From the Desk of Kimmy Sokoloff

We have $AMZN and $AAPL earnings after the close.

It was a real tug of war for the indices today. Nearing the close, they were selling off the market.

Maybe a prelude to what's about to come...

From the Desk of Ian Culley @IanCulley

Rates are on the move again.

The US 30-year Treasury yield $TYX cleared numerous hurdles this week. 

It broke above a shelf of former highs, climbing to its highest level year-to-date. And, perhaps more importantly, it reclaimed its former 2014 high.

Add a potential failed breakdown in the US dollar index $DXY, and it’s starting to feel a lot like 2022.

But should we expect another bloodbath?

…Not necessarily.

Here’s a quick look at the US 30-year yield resolving higher from an 8-month consolidation:

The chart tells the story: Interest rates are kicking off the next leg higher as the underlying uptrend remains intact.

It’s no longer a matter of whether rates will fall later this year. It’s now more a...

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

The largest insider transaction on today’s list comes in a Form 4 filing by Loews Corporation.

The American conglomerate reported a purchase of $175 million worth of shares in CNA Financial Corporation $CNA.

From the Desk of Kimmy Sokoloff

We have some big, heavyweight earnings tonight, with $AMZN and $AAPL reporting.

The market is still pulling in, but August is typically a weak month.

We're in a tough spot, as names are in between.

This is the video recording of our August 2nd Monthly Charts Live Strategy Session

From the Desk of Steve Strazza @Sstrazza

Welcome to The 2 to 100 Club.

As many of you know, something we've been working on internally is using various bottom-up tools and scans to complement our top-down approach.

It's really been working for us!

One way we're doing this is by identifying 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...

From the Desk of Kimmy Sokoloff

$SPY dropped down to its 21-day moving average, and $QQQ broke below its own 21-day.

We'll see if this is a one-day wonder or if the Fitch downgrade has more meaning.

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

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

Sector rotation continues to pump new blood into the bull market that's been running for over a year now (yes, over a year, hater). And as it does, we love getting into stocks that are late joiners. These stocks have seen some tremendous rips. Just look at the chart of Caterpillar ($CAT) as but one of numerous examples I can point to. That's what today's trade has the potential to do.

Our Commodities Analyst Ian Culley recently reported on several energy stocks we need to be paying attention to. And one of them just got earnings out of the way. Implied volatility priced into its options was already suspiciously low before the earnings report, so this sets up a great opportunity for a simple long calls play.

And we've got a big round number up ahead that would represent new all-time highs which should act as a magnet to help us out.

The largest insider transaction on today’s list comes in a Form 4 filing by Blackford (Beau) F. Brauer, director at Commerce Bancshares $CBSH.

Brauer reported a purchase of CBSH shares worth $265,003.