The bid for Chinese equities has been relentless all year long.

Alibaba is up about 50% over the trailing month.

BYD Co is up about 30% in February alone.

Xiaomi Corp is making new all-time highs.

Even the iShares China Large Cap Index has rallied 20% off its January lows.

You get the point. China is red hot. 

With price action like this, you might start to wonder, “where is all the money coming from!?”

And the answer is probably a lot of places. Who knows.

But one area that has definitely become a source of funds for new China bulls… is India. 

This is a ratio chart of Chinese stocks vs Indian stocks, and it is flashing a textbook trend reversal in favor of China.

The relationship had been skewed toward India in a big way up until last year. In fact, Indian stocks have been outperforming China aggressively for almost a decade now. This all began back in 2016, so...

All the Euro STOXX Indexes are at new all-time highs.

The DAX is at new all-time highs.

Germany is about to break out of a massive base in USD terms.

Spain and Greece are completing multi-decade bases.

European equities are on absolute fire right now and participation is broad.

Meanwhile, they are still talking about the recession in the Eurozone.

It’s a perfect setup. In fact, the bull thesis here is a lot like China in a sense that many of these countries check all three boxes… sentiment, technicals, and valuation.

Some of these European countries like Poland and Austria are even cheaper than China with CAPE ratios around 10x. 

They also come with plenty of beta. For example, the MSCI Poland ETF EPOL is already up about 150% off its 2022 cycle low.

This kind of action says a lot about risk appetite, too. This is true for some areas of Europe more than others.

From the desk of Steve Strazza @Sstrazza

Welcome to The 2 to 100 Club.

In this scan, we look to identify the strongest growth stocks as they climb the market-cap ladder from small- to mid- to large- and, ultimately, to mega cap status (over $200B).

Once they graduate from small-cap to mid-cap status (over $2B), they come on our radar. Likewise, when they surpass the roughly $30B mark, they roll off our list.

But the scan doesn't just end there.

We only want to look at the strongest growth industries in the market, as that is typically where these potential 50-baggers come from.

Some of the best performers in recent decades – stocks like Priceline, Amazon, Netflix, Salesforce, and myriad others – would have been on this list at some point during their journey to becoming the market behemoths they are today.

When you look at the stocks in our table, you'll notice we're only focused on Technology and Growth industry groups such as Software, Semiconductors, Online...

This stock is really special to me.

It’s the first one I ever bought. 

I used to watch Jim Cramer with my father when I was in high school. He knew I had an interest in the market so gave me a bit of money to experiment with.

I took one of Jim’s calls and bought Build Your Dreams. Part of his bullish thesis was that Buffett was in. This was almost 20-years ago. I paid the $50 international fee and got long.

They call it BYD Co. now. But, it’s the Tesla of China. These guys have been making EVs and batteries longer than anyone. They are an industry leader, and no one ever talks about them.

Mobility is a monster trend and it is just picking up steam.

China is also a monster trend right now. I think it’s the fattest pitch in the market. It’s the kind of trade setup we wait years for. 

And BYDDF is one of the secular leaders in the region.

Much unlike Alibaba, Tencent, and Baidu – the other mega-tech bellwethers – BYD Co is breaking out to new all-time highs.

The bottom line is it is one of the best-looking charts in...

We bought some calls in EHang $EH yesterday.

They build autonomous flying cars in China. Some real-life Jetsons stuff.

We also bought some calls in PDD Holdings $PDD.

They are one of the Chinese online retail conglomerates, known in the US for temu.com.

Today, I sold half of both of my positions at double the price I paid yesterday.

Now, this does not mean I think these stocks will go lower from here. I think they’re going higher.

It’s just my rule. I follow it religiously. 

It keeps me in the game. It’s how I keep swinging.

When I sell a double I am effectively earning a risk-free shot at making big profits. No matter what happens, I can’t lose.

But, it’s bigger than that. It’s not about the half position left on the table.

It’s about getting liquid and doing it quickly.

It’s about getting my money back. 

