan, we're also highlighting lagging stocks on a recurring basis.

We publish this...

Today's trade is in a name that has the potential to really rip. Of course, the nature of this type of trade is that it has a lower probability of success.

But if we get it right, our potential gains will likely be exponentially higher than any heat we're likely to take in this trade if we're early or wrong.

So let's get right to it.

In today's Daily Digest, we'll review:

1. No new positions today.
2. Adjustment to XLU position
3. No exits since the last report.
4. Current status of open campaigns.

Let's dig in!

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in Form 4 filings by the CEO and the CFO of Keurig Dr Pepper Inc $KDP.

The executives bought KDP shares worth a combined total of $7.5 million.

Fun fact, did you know I used to be a Gold Bug?

That's right.

In the early years of my career, being a Gold Bug was actually cool.

Throughout the 2000s, not only were Gold prices going up, they were also outperforming stocks and bonds, by a lot.

I was that guy.

Bitcoin has hit our primary long-term target of the former all time highs near the upper 60,000s. So what now? Does the entire asset class cool-off? Or does money rotate from the extended names down into the assets only beginning to participate?

I’m reading Annie Duke’s latest book “Quit: The Power of Knowing When to Walk Away.” Though I’m only about halfway through it I can already confidently recommend this book to traders.

The book isn’t addressed to traders, though it frequently references our profession in its anecdotes and many of the stories are very relatable.

And it certainly has me thinking about better ways to decide to quit a trade, quit a strategy, or quit a product.

I frequently go down rabbit holes, experimenting with models to extract consistent, repeatable, acceptably risk-adjusted returns via index options. I’ve written about my near-constant...