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.

On today's Flow Show, me and Steve Strazza put our heads together to follow the wave into the Steel sector.

Sector trends are showing us where capital is flowing and that led us to a trade idea in steel manufacturing company Reliance Inc $RS.

Here's the chart highlighting a high consolidation that often portends to rapid near term price acceleration:

For those of us who are comfortable with risking higher dollar amounts in trades, I'd be a straight buyer of the September 350 calls.

But I prefer keeping my costs a little lower per unit of risk, so I'll be employing a call spread here to express our bullish opinion.

Here's the Play:

In today's Daily Digest, we'll review:

1. New position in IWM -- Russell 2000
2. No adjustments are needed today.
3. Profitable exit in XLP.
4. Current status of open campaigns.

Let's dig in!

Here is the link to this week's crypto recording. This is a chance for us to zoom out, put the noise aside, and discuss the most important charts in the world of crypto.
 

From the Desk of Ian Culley @IanCulley

Investors are finally waking up to gold.

Friends and family are blowing up my phone (and this time, it’s not just about baby pics). They’ve noticed gold’s rally to new highs – and they want to know whether to buy physical gold or an ETF — bars or coins. 

But silver has yet to enter the conversation…

I get it. New all-time highs have a way of capturing the investor’s collective conscience. 

But while gold is printing new all-time highs, silver futures post a mere multi-month high. 

I’m no fan of the catch-up trade, as I always want to own the strongest name(s), but check out silver’s four-decade base:

What a monster!

Silver reached its peak in early 1980 at roughly 41.50. The bulls didn’t see that level again until the spring of 2011 when price ran just shy of 50.

Spring is ahead today, and the soft, shiny metal is trading at approximately 25. That means it would have to double before hitting a new all-time high. 

I’m not waiting around for silver to complete this half-century base.

Here’s how I want to play it…

A significant...

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes via Form 4 filings by Control Empresarial de Capitales S.A. de C.V.

The Mexico-based investment company reported a $14 million purchase of Talos Energy Inc $TALO shares.

Over the weekend I found myself having to remind someone that the U.S. Bond Market is crashing.

I know many of us have just grown accustomed to the bond market crashing all year, every year.

But this isn't just something to dismiss, like many investors have apparently found themselves doing.

This is the biggest bond market crash in our lifetimes.

In last week’s letter, we outlined the various downside risks we were monitoring. Namely, with Bitcoin retesting the 2021 highs and profit-taking occurring on-chain, we pointed to a number of developments that could’ve prompted a more defensive posture. As such, we've seen sellers become dominant once-again, with Bitcoin and many altcoins falling below our risk levels this weekend.

Crypto markets are trading at a rather significant inflection point; they need to hold here, else we're in for a period of consolidation.

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes via Form 4 filings by Control Empresarial de Capitales S.A. de C.V.

The Mexico-based investment company reported a $14 million purchase of Talos Energy Inc $TALO shares.

Are you prepared for a market environment where Commodities are ripping higher and stocks continue to struggle?

Don't worry, most people are not.

In fact, so few people are prepared for this line to go up, and so much pain will be felt by so many (investors or otherwise), that this is exactly the outcome I'm betting on.

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.

Have you heard that stocks are going up in anticipation of lower interest rates?

Me too.

That's hilarious isn't it?

What about all those journalists?

Are they feeding you the same garbage?

Yup!

How about the Biden?

This guy is still the President of the United States. And he's telling you that rates are going down.

Have any of these people even bothered to look?

Or are they just lying to you?

Neither is an acceptable answer.

The U.S. 10-year Yield just went out yesterday at the highest weekly close since November.

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 stocks from around the world.

Here's this week's list:

...

From the Desk of Ian Culley @IanCulley

Metals are working.

Gold is printing new all-time highs. Copper is trading above four bucks. And Palladium…

Well, Palladium has stopped going down.

Considering Palladium’s Commitment of Traders (COT) profile, its tendency to trend with technology stocks, and where it stopped falling…

It’s time to buy!

Check out the long-term Palladium chart stretching back to the late 70s:

Palladium is bouncing off a critical extension level based on the early 1980s decline — a level that acted as resistance for almost two decades.

The...

So we're going to fix that.

And here's why:

It’s the perfect environment to buy mining stocks following gold’s breakout.

The plan is simple: Buy the strongest names on absolute and relative terms – if and when they trade above our risk levels.

That is from my Commodities Analyst Ian Cully in a recent post about the Gold sector.

Today's trade is in a mining name that is above the risk levels, signaling its time to get involved.

In today's Daily Digest, we'll review:

1. New position in XLK -- Technology
2. No adjustments are needed today.
3. Profitable exit in IWM.
4. Current status of open campaigns.

Let's dig in!

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes via Form 4 filings by Stellantis N.V,, which revealed new purchases in Archer Aviation Inc $ACHR worth a total of $8,270,950.

The CEOs of The GEO Group $GEO, Biglari Holdings Inc $BH, and OPKO Health Inc $OPK all filed Form 4s revealing purchases of their own stock.

In today's edition of "This is NOT 2023", here is the U.S. Large-cap Consumer Discretionary Sector breaking down to new 52-week lows relative to the rest of the market.

You can see yesterday's edition here: Energy Stocks Lead US Markets

This isn't 2023. It's a completely different market.

Take a look at this chart below.

New 52-week lows.

From the Desk of Ian Culley @IanCulley

Metals are working.

Gold is printing new all-time highs. Copper is trading above four bucks. And Palladium…

Well, Palladium has stopped going down.

Considering Palladium’s Commitment of Traders (COT) profile, its tendency to trend with technology stocks, and where it stopped falling…

It’s time to buy!

Check out the long-term Palladium chart stretching back to the late 70s:

Palladium is bouncing off a critical extension level based on the early 1980s decline — a level that acted as resistance for almost two decades.

The principle of polarity is springing into action, just as it did in 2018 when buyers stepped in and defended those former highs. 

Approximately 850 marks this critical area of former resistance turned support and a logical level to trade against. 

Add commercial hedgers’ record-long position, and Palladium could catapult higher in the coming quarters.

Strong hands move markets, mainly the hands of Commercial hedgers. Commercials are the “smart money” with the deepest pockets.   

Historically, they have...

I received a great, and well-meaning question from a new All Star Options subscriber about a recent trade we entered in $VLO that offers a great lesson or reminder to those who need it.

Question:

What...