The largest insider transaction on today's list is a Form 4 filing by Daniel Durn, the CFO of Adobe $ADBE.

Durn reported a purchase worth roughly $936,357. He was appointed CFO this time last year.

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

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; click here to check it out.

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:

The most significant insider activity on today's list comes in Form 4 filings by Robert Harris and Jonathan Glaser, directors of Hudson Pacific Properties $HPP.

Harris and Glaser filed Form 4s reporting purchases worth a combined $393,320.

Tuesday night we held our September Monthly Conference Call, which Premium Members can access and rewatch here.

In this post, we’ll do our best to summarize it by highlighting five of the most important charts and/or themes we covered, along with commentary on each

Let’s get right into it!

Today’s Hot List is a short one.

Sometimes the best course of action ahead of a Federal Open Market Committee meeting is to sit on the sidelines until the dust settles.

This is exactly what insiders have done this week, as there’s been little activity in recent days, and almost none yesterday.

From the Desk of Steve Strazza @Sstrazza

When investing in the stock market, we always want to approach it as "a market of stocks."

Regardless of the environment, there are always stocks showing leadership and trending higher.

We may have to look harder to identify them depending on current market conditions. But there are always stocks that are going up.

The same can be said for weak stocks. Regardless of the environment, there are always stocks that are going down, too. 

We already have multiple scans focusing on stocks making all-time highs, such as Hall of Famers, Minor Leaguers, and the 2 to 100 Club.

We filter these universes for stocks that are exhibiting the best momentum and relative strength characteristics. 

Clearly, we spend a lot of time identifying and writing about leading stocks every week, via multiple reports.

Now, we're also highlighting lagging stocks on a recurring basis.

Welcome to the Short Report.

This is the video recording of our September 21, 2022, Inside Scoop Weekly Strategy Session.

The most significant insider activity on today's list comes in a Form 4 filing by Douglas A. Pepper, director of Braze Inc $BRZE.

Pepper reported a purchase worth roughly $14 million.

The largest insider transaction on today's list is a Form 4 filing by the CEO of Ivanhoe Electric Inc $IE, who reported a purchase worth roughly $3.3 million.

The only 13G on our list today was filed by Boxer Capital, LLC. The investment firm revealed an initial 5.70% ownership stake in SpringWorks Therapeutics $SWTX.

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.

From the desk of Steve Strazza @Sstrazza.

Welcome back to our latest Under The Hood columne, where we'll cover all the action for the week ended September 16, 2022. 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.

From the desk of Steve Strazza @Sstrazza

Our Top 10 Charts Report was just published.

In this weekly note, we highlight 10 of the most important charts or themes we're currently seeing in asset classes around the world.

New Lows for Big Tech

When it comes to the most important stocks, it’s all about tech. Mega cap technology companies dominate the US indexes and are in just about everyone's portfolio. The chart below illustrates just how paramount their performance is for the broader market. We have overlaid the relative trend between technology stocks and the S&P 500 with the Nasdaq 100 on absolute terms.