From the Desk of Steve Strazza @Sstrazza

Welcome to The Junior International Hall of Famers.

With the goal of finding more bullish setups, we have decided to expand one of our favorite scans and broaden our regular coverage of the largest US-listed international stocks, or ADRs.

This scan is composed of the next 100 largest stocks by market cap, those that come after the top 100 and are thus covered by the International Hall of Famers universe.

Many of these names will someday graduate and join our original International Hall Of Famers list. The idea here is to catch these big trends as early on as possible.

Let's dive right in and check out what these future big boys are up to.

This is our Junior International Hall of Famers list:

Click table to enlarge view

Now's the time.

If you don't have exposure to cryptocurrency in one shape or another in your portfolio, you're missing out. But, it's not too late. In fact, we think this is the perfect time to get aggressive.

With Bitcoin above 30,000, this needs to be an area we're pressing our bets on. When this asset class gets going, nothing can stop it. And now, with all these coins successfully resolving higher out of long-term reversal patterns, we're of the stern view that now is the time to get involved.

Expect to see a lot of trade ideas out of this space in the coming months...

One such name we discussed at length in the previous cycle was Helium $HNT. In fact, as a fun experiment, the team all tried their hands at Helium mining. But as the tide turned in 2022, Helium was one of the worst-hit names in the entire asset class, falling into a whopping 98% drawdown.

Strazza will gladly tell you he has helium miners all over the Florida Keys that he no longer pays attention to. That's the right kind of sentiment we want to see at the back of a primary trend reversal.

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.

We...

During our Analyst meeting this morning, the idea I brought to the table was a long bet in Cloudflare $NET.

I like that it's just starting to break above a level of resistance that has been in place for the better part of two years.

My initial thought was to make a short-term tactical bet on a run to $100, but then I noticed that in the June options expiration series, the highest strike available is $110. Clearly the CBOE doesn't read All Star Charts research and our belief that this stock could touch $130 per share over the next 3-6 months!

Check out this chart of $NET and you'll see a move to $130 doesn't seem that outlandish at all:

From the Desk of Ian Culley @IanCulley

Fiat money worldwide is sidelining the dollar.

Emerging market currencies were the first to strike. Now, their developed market counterparts have joined the fray.

The result: Global equities and precious metals are catching a bid.

After a challenging second half, perhaps the year's final weeks will be a layup for stock and forex traders.

And with the Australian and New Zealand dollars completing tactical reversals against the USD, the Canadian dollar could be next…

Check out Canadian dollar futures bouncing off support:

Buyers continue to defend the 0.72 level as ...

“If people weren’t wrong so often, we wouldn’t be so rich” - Charles Thomas Munger

R.I.P. Legend.

Charlie, of course known for his fundamental analysis alongside Warren Buffett all these years, was a closet Technician at heart.

His analysis of human behavior was top notch, particularly misbehavior and stupid behavior.

His comment to Warren about the reason they were so rich was because people are so often wrong, was spot on.

If you've been paying attention, we use this to our advantage quite a bit.

For example, twelve months ago Wall Street strategists forecasted an outright fall for stocks in 2023, the first time this century that they had predicted a loss...

From the desk of Steve Strazza @Sstrazza

Last Week, we held our November 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!

It's amazing when you think about it.

The stock market is having a historic year. The S&P500 is up over 20% so far, with one of the best months of the year still ahead.

The Dow Jones Industrial Average is just 2% from new all-time highs.

And the Nasdaq100 got off to its best start to a year in history, and has already returned over 46% for 2023.

What's odd is that with all this good news, investors are still sad.

It's hard to quantify sentiment data, but I think we do as good of a job as anyone else out there.

When you aggregate all the data and include a variety of different polls and indicators, somehow investors are still extremely pessimistic:

From the Desk of Ian Culley @IanCulley

Mining stocks are breaking out.

All four names we outlined in last week's Gold Rush Video have triggered buy signals.

The tide appears to swing in favor of the gold bugs.

And, based on Monday’s bullish price action, perhaps it’s just the beginning.

Check out the next gold miner most likely to break loose…

From the desk of Steve Strazza @Sstrazza.

Welcome back to Under the Hood, where we'll cover all the action for the week ended November 24, 2023. This report is published bi-weekly, in rotation with The Minor Leaguers.

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.

Click here for a behind-the-scenes look at our process.

Whether we’re measuring increasing interest based on large institutional purchases, unusual options...

From the desk of Steve Strazza @Sstrazza

Dividend Aristocrats are easily some of the most desirable investments on Wall Street. These are the names that have increased dividends for at least 25 years, providing steadily increasing income to long-term-minded shareholders.

As you can imagine, the companies making up this prestigious list are some of the most recognizable brands in the world. Coca-Cola, Walmart, and Johnson & Johnson are just a few of the household names making the cut.

Here at All Star Charts, we like to stay ahead of the curve. That's why we're turning our attention to the future aristocrats. In an effort to seek out the next generation of the cream-of-the-crop dividend plays, we're curating a list of stocks that have raised their payouts every year for five to nine years.

We call them the Young Aristocrats, and the idea is that these are "stocks that pay you to make money." Imagine if years of consistent dividend growth and high momentum and relative strength had a baby, leaving you with the best of the emerging dividend giants that are outperforming the averages.

By adding our technical analysis to the mix, the Young...

Think about it. We were told there was a crisis.

We were promised a recession that could come at any minute.

Inflation was going to destroy the financial system.

Instead, European Banks are making new 52-week highs.

I'm old enough to remember when European Banks used to sell off during a crisis.

So if this is a bear market or some kind of credit event situation, investors sure have a funny way of showing it.