Last week, we held our January Monthly Conference Call, which Premium Members can access and rewatch here.
In this post, we’ll do our best to summarize it by highlighting five of the most important charts and/or themes we covered, along with commentary on each.
Check out crude oil futures slicing through the 75 level:
Kudos to those who took the signal, as it’s over a third of the way to our target of 83.
Crude is up 0.75% today alone, heading into the close with an intra-day high of 78.21. I like seeing strength heading into Friday’s close, as it often spills into the following week.
I imagine crude will hit our target within the next few weeks.
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 sort the remaining names by their proximity to new 52-week highs.
Despite their current rallies, the average investor isn’t concerned with cocoa, cotton, and lean hog futures.
I get it… What do lean hog futures have to do with Tesla $TSLA?
But Dr. Copper – with its Ph.D. in economics – is ripping higher this week.
And crude oil is trading above our risk level outlined last month.
Check out crude oil futures slicing through the 75 level:
Kudos to those who took the signal, as it’s over a third of the way to our target of 83.
Crude is up 0.75% today alone, heading into the close with an intra-day high of 78.21. I like seeing strength heading into Friday’s close, as it often spills into the following week.
I imagine crude will hit our target within the next few weeks.
I’m taking profits at our target without question. The 83 level marks a logical potential resistance zone. And crude trades closer to the lower bounds of a much larger consolidation.
I believe crude will eventually break above 83 further down the...
Welcome to TheJunior International Hall of Famers.
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-listed international stocks, or ADRs.
This scan is composed of the next 100 largest stocks by market cap, those that come after the top 100 and are thus covered by the International Hall of Famers universe.
Many of these names will someday graduate and join our original International Hall Of Famers list. The idea here is to catch these big trends as early on as possible.
Let's dive right in and check out what these future big boys are up to.
This is our Junior International Hall of Famers list: