From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts

Our Hall of Famers list is composed of the 150 largest US-based stocks.

These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.

It has all the big names and more.

It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that. Click here to check it out.

The Hall of Famers is simple.

We take our list of 150 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.

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

Here’s this week’s list:

Click table to enlarge view

We filter out any laggards that are down 5% or more relative to the S&P 500 over the trailing month. 

Then,...

A healthy rotation is underway across equity markets.

Leadership has swung toward cyclical value-oriented names over the trailing two weeks. Small-cap Energy, Materials, and Financials are outpacing the year-to-date top performers (Large-cap Tech). It’s a clear expansion in participation and a hallmark characteristic of any bull market.

But if cyclical stocks have a chance at participating over the long haul, we want to witness similar strength from corresponding commodity markets.

And we are…

Check out rebar futures posting a potential failed breakdown: 

The bounce in rebar fits with the strength in small-caps and Emerging Market equities. If industrial metals such as rebar start catching higher, procyclical commodities and their related stocks likely follow suit…

What about Dr. Copper?

Copper...

From the Desk of Kimmy Sokoloff

With sloppy Friday action like this, it's about a 50-50 shot we do well.

Happy Father’s Day, and have a great long weekend.

That company is still a thing? I thought the iPhone killed it? ~ JC during The Morning Show on 6/15/23

Yep. Today's trade is a play on a stock in a company we were all kind of surprised still exists, and even more surprising that is doing well!

Upon further digging, we learned the company has handled the pivot away from online maps for car drivers into things like GPS for boats, golfers, and wearables!

We've adjusted a position in the Paid-to-Play portfolio today:

The most significant transaction on today's list comes in a Form 4 filing by Dan Wilks, the manager of THRC Management

Wilks revealed a purchase of 285,059 Profrac Holding Corp $ACDC shares, equivalent to roughly $3.8 million.

From the Desk of Kimmy Sokoloff

Happy Father’s Day! Have a great long weekend!!

Today is quad witching, so we could see a choppier market and lots of volatility.

I recently read a book that was recommended to me by a friend in my traders meetup group.

Once I picked it up, I couldn’t put it down.

Here are some of my favorite quotes I continue to meditate on. I think you will also go down rabbit holes while pondering them…

From the Desk of Kimmy Sokoloff

I haven't seen a presser of a market like this in a very long time. People are piling in.

It feels like everyone who was late to the party is trying to play catch-up.

From the Desk of Ian Culley @IanCulley

Forget about Wednesday’s FOMC decision.

Yes, investors continue to react, unpacking Jerome Powell’s words while looking ahead to next month’s meeting. It’s a never-ending cycle proffered by unrelenting data.

But it’s this constant flux that makes the market the most engaging puzzle in the world (aside from life, of course).

Yet one piece of the puzzle renders the chaos manageable… 

The closing price.

That’s the main reason I choose to devote the majority of my energy to price charts. The closing price is seldom revised, acting as an anchor during turbulent conditions. 

Call me old school, but price is never wrong.

With that in mind, let’s take a fresh look at a key intermarket ratio many (including me) have labeled “broken”...

I'm talking about regional banks versus REITs.

This ratio belongs to a long list of intermarket relationships that haven’t...

We've adjusted a position in the Paid-to-Play portfolio today:

The most significant transaction on today's list comes in a Form 4 filing by Diversified Healthcare Trust $DHC director Adam Portnoy.

Portnoy revealed a DHC purchase worth roughly $17.9 million.

From the Desk of Kimmy Sokoloff

The market has a hangover after yesterday's Fed meeting. No rate hike, but Powell might continue to hike down the road.

The indices are extremely overbought. $TGT and $NKE had their first real up days.

These are the registration details for our LIVE Mid-month Conference Call for Premium Members of All Star Charts.

Our Live Call will be held on Tuesday June 20th at 6PM ET. As always, if you cannot make the call live, the video and slides will be archived and published here along with every other live call since 2015.

Here are the details for Tuesday night:

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...

From the Desk of Kimmy Sokoloff

After the first hour of trading we were mostly flat.

The Fed did what it had to do, and now we'll watch the markets.

This is the video recording of the June 14, 2023, Hot Corner Insider Weekly Strategy Session.

We may have stumbled upon an underpriced opportunity, one that must be off the radar of most traders because it's practically jumping off the screen at us.

It's an international banking name with speculative exposure to China, yet the DNA of old-money British aristocrats.

And we're breaking out today!

Here's a recent chart of HSBC Holdings PLC $HSBC:

What you don't see on this chart is $HSBC breaking out above that resistance level today. As I type this, the stock traded as high as $39.14.