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. What remains is a list of stocks that large financial institutions are putting big money behind… and they’re doing so for one reason only: because they think the stock is about to move in their direction.

Then we flip...

From the desk of Steve Strazza @Sstrazza

Welcome to our latest “Minor Leaguers” report.

We’ve already had some great trades come out of this small-cap-focused column since we launched it late last year and started rotating it with our flagship bottom-up scan, “Under The Hood.”

We recently decided to expand our universe to include some mid-caps…

For about a year now, we’ve focused only on Russell 2000 stocks with a market cap between $1 and $2B. That was fun, but we think it’s time we branch out a bit and allow some new stocks to find their way onto our list.

The way we’re doing this is simple…

To make the cut for our new Minor Leaguers list, a company must have a market cap between $1 and $4B. And it...

That's right, I'm on the couch, settled in for a nice rom-com with the wife, passing the chip dip, and thinking about the stock dip I'm about to buy.

Sometimes, this is where and when my best ideas hit me. How about you?

But in the case, it just so happens the All Star team was already one step ahead of me on today's idea as they covered it in their recent Monthly Charts Strategy Session last week. At least now I get to enter at a better price!

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.

Breadth Confirms New Highs

Last week we covered the modest breadth expansion in US indexes. The picture was still somewhat mixed as most AD lines had not made decisive breakouts. That all changed this week. Not only did most large-cap AD lines in the US make new highs, but small and mid-cap AD lines also resolved higher. Here’s a look at the advance-decline lines for both developed and emerging markets, which are pressing up against new highs as well. This is the kind of broad confirmation from internals that bulls want to see.

From the desk of Steve Strazza @Sstrazza

Check out this week's Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level.

By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the big picture context and provides insights regarding the structural trends at play.

Let's jump right into it with some of the major takeaways from this week's report:

* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.

• This week, our macro universe was positive as 83% of our list closed higher with a median return of 0.87%.
• Small Caps $IWM were the big winners, closing out the week with more than a 6% gain as the index broke out of an 8-month range.

• The biggest loser was the US 10-Year Yield $TNX.
• The percentage of...

Last week, we outlined that a big move was on the horizon, and the bias for prices over the coming weeks was higher. We were documenting the tightening volatility and the accumulation taking place on-chain, suggesting that upward price discovery was the most probable outcome.

Over the weekend, we've seen this play out in some respects, with Bitcoin breaking out of its tight range, which seems like the beginning of the next leg higher.

Now that Bitcoin is back above 65,000, we want to position aggressively long in anticipation of further strength into the remainder of the year.

Uptrends are a pattern in the market that every investor should be able to recognize.

When prices are making higher highs and higher lows, and the line goes from the lower left to the upper right, we call those uptrends.

Learn it. Know it. Live it.

In Bull Markets, you get a majority of stocks doing just that - going higher.

In Bear Markets, most stocks are NOT doing that.

In February, things really changed. After that, most stocks stopped going up.

But that's now reversed. The bull market is back baby!

Look at that expansion in new highs:

Most people are not comfortable saying, "I don't know".

That's the arb

This is where there's opportunity.

And it's funny when you think about how silly that is.

I mean, of course we don't know!

How could anyone possible know what's going to happen in the future? Stocks or otherwise.

This week we’re looking at a long setup in the Realty space. With Realty showing growing strength, this was one sector we wanted to focus on.

Let's take a look at this stock.

We retired our "Five Bull Market Barometers" in mid-July last year to make room for a new weekly post that's focused on the three most important charts for the week ahead.

This is that post, so let's jump into this week's edition.

The weekend is a great time to take a step back and think about things.

Thinking is underrated.

I'm also bullish on breathing.

If I could buy a leveraged ETF on breathing I would.

Writing helps me do both of these things.

So today I'm just going to point out a few things that are on my mind, and maybe they'll help you understand how I approach the world.

It's Saturday Morning Chartoons time. 

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.

You can find the whole list of trades here.

Below you'll find the full PDF of this week's charts: