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. 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:

*Click table to enlarge view

We filter out any laggards that are down -5% or more relative to the S&P 500 over the trailing month.

Then, we...

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

1. No new positions today.
2. Defensive adjustment to XLV position.
3. No exits since the last report.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

[Editors Note] Getting away from the screens is healthy for the soul.

It's important in order to keep the mind right.

And perhaps, I should add, that it's great for the bottom line.

Trust me.

I've been there.

Get away for a few days. Your portfolio returns will thank you. 

And I'm eating my own cooking here. I'm leaving for a few days, so you'll be hearing from different members of the ASC Research Team while I'm away.

Some of them you already know well. Some you're just getting to know. And others you're meeting for the fist time.

So try to be nice!

And please don't let them burn the place down while I'm gone.

I'll be back next week!

JC

My family has always been a healthcare family - I’m the son of a nurse and a pharmacist. When I was 15, they turned...

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

1. New position in IGV.
2. No adjustments are needed today.
3. Exited TLT for a profit.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

We'll be streaming LIVE today on Stock Market TV with The Best Morning Show in Finance. This is where we talk about which stocks are moving, the major themes in the market, and what we're doing about it.

Today's guest is our in-house Quantitative Strategist Grant Hawkridge.

Grant joins us from the other side of the world in Australia. So let's all give him a warm U.S. welcome!

...

REV Group is a leading manufacturer of specialty vehicles like fire trucks, street sweepers, school buses, and more. 

They provide every type of vehicle a municipality needs. Sounds like a good business, right?

In the past few years, the company has been trying to divest from several segments, such as school buses, because of slowing sales growth and margin compression. 

Instead of school buses, they've aggressively leaned into the fire and emergency vehicle segments. This has boosted profitability, and the market loves it!

REVG just closed at a fresh all-time high on the heels of a mixed report:

As you can see, the market punished the stock for reporting earnings during its prior drawdown from 2018-2020. 

In the nearly five years since it made its all-time low and embarked on a new uptrend, the market has rewarded the stock for reporting 65% of the time.

What's more important to us is this quarter's report was the catalyst for resolving a multi-year accumulation pattern.

Are you adding fire truck exposure to your portfolio? Let me know 🙉

Thank you for reading.

Below is the 10th ASC Mastermind  Course. In this video, I discuss how to profit from short squeezes.

I love short squeezes. I love how they happen, I love how they're somewhat misunderstood, and most importantly, I love to profit from them. 

That's why we created an entire scan to identify stocks with potential short squeezes. 

Most people think looking for a short squeeze is as simple as looking for stocks with the highest short interest. But we know there's a little more nuance than that. In reality, there are multiple components to a short squeeze.

In this video, I review the three parts of a short squeeze (why they happen), how we find these stocks, and how we analyze them to ultimately profit. 

Enjoy.

"First they scare 'em out, then they wear 'em out."

That's a famous old Wall Street saying. And I agree with it 100%.

In Bitcoin, the "scare" post-100K might not have been that scary (or maybe it's yet to come?), but it definitely feels like we're in the "wear 'em out" phase right now.

And my gut tells me the next move higher will catch the chasers by surprise. That's what I want to position for.

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

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

Let’s dig in!

From the Desk of Steve Strazza @Sstrazza

Welcome to The 2 to 100 Club.

In this scan, we look to identify 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 during their journey to becoming the market behemoths they are today.

When you look at the stocks in our table, you'll notice we're only focused on Technology and Growth industry groups such as Software, Semiconductors, Online...

Our China trades are working great so far.

And I still think this is just the beginning of a major new trend. 

All those Breakout Multiplier trades that I told you we put on just 10 days ago have all at least doubled so far. 

Yes. That's over 100% return on each of the China trades they told us we were crazy for putting on.

But it gets better. Wait until I tell you about our new FANGhai Composite Index.

Yes you read right. The FANGhai Composite.

Let me set the stage for you, to help you understand the...