Stocks Archives - All Star Charts

Under The Hood (10-18-2021)

October 18, 2021 by Grant Hawkridge

From the desk of Steve Strazza @Sstrazza.

Welcome back to our latest “Under The Hood” column, where we’ll cover all the action for the week ended October 15, 2021. This report is published bi-weekly and rotated with our “Minor Leaguers” column.

What we do here is analyze the most popular stocks during the week and find opportunities to either join in and ride these momentum names higher, or fade the crowd and bet against them.

We use a variety of sources to generate the list of most popular names. There are so many new data sources available that all we need to do is organize and curate them in a way that shows us exactly what we want: a list of stocks that are seeing an unusual increase in investor interest.

Watch this video for a “behind the scenes” look at our process.

Whether we’re measuring increasing interest based on large institutional purchases, unusual options activity, or simply our proprietary lists of trending tickers, there’s a lot of overlap.

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International Hall Of Famers (10-15-2021)

October 15, 2021 by Steve Strazza

From the desk of Steve Strazza @Sstrazza

Our International Hall Of Famers list is composed of the 50 largest US-listed international stocks, or ADRs.

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 big US names on our original Hall Of Famers list.

The beauty of these scans is really in their simplicity.

We take the 50 largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.

Let’s dive in and take a look at what some of the largest stocks around the world are doing.

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2 to 100 Club (10-13-2021)

October 13, 2021 by Steve Strazza

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 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 Retail, Solar, etc.

Then, like any good technician, we filter the list down to those that are closest to new highs. This allows the cream of these strong groups to rise to the top and helps streamline our mission to identify technical breakouts in the top-performing stocks.

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Young Aristocrats (October 2021)

October 13, 2021 by Steve Strazza

From the desk of Steve Strazza @Sstrazza

Dividend Aristocrats are easily some of the most desirable investments on Wall Street. These are the names that have increased dividends for at least 25 years, providing steadily increasing income to long-term-minded shareholders.

As you can imagine, the companies making up this prestigious list are some of the most recognizable brands in the world. Coca-Cola, Walmart, and Johnson & Johnson are just a few of the household names making the cut.

Here at All Star Charts, we like to stay ahead of the curve. That’s why we’re turning our attention to the future aristocrats. In an effort to seek out the next generation of the cream-of-the-crop dividend plays, we’re curating a list of stocks that have raised their payouts every year for five to nine years.

We call them the Young Aristocrats, and the idea is that these are “stocks that pay you to make money.” Imagine if years of consistent dividend growth and high momentum & relative strength had a baby, leaving you with the best of the emerging dividend giants that are outperforming the averages.

By adding our technical analysis to the mix, the Young Aristocrat setups give you the opportunity to own the best of the market’s future blue-chip winners before they become must-own household names.

Oftentimes, the strongest performers in this universe and even the Aristocrats themselves pay relatively small dividends. This is usually because the stock appreciation makes it tough to keep up with the payout–even for companies that consistently grow their yield in the double-digits! For this reason, we don’t have a minimum threshold for the dividend. What we’re really doing here is creating a list of quality stocks based on their ability to persistently grow their shareholder return.

And maybe the best part? This list is not just designed for long-term investors. Any kind of investor or trader can use this list as it helps generate ideas across all timeframes, even the short term. Remember, some of the most important filters we use for this list are momentum, relative strength, and proximity to new highs.

So, let’s keep it real: These stocks are going up across all time horizons.

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The Tata Group Universe

October 13, 2021 by Rashmi Bhatnagar

What’s the one thing that’s on everyone’s mind today? What has caught your attention today? Or rather, what has demanded your attention today? The Tata Group of course! Such a move hasn’t come along in this group in the longest time. A post dedicated to this group is definitely the need of the hour. The Tata Group is synonymous with Trust, Integrity, and Loyalty. There is a certain feel-good factor added to the group based on the people at the helm and their activities. While there is a place for everything, once you look at price action, nothing else matters. That’s the beauty of Technical Analysis I guess. It encompasses all possible pieces of information and presents to you a price level that reflects everything. Quite powerful, when you really think about it. So here we are today, taking a look at a reputable conglomerate that has been making money for investors for years together! Since there are so many constituents in this group, I don’t think it qualifies to be a Solar System. I feel it’s a whole Universe by itself. So what do we like in this universe at the moment? Let’s take a look, shall we? [Read more…]

The All Star Momentum Scan

October 13, 2021 by Rashmi Bhatnagar

We debuted a new scan recently which goes by the name- All Star Momentum.

All Star Momentum is a brand new scan that pinpoints the very best stocks in the market. This time around, we have incorporated our stock universe of Nifty 500 as the base. Among the 500 stocks that we follow, this scan will pump out names that are most likely to generate great returns.

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Energy Economies Are the International Leaders

October 12, 2021 by Steve Strazza

From the desk of Steve Strazza @Sstrazza

Crude oil is at its highest level since 2014 after it took out resistance around 76.

Energy stocks just ripped off of support and are back above a key level of resistance, trading at highs not seen since early 2020.

Economically sensitive commodities and cyclical stocks, in general, remain very well bid.

Meanwhile, the mainstream media is hung up on narratives surrounding stagflation and the possibility of a global recession. But we’re just not seeing this at all when we look at price.

Risk assets are performing as well as they have all year. And, when we look outside the US, while there’s definitely been selling pressure around the world, the areas that stick out all seem to have something in common.

The energy-dependent countries are showing leadership.

This supports the recent price action from energy futures and stocks, many of which have been ripping to fresh highs.

In today’s post, we’ll take a look at some international equities we can use to express a bullish thesis on higher oil prices — and higher prices for risk assets more broadly.

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