This is the video recording of the May 17, 2023, Inside Scoop Weekly Strategy Session.

This is the video recording of the May 2023 Mid-month Conference Call.

From the Desk of Kimmy Sokoloff

And, once again, this market is range-bound...

There are still opportunities out there, you just have to look for them.

The largest insider buy on today's list comes in a Form 4 filed by the co-founder and executive vice-president of DISH Network Corporation $DISH, James DeFranco.

DeFranco revealed a purchase of $18.5 million worth of DISH shares.

From the Desk of Kimmy Sokoloff

The market awaits debt ceiling negotiations, and we have quite a few Fed speakers today as well.

We're still in a range, and time will tell which way we break.

From the Desk of Steve Strazza @Sstrazza.

Welcome back to Under the Hood, where we'll cover all the action for the week ended May 12, 2023. This report is published bi-weekly and rotated with The Minor Leaguers.

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.

From the Desk of Kimmy Sokoloff

The market was full speed ahead today.

And $SPY held on to the 410 support area once again...

This is what almost everyone I speak to tells me is going to happen.

They expect a failure up here in the S&P500, an inability to make new highs and instead, just an overwhelming rollover in stocks.

Here's what that looks like:

The largest insider transaction on today’s list is a Form 4 filing by Coliseum Capital Management LLC.

The hedge fund reported a purchase worth roughly $3.4 million in ModivCare $MODV.

From the Desk of Kimmy Sokoloff

We saw a nice late-day rally in the market on Friday.

We're still in the chop zone, and we literally have about 14 Fed speakers this week...

From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts

Selling pressure is spreading among cyclical groups, but we continue to find plenty of bullish chart setups in names with insider activity.

Most of the stocks we're buying these days are concentrated in growth industries, but there's also a healthy mix of consumer names that are trending well.

We even have an insurance stock in today's report. It's rare to find a financial making new highs in today's environment, which is all the more reason to like it.

Let's dive in and talk about some stocks we're buying right now.

From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts

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 stocks from around the world.

Here’s this week’s list: