From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes via a handful of filings by the CEO and chairman of OPKO Health $OPK, Phillip Frost.

Frost reported an additional purchase of 400,000 OPK shares, equivalent to $386,200.

Last night was one of the most important LIVE Conference Calls that we've had in a long time.

The beginning of the year shenanigans are behind us, the market has settled into 2024, and this all allows us to focus on the most important trends.

This is the video recording of the January 2024 Mid-month Conference Call.

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 and 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,...

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes via Form 4 filings by Warren Buffett and Berkshire Hathaway.

Buffett and Berkshire reported purchases in The Liberty SiriusXM Group  for a total amount of $84,970,847.

I wouldn't say that volatility is high, but it is higher than what we've grown accustomed to over the past few months.

Tesla has earnings coming up and the animal spirits are out.

Traders do not have patience. They are willing to pay a high number to own call options, and put options as well.

So we're taking advantage of their poor spending habits and happily accepting their donations.

Look at this mess. Can you find me a messier stock?

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...

This is the video recording of the January 17, 2024, Hot Corner Insider Weekly Strategy Session.

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes via a handful of filings by the CEO and chairman of OPKO Health $OPK, Phillip Frost.

Frost reported a total purchase of 1,000,000 OPK shares, equivalent to $954,300.

Many Small-caps have been leaders from the very beginning of this bull market.

Even through the first couple of weeks of 2024, which haven't been great, Small-cap Industrials are still up over 42% since the Summer '22 lows. Small-cap Consumer Discretionary is up over 37%.

Both of these have outperformed even the S&P500 during this period.

So maybe the "Russell2000" has underperformed. But that doesn't mean that "Small-caps" have underperformed.

It's on a case by case basis.

Here is a list of our Minor Leaguers, for example, which include the strongest stocks between $1 Billion - $4 Billion in market cap:

From the Desk of Steve Strazza @Sstrazza

Welcome to The Minor Leaguers.

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 $1 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.

We expanded our universe to include some mid-caps.

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

And it doesn't have to be a Russell component — it can be any US-listed equity. With participation expanding around the globe, we want all those ADRs in our universe.

The same price and liquidity filters are applied. Then, as always, we sort by proximity to new highs in order to...

Coming into 2024, we already had a nice list of things that needed to happen to approach the market from a much more defensive perspective.

Let's remember that throughout the 4th quarter we were going out of our way to be more aggressive than even we were accustomed to.

It was a different environment.

And while we did not know what 2024 would bring, we still don't, at least we came in with a good list of developments that would likely be occurring before a more severe correction was underway.

Remember, the new highs list peaked on December 14th. So that means we're over a month into a market correction that you can only see taking place...