Welcome back for another Top Down Trade of the Week. 

This is a classic leadership scan.

We start with the best sectors, then drill into the subgroups. We pick one, and then take a look at the top stocks in it. 

This week’s standout is Materials, holding steady at the number four spot in our sector rankings.

It’s not the first time we’ve highlighted Materials since we began publishing this scan. Strength has been quietly building under the surface for a while now.

Just last week, $XLB posted its best relative performance versus the broader market in over five years.

I'm open to the idea of a big rotation into cyclicals in the back half of this year.

Here is a look at our overall industry rankings, which shows...

For months now, we’ve been pounding the table on Copper. 

Now, the trade is on fire. Copper futures had their best day ever on Tuesday after news of new tariffs from the Trump campaign.

This move also resulted in the first overbought reading on the 14-day RSI since March, marking the beginning of a new bullish momentum regime.

We've also been betting on the miners playing catch-up, and sure enough, that's working, too.

But as strong as that move was, Copper isn’t alone. 

Gold rang the dinner bell over a year ago with new all-time highs in March 2024. 

Since then, we've watched precious metals like Silver,...

After several false starts, the world’s largest cryptocurrency finally got it done. 

With some solid momentum right out the gate, my only question is… 

How far will it run?

And I think it’s bigger than BTC this time around. I’m looking for the altcoins to finally buy in and kick off a broad crypto bull market. 

If you look beyond the blue-chip alts, most of these tokens have been going through accumulation for years— carving out massive rounding bottoms.

I’m looking for these patterns to morph into fresh uptrends… one after the next. And soon.

What I’m really saying is get ready for an altcoin summer.

And here’s the main reason why. 

The squeeze indicator in the lower pane shows that volatility is absolutely depressed in BTC, and has been for a while. 

Everyone keeps assuming the Fed is done. That rates peaked in 2023. That the next move is down. That the cycle has run its course and we’re heading back to easy money.

But here’s the thing: the market says otherwise.

The 30-year yield has been grinding higher for most of 2025—not violently, not emotionally, just relentlessly. 

Quiet pressure. And when you see that kind of persistent strength at the long end, while the Fed Funds rate sits frozen? That’s not noise. That’s not a shrug. That’s a message.

And this pattern? We’ve seen it before. 

In 2018, the Fed hiked into weakness. The 30-year had already peaked, already started to roll over. The bond market was waving red flags. Powell didn’t listen. They pushed one step too far, broke the system, and were forced to reverse course.

The market knew first. The Fed caught up too late.

Then in 2024, it happened again—only flipped.

The Fed started cutting. But the 30-year? It didn’t follow. It rose. Why? Because that cut wasn’t about collapsing demand. It was...

From the desk of Steve Strazza @Sstrazza

Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.

We've also sprinkled in some of the largest ADRs from countries that did not make the market cap cut. 

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 largest US stocks on our original Hall of Famers list.

The beauty of these scans is really in their simplicity.

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

Based on the market environment, we can also flip the scan on its head and filter for weakness.

Let's dive in and take a look at some of the most important...

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...

We’ve spent the better part of this year highlighting one breakout after another against the Greenback. The evidence is everywhere you look. 

Emerging-market currencies, developed-market FX, precious metals, and international equities. All these things are working.

This is more than just a handful of datapoints. It’s textbook intermarket behavior. And it’s what a weak dollar cycle looks like. 

If you’re still trying to figure out where to put your money when the Dollar’s trending lower, you don’t have to guess. History has made it clear:

This is the All Star Charts Weak Dollar Composite, a custom index we built to track this basket of assets. They all have one very important thing in common: they outperform when the Dollar is falling.

See how tight that inverse relationship is?

When the Dollar is in bullish regimes, these assets take a back seat. When the Dollar is in a bearish regime, they tend to lead. 

And it’s not just this cycle. You can zoom out forever and see this intermarket action repeat throughout history. We’ve seen it before...

As most major averages print fresh all-time highs, short sellers are getting squeezed hard.

They’ve been caught leaning too far in the wrong direction, and now they’re scrambling to unwind their bets as prices surge. 

That panic creates the perfect fuel for our Freshly Squeezed strategy - where we hunt for the most explosive short-squeeze candidates before they go vertical.

And right now, the leaderboard is lighting up.

As you can see, Big Bear AI $BBAI, New Fortress Energy $NFE, and Prime Medicine $PRME are at the top of the leaderboard. 

Over the last 10 trading sessions, they've rallied 95.7%, 90.7%, and 72.8%, respectively.

These are precisely the kinds of parabolic moves we aim to catch early.

We’re also tracking squeeze candidates by short interest and days-to-cover...

This is the weekly post that aggregates all the charts we put together throughout the week and organizes them all into one, easy to flip through deck.

Last week, we wrote about Copper futures breaking out to all-time highs, while the Copper Miners ETF $COPX is starting to play catch-up. 

The three copper miner trades we outlined for premium members last week are soaring to new highs. We think there's a tremendous amount of upside remaining.

That rally isn’t happening in a vacuum. 

It’s part of a much larger shift we’re seeing across the entire Base Metals space.

After years of choppy sideways action, Industrial Metals are beginning to trend again. 

Breakouts are happening. 

Leadership is expanding. 

And just like Copper, we’re now seeing signs of accumulation and strength in other key areas.

Let’s take a closer look at the...

From the desk of Steve Strazza @Sstrazza

Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.

We've also sprinkled in some of the largest ADRs from countries that did not make the market cap cut. 

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 largest US stocks on our original Hall of Famers list.

The beauty of these scans is really in their simplicity.

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

Based on the market environment, we can also flip the scan on its head and filter for weakness.

Let's dive in and take a look at some of the most important...

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...