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Just Kidding.....

Everyone loves a good underdog story. I get it.

But the obsession with small caps “finally taking over” every time they outperform for a few days still blows my mind.

Two or three times a year, small caps catch a bid.

Large caps...

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1 Percent Days Per Year 10282025

Today's number is... 24

Year to date, the S&P 500 has logged 24 up days of at least 1% and 23 down days of at least -1%.

Here’s the chart:

 

Let's break down what the chart shows:

  • ...
The Daily Number
Grant

Every bull market needs to breathe.

Gold just had its biggest one-day drop since the 2020 peak - and it happened right after everyone started to believe it could never go down again.

Last week,...

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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...

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Short Report
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Ricardo
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A quick look at my portfolio and it feels like energy stocks are embarrassingly under-represented. 

Today's trade aims to fix this.

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From the Desk of Steve Strazza @Sstrazza.

Welcome back to Under the Hood, where we'll cover all the...

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Under The Hood
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Earnings season is the heartbeat of the market - and every day brings fresh signals about where money is flowing.

With each report, we learn not just how companies are performing, but how investors are reacting.

In the Daily...

Daily Beat
seasonality

When it comes to seasonality, the best signals often appear when the market breaks from the script.That’s when we learn what’s really happening beneath the surface.Historically, August through October has been one of the toughest periods for stocks —...

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Year to Date Performance 2025 10272025

Today's number is... 12.4

The Magnificent Seven have outperformed the S&P 500 excluding those same seven stocks, by 12.4 points this year.

Here’s the chart:

 

Let's break down what the chart...

The Daily Number
Grant
Ebook Cover

The crypto market collapsed on October 10th.

Most coins sold off by 80% in just a few hours.

And most of them are complete junk.

But a handful of projects built on real adoption, real utility, and real demand were thrown out with the...

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Title: Citadel Takes 10% Coal Stake

Every weekend, I dig into our insider activity tracker looking for the biggest conviction buys — and this week, we have action from deep-value investors and some of the world’s top hedge funds — all putting fresh money to work in key sectors...

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Hot Corner Insider Weekly Reports
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Earnings are the heartbeat of the market - and every week brings a fresh set of opportunities and risks. With each report, we get new information about corporate health, investor sentiment, and the sectors driving leadership (or lagging).

In the...

Daily Beat

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...

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The Strazza Letter
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This is the weekly post that aggregates all the charts we put together throughout the week and organizes them all into one, easy to flip through deck.

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Replays of all our past episodes are always available in the episode archives.