The team over at Fox Business asked me to come on this week to talk about what I'm seeing in the market.

In this short clip, I talk to Charles about the Sentiment unwind that we've been seeing and whether or not it's got legs.

I think it does.

Here's the interview in full. I come in at the 9:35 mark.

The largest insider buy on today's list is a Form 4 filing by William Clay Ford Jr., the executive chair of Ford Motor $F, who reported a purchase of roughly $4.5 million.

Coliseum Capital Partners continues to build its position in GMS Inc $GMS, as it just filed its second Form 4 in the last week.

We retired our "Five Bull Market Barometers" in 2020 to make room for a new weekly post that's focused on the three most important charts for the week ahead.

This is that post, so let's jump into this week's edition.

From the desk of Steve Strazza @Sstrazza

Welcome to our latest Minor Leaguers report.

We’ve had some great trades come out of this small-cap-focused column since we launched it back in 2020 and started rotating it with our flagship bottom-up scan, Under the Hood.

For the first year or so, we focused only on Russell 2000 stocks with a market cap between $1B and $2B.

That was fun, but we wanted to branch out a bit and allow some new stocks to find their way onto our list.

The way we did this is simple…

To make the cut for our revised Minor Leaguers list, a company must have a market cap between $1B and $4B.

From the desk of Steve Strazza @sstrazza

This is one of our favorite bottom-up scans: Follow the Flow. In this note, we simply create a universe of stocks that experienced the most unusual options activity — either bullish or bearish… but NOT both.

We utilize options experts, both internally and through our partnership with The TradeXchange.

Then, we dig through the level 2 details and do all the work upfront for our clients. Our goal is to isolate only those options market splashes that represent levered and high-conviction, directional bets.

We also weed out hedging activity and ensure there are no offsetting trades that either neutralize or cap the risk on these unusual options trades.

It's easy to get lost in the weeds.

As humans, we're vulnerable to it.

So it's important to understand the way our minds work and set up gates that can bring us back home, to what's important.

In the case of trading and investing, being on the right side of the trend.

A great way to do that is by zooming out.

Here's Bitcoin, for example, going back to 2014.

Doesn't this give you a much different perspective compared to most Bitcoin charts you see?

Turtle Creek Asset Management continues to build its position in the door and window manufacturer JELD-WEN Holding $JELD. 

Friday’s Form 4 filing is its fourth filing in just two weeks and reveals an additional $16.5 million of share purchases.

We are almost done with the first quarter of the calendar year and the last quarter of our financial year. There are certain sectors that are peeping out from beneath the surface and hence attracting attention. Is this a theme we may see play out in the quarter going forward? Most likely. Most sectors have remained sideways or subdued in their move and they are finally picking a side!

Today we are here to discuss one such sector and some interesting setups that one could take advantage of.

Let's see what's on the roster sheet today.

We mentioned this in the recently concluded conference call, and we'll say it again- Bouncebacks are here! From within the price bouncebacks that we're seeing certain sectors are displaying more strength. One such sector is the Industrials. We're talking about the Industrial Manufacturing sector, so don't go looking for the US sector XLI.

From the desk of Steve Strazza @Sstrazza

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 which you can check out here.

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:

From the desk of Steve Strazza @Sstrazza

The biggest theme on our Hot List and Inside Scoop tables has been the strength from commodity stocks.

Since we launched the column, we’ve discussed the strength from energy stocks like Occidental Petroleum $OXY, agricultural stocks like Corteva $CTVA, and industrial metal names such as Freeport-McMoRan $FCX.

These names have all recently broken out and continue to show leadership. When the same theme continues to work, we want to continue to bet on it.

And that’s exactly what we’re doing with today’s setup.

Revolution Medicines $RVMD director Thilo Schroeder is back on our list for the third time in just two weeks with another Form 4 filing.

Following last week’s $3.4 million buy, he revealed an additional $5.5 million purchase in his latest filing.

The question keeps coming up.

As it should.

"JC, do you think this bounce in Growth has legs?"

And the answer is that yes, I think it could. There are some nice trades in these beat up growth areas that have set up very nicely.

We discussed a few of these once again on Monday night.

But I believe this one really depends on your time horizon.

Can Growth outperform for a bit? Sure.

But do I think it can do that throughout the rest of the year?

No I don't.

Here's the Large-cap Growth vs Value in black, as well as the Small-cap Growth vs Value in Blue: