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[Gold Rush] July’s Triple Threat 📊

July 7, 2025

It’s a brand-new month and quarter for precious metals, and the tape is firing on all cylinders.

The big-picture trend is simple... we’re in a secular bull market.

Gold kicked things off when it broke out to new all-time highs in March 2024. 

Since then, Silver and Platinum have resolved multi-year bases of their own. 

Both printed their highest quarterly closes in over a decade to finish Q2. 

And now, another laggard is setting up to catch fire... Palladium.

The best part? Seasonality is lining up right on cue.

Let’s break down what the data and charts are telling us.

...
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The Strazza Letter

What’s Working

July 7, 2025

I'm excited to join JC tonight for the monthly conference call.

I think it's the best thing we do at All Star Charts.

Even the prep work is a great exercise for the whole team. It forces us to step back and focus on what's most important— how to position for the biggest primary trends.

In bull markets, you want to ride the leaders. You want to lean into the things that have been working. They tend to keep working.

You want to make the most of these times. And to do that, you have to own the best stocks.

Right now, the best ones are the riskiest ones. The names the experts said would never see these valuations again. The ones that have been working.

Here is the ARK flagship fund relative to the broader market:

 

I think this relationship is as important as anything we could discuss on tonight’s call. It’s the whole risk-on story in one chart.

While risk appetite has been moving in the right direction and improving for several years, it was...

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Under The Hood (07-07-2025)

July 7, 2025

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 July 4, 2025. 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.

...
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Top Down Trade of the Week (7/5/2025)

July 5, 2025

Welcome back for another Top Down Trade of the Week

This is a classic leadership scan.

We start with the best sectors, then drill into the subgroups. We pick one, and then take a look at the top stocks in it. 

This week’s standout is Industrials, climbing to the number two spot in our sector rankings.

 

Technology keeps leading, but other areas are starting to catch up.

The industrial sector is one of the best gauges of overall market health. It’s the most diversified group and has the highest correlation to the major averages.

I like to call Industrials the “generals” of the market. When they march higher, it means things are good for risk assets more broadly.

On the other hand, Materials also jumped three spots this week, showing renewed strength from the cyclical corners of the market...

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(Commodities Weekly) The Real Metalheads Are Back 🤘

July 4, 2025

Last week, we wrote about Copper futures breaking out to all-time highs, while the Copper Miners ETF $COPX is starting to play catch-up. 

The three copper miner trades we outlined for premium members last week are soaring to new highs. We think there's a tremendous amount of upside remaining.

That rally isn’t happening in a vacuum. 

It’s part of a much larger shift we’re seeing across the entire Base Metals space.

After years of choppy sideways action, Industrial Metals are beginning to trend again. 

Breakouts are happening. 

Leadership is expanding. 

And just like Copper, we’re now seeing signs of accumulation and strength in other key areas.

Let’s take a closer look at the...

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International Hall of Famers (07-04-2025)

July 4, 2025

From the desk of Steve Strazza @Sstrazza

Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.

We've also sprinkled in some of the largest ADRs from countries that did not make the market cap cut. 

These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.

It's got all the big names and more–but only those that are based outside the US. You can find all the largest US stocks on our original Hall of Famers list.

The beauty of these scans is really in their simplicity.

We take the largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.

Based on the market environment, we can also flip the scan on its head and filter for weakness.

Let's dive in and take a look at some of the most important...

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Junior Hall of Famers (07-03-2025)

July 3, 2025

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 this one, 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...

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Special Report: Housing & Friends

July 2, 2025

Stock markets all over the world are parading to fresh highs. From Europe to Asia, the world’s major benchmarks sit at – or within a stone’s throw of – all-time or cycle highs.

Stateside, the Nasdaq 100 printed a new all-time high, and the S&P 500 followed a few days after. 

Leadership groups are breaking out in unison. Down the risk curve, speculative growth is screaming and semis are back in the driver’s seat. 

One bull flag after another keeps resolving higher. 

And most importantly for today's note— the laggards keep catching up to the leaders.

But there’s one group that just hasn't shown up yet… and quite frankly, the bull market can’t rage on without them. I’m talking about a group of stocks SO important, they literally have to join the party. Otherwise, it throws a wrench in the entire bullish thesis.

It’s Homebuilders.

...

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2 to 100 Club (07-02-2025)

July 2, 2025

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...

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The Short Report (07-01-2025)

From the Desk of Steve Strazza @Sstrazza and Ricardo Sarraf @nullcharts

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...

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It's Going To Be Like 2025

July 1, 2025

Analog charts are fun. 

They can scare and excite investors unlike any other.

But, here's the thing about drawing rigid comparisons to the past... 

It's never going to be like 1987. Or 2017. The next crash and market turn won't look like the dot-com bubble or the financial crisis. 

It will look the 2025 market. The one we're in now.

History never really repeats. It just rhymes and follows familiar rhythms.

And that is why we study charts like the one below.

 

This one is from Grant— He's our numbers guy. And he's the best in the business when it comes to studies and visuals like this one.

He is...