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

1. No new positions today.
2. Adjustment to USO position.
3. Closed TLT at Profit Target.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

The multi-year distribution patterns in energy are failing and hooking higher.

And from what I understand, it’s been confusing for some people.

I get that. If you’re one of them, keep reading; we’ll unpack it all.

But first, here’s something from a note I wrote on energy last month.

“I’m making the bet that crude scoops and scores here. I think it should look a lot more like its derivative plays soon, back in its old range. And I think we can get a fast move back toward the upper bounds from there. I’m talking about a big rally that sends crude back to the 80s or 90s”.

Why in the world was I feeling so warm and fuzzy about crude oil? 

It was just completing a massive top. What a naughty technician I must be. What was I thinking?

We’ve been pounding the table on the rotation taking place across Asian equity markets. Vietnam, Taiwan, Thailand, China—you name it. 

The message is clear: the tide is turning and participation is broadening across Asia. 

It’s no longer just Japan. Everything else is starting to work.

One of the key forces driving this rotation is a weak US Dollar. When the dollar stumbles, emerging market currencies catch a bid—and local equities tend to follow. 

Here’s the latest in the mix, the Korean Won:

Like many Asian currencies, the Won spent over two years grinding lower in a steady downtrend. Earlier this year, it undercut key support. But instead of breaking down, it snapped back violently. 

It’s a...

When my friend and client—who manages a three-commas portfolio—calls me with a trade idea, I listen.

Sure, he’s human like the rest of us. Prone to bias, emotion, and the occasional bad read. But over the years, he’s earned my respect. He’s sharp, curious, and often brings fresh perspective to the table. So when his name pops up on my phone, I answer.

This week, he rang me up to talk about a stock that’s down 95% from its highs.

I’ll be honest—where I come from, we call that dumpster diving.

But as he laid out his case, I started to lean in.

He noted signs of a likely turn in the broader sector. He pointed out a major price gap from ten months ago that, if filled, could offer serious upside. And he reminded me that the stock in question is a “story stock”—the kind momentum traders love to chase if the price action gives them the green light.

While we talked, I pulled up the options chain and started scanning out in time—way out.

I found a June 2026 call with a roughly 1-in-4 shot of landing in the money. But if we’re right and that gap fills? That option could return 30x.

Today's trade is in a stock that has been seemingly left for dead. Which is ironic, considering this company is engaged in keeping people alive.

This biotech company is an astounding 95% off it's 2021 highs.

But here's the thing... this stock just crossed above its 50-day moving average and appears to be holding there. And with a new leg higher in the stock market likely to lift a lot of boats, there is opportunity here.

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...

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

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

Let’s dig in!

One of the top-performing areas of the speculative growth theme has been the “new-school” nuclear trade. 

OKLO already tagged one target, SMR is on its way, and NNE is coiled and wants next. 

Click the link to read our nuclear energy deep dive.

These have been some of the top stocks off the April lows, and now the old-school names like Cameco $CCJ are powering higher too.

What I’m saying is the entire nuclear space is red-hot, and I want more of it.

Here’s the VanEck Uranium & Nuclear ETF $NLR breaking out to its highest level since 2008.

After a 50% move in two months’ time, one might think this trend is extended, but it’s not. 

This is a fresh breakout over longer timeframes, and price should keep climbing...

Back in early April, I made a bet that silver would play catch-up to the vastly outperforming gold complex utilizing an options trader's version of a pairs trade. You can read about it here.

Both instruments had a bit of a wild ride following the "Liberation Day" Luau, especially SLV. But thanks to the somewhat offsetting risks of the short-biased GLD trade, we road out the volatility admirably.

Today, following SLV's recent run and dramatic outperformance against GLD, I think now is the time to take our profits.

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

1. New position in XLB.
2. No adjustments are needed today.
3. No exits since the last report.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!