From the desk of Steve Strazza @Sstrazza

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 which you can check out here.

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

And here’s how we arrived at it:

Filter out any stocks that are below their May 10th 2021 high, which is when new 52-week highs peaked for the S...

The US Dollar took a little break from going up yesterday, and that has continued a bit this morning.

A funny thing happens when the Dollar isn't ripping - stocks and crypto prices are able to rise....

Today is Crypto Fridays around here at Allstarcharts.

We start with our 7AM meeting with the whole Crypto Team going over everything from the major trends, to new coins popping up on our screens, or the latest from the private world of defi and web 3.

Then at 10AM ET we hold our weekly Crypto Strategy session for Members of ASC Crypto.

[Call +1 (323) 421-7910 to access ASC Crypto Trade Ideas and Reports]

In addition to all of this, I like to schedule my "Crypto" type meetings to...

From the Desk of Steve Strazza @Sstrazza

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 multiple reports. Now, we're also highlighting lagging stocks on a recurring basis.

Welcome to the Short Report.

We publish this column...

These are the registration details for our live mid-month conference call for Premium Members of All Star Charts.

Our next Live Call will be held on Monday July 18th 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 Monday night:

"JC what's on your mind these days?"

I get asked this a lot. So it keeps me on my toes.

But it's a great exercise, even if you're not being asked regularly by colleagues and journalists.

So what is on my mind?

It's this.

It's still this.

It's the strong Dollar preventing stocks and crypto assets from rising in price:

From the Desk of Ian Culley @IanCulley

It’s inescapable. If you haven’t read it in the news, seen it on Twitter, or heard it from a co-worker, here’s the scoop…

The euro has tumbled to parity with the dollar for the first time in almost 20 years!

That’s the big news in the currency markets these days. Sure, it’s a significant development.

But what currency isn’t falling against the US dollar right now?

It’s an interesting question. And it draws our attention to the Canadian dollar.

Let’s take a look.

Here’s a chart of the USD/CAD cross:

While the US dollar steamrolls everything in sight and prints fresh decade-highs against most major currencies, it’s still dealing with last year’s highs against the Canadian dollar.

Bulls continue to chip away at overhead supply, to no avail.

Remember, the resilience of commodity-centric currencies has been the story for almost a year. But the CAD is one of few left standing...

From the Desk of Louis Sykes

They're everywhere.

The long-awaited James Webb Space Telescope images...

Moments like these are not only significant for the scientific quest. They also deeply change the human condition and what we think is possible.

When Copernicus discovered the heliocentric model -- that the universe doesn't rotate around Earth -- it humbled humanity.

When Newton discovered that the motion of the celestial bodies followed strict laws of mathematics, it gave a seemingly entropic universe order.

When man landed on the moon, it changed our entire perception of what's possible.

And when the Hubble Space Telescope and the more recently launched JWST send back awe-inspiring images, it gives us a perspective of the cosmos we've never seen before.

You can't overstate what a bully the Dollar has been towards stocks in the U.S. and around the world.

We've talked about new 20 year lows for Japanese Yen, and the recent parity with the Euro, of course.

But now take a look the Emerging Markets Currencies ETF breaking down to new all-time lows:

The S&P 500 just had its worst first half in more than 50 years.

Based on CPI, if you’re in cash, you’re losing 8.5% a year.

This was the worst start to the Bond Market since 1842.

So what do you think gold is doing in that environment?

Down near new 52-week lows...

In bear markets, you're going to find more stocks making new lows than new highs.

That's just basic math.

In bull markets, you'll see the opposite.

Here's what today looks like: 33 consecutive weeks of more stocks hitting new lows than new highs.

From the desk of Steve Strazza @Sstrazza.

Welcome back to our latest Under the Hood report, where we'll cover all the action for the week ended July 8, 2022. This report is published bi-weekly and rotated our Minor Leaguers report.

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.

Watch this video for a behind-the-scenes look at our process.

Whether we’re measuring increasing interest based on large institutional purchases, unusual...

From the desk of Steve Strazza @sstrazza

This is one of our favorite bottom-up scans: Follow the Flow.

In this note, we simply create a universe of stocks that experienced the most unusual options activity — either bullish or bearish, but not both.

We utilize options experts, both internally and through our partnership with The TradeXchange. Then, we dig through the level 2 details and do all the work upfront for our clients.

Our goal is to isolate only those options market splashes that represent levered and high-conviction, directional bets.

We also weed out hedging activity and ensure there are no offsetting trades that either neutralize or cap the risk on these unusual options trades.

What remains is a list of stocks that large financial institutions are putting big money behind.

And they’re doing so for one reason only: because they think the stock is about to move in...