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.

Nowadays, to make the cut for our Minor Leaguers list, 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...

In today’s Daily Digest, we’ll review the following:

1. New position in XME.
2. No adjustments are needed today.
3. Closed SMH at profit target.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

Join us this morning and every weekday LIVE at 8:30AM ET for the Best Morning Show in Finance.

I know there were some shows out there before we got here. And there are certainly folks out there trying to create new morning shows.

Good luck!

Their friends aren't as smart as our friends. Their friends aren't as cool as ours.

And their friends aren't willing to open up and share their thoughts with the world as regularly as our friends.

I know we're blessed. Not everyone can have a crew like ours. And that's why I introduce them to you every single weekday. It's the least I can do.

...

[Action Needed]

Click here to get 40% off an annual membership to ASC Premium Research.

That's 40% off our twice-monthly conference calls, exclusive market scans & trade ideas, and RANGEFINDER APP to track all our trades in real-time.

Enter the offer code "blackfriday"

...

[Action Needed]

Click here to get 40% off an annual membership to ASC Premium Research.

That's 40% off our twice-monthly conference calls, exclusive market scans & trade ideas, and RANGEFINDER APP to track all our trades in real-time.

Enter the offer code "blackfriday"

...

*NOTE* Register here for the next All Star Charts Conference Call on Tuesday, December 3rd at 8:00 pm ET.

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.

The month of November is officially over.

A lot happened this month. 

And it would be foolish to ignore it. So we're doing the opposite. We're leaning in and pressing our bets.

Look at the Small-cap Indexes both making new all-time highs. The S&P600 Small-cap Index and Russell2000 Small-cap Index are completing multi-year bases and just beginning their next leg higher:

Another major base being completed right now is in the Dow Jones Transportation Average. 

We had seen the strength in Logistics stocks, Marine Shippers and even resiliency among Railroads and Truckers. It was really just the Airline stocks that needed to stop falling.

And that's precisely what happened.

Look at the new all-time highs in the Dow Transports:

Keep in mind that while we're continuing to see more and more of the most important indexes breaking out to new all-time highs, the usual suspects are also still doing their thing.

Look at the S&P500 and Nasdaq100 both hitting new all-time highs, again.

All of this strength in the S&P500 and Nasdaq100 is coming at a time where...

[Action Needed]

Click here to get 40% off an annual membership to ASC Premium Research.

That's 40% off our twice-monthly conference calls, exclusive market scans & trade ideas, and RANGEFINDER APP to track all our trades in real-time.

Enter the offer code "blackfriday"

...