In bull markets I don’t just have cash laying around. I’m invested. 

And in times like these, there are so many opportunities....

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. 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.

Then, we...

Every now and then I come across a chart that I feel the need to send over to our friends at the CMT association.

The curriculum covers all sorts of pattern recognition and analysis. While things don’t always work out the way the textbook teaches… sometimes, they do. And it’s just so lovely to see. 

It’s happening now with the recent action in Bank OZK. Both of these flag pattern breakouts are picture perfect.

Let’s use this chart as an example to discuss the classic continuation pattern.

Price was coiling in a bear flag coming into the year. 

The only difference between the first flag and the second flag is the trend that preceded them. When the trend that leads into the coil is down, it is a bear flag. When it is up, like it is now, it is a bull flag.

Another difference between the two formations is the way that they resolved. The bear flag resolution is actually considered a failed pattern as it resolved in the opposite direction of the downtrend that preceded it.

Failed patterns are some of the best patterns though. As...

From the Desk of Steve Strazza @Sstrazza

We love our bottoms-up scans here at All Star Charts. We tend to get really creative when making new universes as we want to be sure they will deliver us the best opportunities the market has to offer.

However, when it comes to this one, it couldn't be any simpler!

With the goal of finding more bullish setups, we have decided to expand one of our favorite scans and broaden our regular coverage of the largest US stocks.

Welcome to The Junior Hall of Famers.

This scan is composed of the next 150 largest stocks by market cap, those that come after the top 150 and are thus covered by the Hall of Famers universe. Many of these names will someday graduate and join our original Hall Of Famers list. The idea here is to catch these big trends as early on as possible.

There is no need to overcomplicate things. Market cap is a quality filter at the end of the day. It only grows if price is rising. That's good enough for us.

The bottom line is it is a bull market. We...

The monthly strategy session has always been one of my favorite things we do here at All Star Charts. I’ve been watching these calls for like ten years now. Since long before I worked here.

They are a huge part of my process. 

So, when I got the call from JC on Monday, I was pumped. It’s always an honor.

Not to mention, there’s so much to talk about right now… from some major intermarket developments to the expansion in participation for global equities and commodities. We covered it all. 

If you missed the call, you can rewatch it here.

If you are not a member of ASC premium, you can sign up here and get access.

And for the rest of you, here’s one of my favorite charts from the slide deck:

This is a custom equal-weighted index of some of the absolute worst...

From the Desk of Alfonso De Pablos @AlfCharts

Welcome to The 2 to 100 Club.

In this scan, we look to identify the strongest growth stocks as they climb the market-cap ladder from small- to mid- to large- and, ultimately, to mega cap status (over $200B).

Once they graduate from small-cap to mid-cap status (over $2B), they come on our radar. Likewise, when they surpass the roughly $30B mark, they roll off our list.

But the scan doesn't just end there.

We only want to look at the strongest growth industries in the market, as that is typically where these potential 50-baggers come from.

Some of the best performers in recent decades – stocks like Priceline, Amazon, Netflix, Salesforce, and myriad others – would have been on this list at some point during their journey to becoming the market behemoths they are today.

When you look at the stocks in our table, you'll notice we're only focused on Technology and Growth industry groups such as Software, Semiconductors,...

It’s been a wild ride for crypto these past few months.

The post-election rally was one for the record books.

But the same is true for the steep and swift drawdowns that have ensued.

The majority of these altcoins are down more than 50% from their December highs. The average cryptocurrency has been decimated. 

It is common for volatility to spike in both directions at inflection points… and I think the entire crypto market is at one now.

The question is what direction are we going in?

When I think of charts like Binance, Ethereum, or Solana… they’ve been rangebound for a long time. These primary trends are sideways.

Here they are shown trading right around the same levels they were at in Q1 of last year:

So it could really go either way. I don’t have a strong opinion on whether they resolve higher or lower from here. But when I see a resolution, I’m going to go with it. 

I’ll be adding on breakouts and I’ll be out if these ranges break down. In fact, I already ...

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.

...