From the Desk of Steve Strazza @Sstrazza

We love our bottoms-up scans here at All Star Charts. We tend to get really creative when making new universes as we want to be sure they will deliver us the best opportunities the market has to offer.

However, when it comes to our latest project, it couldn't be any simpler!

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 stocks.

Welcome to The Junior Hall of Famers.

This scan is composed of the next 150 largest stocks by market cap, those that come after the top 150 and are thus covered by the Hall of Famers universe. Many of these names will someday graduate and join our original Hall Of Famers list. The idea here is to catch these big trends as early on as possible.

There is no need to overcomplicate things. Market cap is a quality filter at the end of the day. It only grows if price is rising. That's good enough for us.

The bottom line is it is a bull market. We want as many vehicles and options...

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Magnolia Capital Fund.

The investment firm reported a purchase of $691,975 in America’s Car-Mart Inc $CRMT.

This is one of the charts I started this week's LIVE Conference Call with. How could I not?

We're looking at the Equally-weighted Nasdaq100 and Equally-weighted S&P500.

These Indexes eliminate the largest components from dominating the equation and treat each stock in the index equally.

Both of these are working on breaking out of this multi-year base to new all-time highs.

Can they do it?

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...

Since the beginning of February, the two best performing sectors are Energy and Materials.

These stocks have been dominating the back half of Q1.

You're seeing new all-time highs today across the board in Materials.

Here are two of my favorite ones we've been in.

This is the video recording of the March 20, 2024, Hot Corner Insider Weekly Strategy Session.

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by DICK'S Sporting Goods $DKS Vice Chairman William Colombo’s trust.

Colombo’s trust reported an acquisition of 40,000 DKS shares, equivalent to $8.5 million.

There hasn't been much going on in the new lows lists this year.

As I've mentioned here plenty, you cannot have a market correction, mathematically, without the prices of stocks falling.

Well, there's been some action in the short-term new lows recently with Technology leading the way.

Half the Large-cap Tech stocks just hit new 10-day lows, and Technology has seen the most amount of new 1-month lows of any sector.

Small-caps have struggled the most:

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Stellantis N.V.

The multinational automaker revealed yet another purchase of Archer Aviation Inc $ACHR shares, this one to the tune of $7,637,302.

This is a great thing, but only if you allow it be great.

Interest rates went out yesterday at their highest levels since November.

Do you really believe that the 10-year yield keeps going up because interest rates are going down?

lol

There are people who actually believe that.

So for us, who actually take the time to look, we know that it's the exact opposite.

Commodities are heading higher. And Interest Rates are rising with them.

This is the video recording of the March 2024 Mid-month Conference Call.

From the Desk of Steve Strazza @Sstrazza.

Welcome back to Under the Hood, where we'll cover all the action for the two weeks ended March 15, 2024. 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...