You see, just because you and your crazy friends have way too much U.S. Large-cap Growth exposure, doesn't mean the stock market is in a correction.

Stocks can do very well while Tech and Growth severely underperform.

May I remind you that Tech was the leader early in the recovery back in 2002-2003. And then handed over the baton to everyone else:

It was John Roque who taught me this so many years ago. At least a decade if I had to guess.

We're NOT in a reversion to the mean business. This is a reversion BEYOND the mean business.

In other words, assets don't just get back to what is "average". They tend to overshoot. And that's the norm, not the exception.

This mean reversion we've seen in energy could be just that, a reversion back to the average. But if I've learned anything over the years, these things tend to overshoot.

We've been very vocal about this Value rotation, of course. But coming into the weekend, the big question I pose to myself, my team, and the market for that matter, is this:

...

In our latest post, we highlighted the outperformance of Small-caps over large caps and shared a few ideas that we thought could perform well going forward.

Here is part 2 of the Small-cap actionable ideas. Let's see take a  look at the names that have made the cut!

Nifty Small-cap 100 has been moving past crucial resistances. As can be seen from the chart below, we're tracking 7,850 as the risk management level with 9,650 acting as the next target.

In no market can prices rally without minor corrections, so as long as this index is trading above 7,850, our bullish view remains intact.

Click on chart to enlarge view.

Now let’s take a look at some actionable ideas at current levels that look attractive on the long side for the next few weeks and months.

APL Apollo Tubes has been the leader of the pack in the metals segment. Take a look at the indicator pane, RSI hasn't moved into negative territory since...

If there is one chart that stands out the most this year, it has to be the Growth vs Value relationship. We've been pounding the table about it for a reason.

We know what's happened over the past couple of weeks. But when you zoom out and see just where it's happening, that's the WOW!

From the desk of Steve Strazza @Sstrazza

I want to elaborate on a big theme of late that's been on my mind. We've written about it, discussed it internally - as well as on Clubhouse, and just this morning JC and Willie were both tweeting about it.

One major implication of the impending trend reversal in growth vs value is its potential effect on passive investment vehicles.

Considering what a mega-trend passive investing has become with the ETF boom over the past decade-plus, this is likely to impact investors far and wide... If they don't reposition themselves appropriately.

The reason for this is nuanced but in my opinion, it boils down to the argument that passive is really just active and there have been significant changes in market structure since the financial crisis that have resulted in the major averages being dominated by just a small handful of...

Small-Caps are now the flavour of the season, or at least of the current market setup. With these stocks outperforming the broader market, we took a look at some stocks that could be actionable trades with good risk-reward ratios.

We've broken down this post into two parts to do justice to the number of ideas we're observing right now.

As the Small caps continue to outperform the market, the constituents belonging to this segment are expected to generate greater returns than the large-caps.

For now, it looks like this index is moving about in a market of its own. The next target that we're tracking is 9,650 and the risk management level is 7,850.

Click on chart to enlarge view.

Now let’s take a look at some actionable ideas at current levels that look attractive on the long side for the next few weeks and months.

The first thing that stands out from this chart is the giant base that the stock is breaking out of! Just look at that, this is a 15-year breakout. 15 years! Balrampur Chini seems like...

We debuted a new scan recently- The Outperformers.

The Outperformers is our newest scan that pinpoints the very best stocks in the market. It’s the fastest, easiest way to find quality names that are primed for major moves.

The goal is that as the market rally progresses, the sector rotation within the market will reflect in this scan. So while our Top/Down Analysis helps us with the broader view of the market, this Bottom/Up scan makes sure that we catch the slightest change in sentiment.

From the desk of Steve Strazza @Sstrazza and Ian Culley @IanCulley.

We held our March Monthly Strategy Session last night which Premium Members can access and rewatch here.

In this post, we’ll provide a summary of the call by highlighting three of the most important charts and topics we covered along with commentary on each.

Let’s dive into it.

From the desk of Steve Strazza @Sstrazza and Ian Culley @IanCulley

We think it's time to buy Gold Miners again, specifically the VanEck Vectors Gold Miners ETF $GDX.

The yellow metal has not been a great place to deploy capital over the last 6 months as the environment has significantly favored stocks over rocks... and risk-assets over defensive ones in general.

Owning Gold or Gold Miners has been nothing more but opportunity cost. However, there is mounting evidence that suggests now might be the time to jump back into this trade.

First, Commodities have really been working as an asset class. We've been pointing this out for months now, from Industrial Metals and Ags to even petroleum-based commodities.

Although through the early innings of this Commodities resurgence, Gold and Gold Miners have taken a back seat as prices peaked all the way back in the summer of last year and have been trending lower since.

We think that...

This is the video recording of our March 1, 2021 Monthly Charts Live Strategy Session

From the desk of Steve Strazza @sstrazza

We've enjoyed a ton of success with our bottoms-up scans and the columns they've inspired over the past year.

We've already launched four columns around them since last summer, and we have more coming soon.

When we combine these scans with our traditional top-down approach, they make it almost impossible to miss profitable opportunities and key market themes.

Today, we're sharing one of our internal favorites with you. It's called "Fade The Street,"  and we introduced it in a report last month which you can read here.

It was a big hit and there's been a lot of change since then, so we thought a follow-up was appropriate.

Our Fade The Street scan leverages buy/sell ratings and price target data from sell-side analysts to identify strong stocks with significant potential tailwinds that can propel prices higher in the future.

How do we do this? Simple...

From the desk of Steve Strazza @Sstrazza

In a further effort to identify individual equities that fit within our larger Macro thesis, we recently rolled out our latest bottoms-up scan: "The Minor Leaguers."

We write a post every other week where we outline some of our favorite setups from the watchlist.

We've already had some great trades from this universe and couldn't be happier about the early feedback.

Moving forward, we'll be rotating this column with "Under The Hood" each week.

In order to make it onto our Minor League list, you must have a market cap between $1 and $2B. There are also price and liquidity filters.

Then, we simply sort the stocks by their percentage from new highs. Easy done.

And what better time than now to launch a small-cap focused column!? We've seen very strong evidence of a structural rotation down the market cap scale, suggesting a new period of outperformance from small-caps in the coming...