From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in Form 4 filings by the CEO and the CFO of Arbor Realty Trust $ABR.

The executives filed Form 4s revealing $456,950 in combined purchases.

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.

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:

...

I can't think of any organization or group of individuals who have had a bigger impact on my life than the CMT Association.

Yes, the things I've learned and friends I've met over the years certainly helped my career. That's undeniable.

But at this point, it's fair to say that this organization and its members have transcended business and have really had a huge influence on my entire life.

So to be invited to speak at the New York City chapter of the CMT Association is a huge honor, especially for me and my family.

I would encourage you to do everything in your power to join us on ...

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Sylebra Capital Ltd.

The investment firm revealed an additional purchase of Impinj Inc $PI shares with a total value of $3.1 million.

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Sylebra Capital Ltd.

The investment firm revealed an additional purchase of Impinj Inc $PI shares with a total value of $3.1 million.

Welcome to The 2 to 100 Club.

As many of you know, something we've been working on internally is using various bottom-up tools and scans to complement our top-down approach.

It's really been working for us!

One way we're doing this is by identifying 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...

This is the video recording of the November 22, 2023, Hot Corner Insider Weekly Strategy Session.

If a new leg of the bull market is just getting started, positioning in the leaders should pay off well. With this in mind, we're going to get involved in a name everyone knows and uses -- Amazon. The odds are good that Amazon will deliver profits to those well-positioned for a run.

Implied volatility in the options affords us the luxury to go further out in time for our thesis to play out, but we're going to cap our upside both because we think there will be some upside resistance that comes into play and also to increase our odds of success.

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

1. Any new position added today
2. Adjustment made to an existing position (if any)
3. Any exits since last report
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 in a Form 4 filing by Baker Bros Advisors LLC.

The hedge fund revealed a purchase of roughly $24 million in Madrigal Pharmaceuticals, Inc $MDGL.

From the Desk of Ian Culley @IanCulley

The wait is over.

Goldbugs, rejoice.

Silver has finally found its dancing shoes!

Will it stop there? No one knows. 

But, based on last week’s price action, gold’s crazy cousin may have slipped into party mode…

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Baker Bros Advisors LLC.

The hedge fund revealed a purchase of roughly $24 million in Madrigal Pharmaceuticals, Inc $MDGL.

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

1. Any new position added today
2. Adjustment made to an existing position (if any)
3. Any exits since last report
4. Current status of open campaigns.

Let's dig in!

From the Desk of Ian Culley @IanCulley

The wait is over.

Goldbugs, rejoice.

Silver has finally found its dancing shoes!

Will it stop there? No one knows. 

But, based on last week’s price action, gold’s crazy cousin may have slipped into party mode…

Check out silver bouncing higher relative to gold:

The entire precious metals space – and interested bystanders worldwide – have eagerly awaited such a display of relative strength.

Why?

Silver outperforming gold indicates a burgeoning risk appetite for these neglected rocks. Precious metals of all colors and densities benefit from increased flows into silver-related assets.

It’s a risk-on gauge for precious metals. Now, the question turns to whether gold will complement silver’s advance.

Both metals were higher Tuesday, as gold nears a critical shelf of former highs at approximately 2,016:

That’s our level.

The path of least resistance points toward the former all-time highs if and when gold breaks above the October peak.

It remains a sideways mess until a decisive upside resolution.

Yes, goldbugs have plenty to...

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by JANA Partners Management LP.

The investment firm reported a purchase of $8,685,692 in Mercury Systems $MRCY.

Last night was our LIVE Mid-Month Strategy Session. It was probably one of the most important Live Conference Calls we've ever held.

It's odd because we're in the middle of a raging bull market, but it feels that almost no one is participating in it.

Just look around. Over the past 18 months people have told me how crazy I am for buying stocks. But you know, it's been really rewarding buying stocks.

It's the selling of stocks that has generally not worked out very well for investors.

But what do we do now, as we enter the early stages of the most bullish time of the year?

This is the video recording of the November 2023 Mid-month Conference Call.

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 now, 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 new highs in...

From the Desk of Steve Strazza @sstrazza and Alfonso Depablos @Alfcharts

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...