Our mission at The Chart Report is to highlight ideas from the best traders and technicians on social media.
Now, we’re taking this concept one step further and tapping into the madness of the crowd.
That’s why we created The Buzz!
Our mission at The Buzz is simple: to identify and profit from the most-talked-about stocks on the market today.
But isn’t the crowd always wrong?
The grandfather of contrarian investing, Humphrey B. Neil once said;
“The public is often right during the trends, but wrong at both ends.”
We agree with Humphrey, which is why we’ll be focusing on catching the meat of these trends, with both long and short ideas.
The Buzz uses proprietary social media data from our partners at Likefolio.
Every week, we compile a list of stocks that are experiencing the most momentum in terms of investor interest. Let’s take a look at which stocks are buzzing this week!
Historically they’re all usually just making a big deal about things that are not a big deal.
It's their job to make noise. And in some cases, it's not even their job, humans just like to overreact and make a lot of noise.
As investors, it's our job to ignore.
We don't care about their fed policies. We're not interested in arguing about wars. I don't care who the president is. And a "bank crisis" is laughable these days, compared to what I had a front row seat to back in 2008.
They make noise. We ignore. It's that simple.
Late last week when people were panicking, I was right here telling you we wanted to buy stocks.
Why?
Because in bull markets, it pays well to own stocks.
Besides, the Dollar was falling apart. So if stocks were about to collapse and this was 1929 all over again (lol btw), then the...
The most significant insider transaction on today’s list comes in a 13D from Carl Icahn reporting an increase in his Southwest Gas Holdings $SWX stake.
Icahn now owns 12.64% of outstanding shares, a significant change from the 9.8% he reported on October 26.
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.
Energy commodities are holding up despite last week’s selling pressure.
No, I’m not talking about natural gas – that rope snapped months ago.
But the rest of the main players – crude oil, heating oil, and gasoline – rebounded heading into the weekend. And when I look at the charts, Friday’s strength might be the beginning of a more sustained advance for energy.
Check out the equal-weight energy index:
It’s finding support where I would expect – the prior-cycle highs from 2018 and a key retracement level off the 2020 low.
Notice the index found support at this level in late 2021. This is the polarity principle in action.
A bounce here makes sense for energy contracts. It doesn’t mean they will, of course.
US bank stocks big and small took a beating Thursday, with the Bank ETF $KBE posting its largest single-day decline since 2020.
The steep sell-off came on the heels of Silicon Valley Bank’s $SIVB Wednesday announcement of a $1.8B loss, mainly due to accepting unrealized losses in US Treasuries.
Based on SIVB’s acute exposure to the tech industry, you can argue larger banks with more diversified portfolios and clients don’t carry the same risk. And they don’t.
Regardless, the next chart reveals a storm brewing beneath the surface...
Check out bank stocks (KBE inverted) overlaid with the US Treasury 2s10s spread:
I inverted KBE to highlight the strong relationship between banks and the yield curve. The two lines look almost identical over longer timeframes.
The main takeaway: Banks do not fare well when the shorter end of the curve outpaces the longer end.
Why? They hold heaps of government debt across the curve – especially shorter durations.
We retired our "Five Bull Market Barometers" in 2020 to make room for a new weekly post that's focused on the three most important charts for the week ahead.
This is that post, so let's jump into this week's edition.
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.