From the desk of Steve Strazza @Sstrazza

Monday night we held our November Monthly Conference Call, which Premium Members can access and rewatch here.

In this post, we’ll do our best to summarize it by highlighting five of the most important charts and/or themes we covered, along with commentary on each

Let’s get right into it!

From the Desk of Kimmy Sokoloff

It was a decent morning for us, a few decent trades to send us off into the holiday!!

The market is trying to breakout, and hopefully we get follow-through on Friday.

This is the video recording of our November 23, 2022, Inside Scoop Weekly Strategy Session.

The most significant insider transaction on today’s list is a $2.5 million purchase by Element Solutions $ESI Director Martin E. Franklin.

The CEO of Nerdy $NRDY also filed a Form 4 disclosing a purchase of $564,439.

From the Desk of Kimmy Sokoloff

First and foremost, a very Happy Thanksgiving to all.

The bull flag pattern I've spoken about is in the process of breaking out. If this continues, this market can head toward $SPX 4,020.

From the Desk of Kimmy Sokoloff

The market chopped around the fist half of the day and rallied into the close.

It's still coiling for a bigger move, I'd like to think.

This doesn't have to be complicated.

Is the list of stocks and sectors in uptrends getting longer or is it getting shorter?

Are we seeing more stocks breaking down to new lows, or fewer?

If you can count, then you know the answer.

The question is, are you even willing to count?

From the Desk of Kimmy Sokoloff

To me, this market is coiling for the next big move.

As I've mentioned, if we continue to hold $SPX 3,934, there's potential up to SPX 4,020. Until then, this market is very choppy.

The largest insider transaction on today’s list is a $17.9 million purchase by Patrick G. Ryan, the CEO of Ryan Specialty Group Holdings $RYAN.

Ryan is a titan of the insurance industry, as he formerly founded and served as chairman and CEO of Aon Insurance $AON for over 40 years.

This week we're looking at the outperforming PSU Bank stock.

This is the video recording of the November 2022 Mid-month Conference Call.

We discussed:

• The most Bullish Time of the Year
• The most Bullish Time of the 4-year Presidential Cycle
• US Dollar vs Stocks Negative Correlation Continues
• Mexican Peso & VIX Relationship
• Euro & British Pound at Key Resistance Levels
• Stocks rallying with stronger GBP
• Fewer stocks making new lows, but waiting for expansion in new highs
• Sentiment for risk assets remains pessimistic
• What Year 3 in Bull Markets Looks Like
• Risk Management Charts: NYSE Comp & Value Line Index
• Relative Strength in SMIDs
• Energy - Still Waiting For A Breakout
• List of Strongest Energy Stocks to Buy
• What the end of the Energy run looks like - Crude Oil Key Levels
• Healthcare Stocks Continue to Lead - Which Ones to Own Now
• Insurance Stocks Lead Financials Higher - List of Buys
• Broker Dealers showing Relative Strength
• Most Important Chart on Earth: XLF & ITB
• CAT & DE are not defensive trades
...

From the desk of Steve Strazza @Sstrazza

Welcome to our latest Minor Leaguers report.

We've had some great trades come out of this small-cap-focused column since we launched it back in 2020 and started rotating it with our flagship bottom-up scan, Under the Hood.

For the first year or so, we focused only on Russell 2000 stocks with a market cap between $1 and $2B.

That was fun, but we wanted to branch out a bit and allow some new stocks to find their way onto our list.

We expanded our universe to include some mid-caps.

To make the cut for our Minor Leaguers list, a company must have a market cap between $1 and $4B.

And it doesn't have to be a Russell component — it can be any US-listed equity. With participation expanding around the globe, we want all those ADRs in our universe.

The same price and liquidity filters are applied. Then, as always, we sort by proximity to...