One for the good guys.

All it took was one "earnings trade" in $APP to get the vertical spreads scoreboard in the green YTD for 2025:

We never know which trade will be the one that delivers big gains. That's why it is so important to have a process for sizing our positions, allocating risk equally among ideas, and sticking to it. When we do this, the handful of big winners make up for all the small losers.

Here's a look at the six vertical spreads we've closed in All Star Options so far this year:

Prior to yesterday's exit, we were 0-for-5 on closed long vertical spreads. But now with one +320% win, the average return for every vertical spread we've exited in 2025 is $186 per $1000 invested, with an average hold time of 57 days. Not bad considering the 17% win rate!

At the risk of jinxing it, we've got another long vertical spread in $NET that is currently deep in the money and will likely add to the win total and increase our average gain per trade.

It isn't easy losing more times than we win. But sticking to the process and...

Today's trade comes from a recent Junior Hall of Famers report.

Opportunities like this don't come around too often, but when I have a realistic shot at 10x-ing my money, I get really interested.

This is that.

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:

In today’s Daily Digest, we’ll review the following:

1. No new positions today.
2. Rolled EEM position to April options.
3. No exits since the last report.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

Consumer Data Points are all around you. What I’m looking for as I head to NYC for the weekend.

Point72 Asset Management filed a 13G, reporting an increase in its stake in Tower Semiconductor $TSEM from 2.80% to 5.05%.

This represents a nearly 100% increase in its existing position, which is noteworthy.

Founded by Steve Cohen, the hedge fund is known for aggressive trading and deep research, managing tens of billions in assets.

Here’s The Hot Corner, with data from February 13, 2025:

A director at SLM Corp $SLM filed a Form 4 disclosing a significant purchase of company stock, an acquisition of shares worth $289,032 that signals confidence in the business.

Finally, Orbimed Advisors filed an original 13D reporting an 8.40% position in the newly issued Sionna Therapeutics $SION, a clinical-stage biopharmaceutical company researching medicines for cystic fibrosis.

In bull markets, consumers spend money. It's human nature.

MGM Resorts has been capitalizing on this increase in consumer spending, and the market is rewarding it.

After reporting a double beat on Wednesday evening, the stock had its best earnings reaction since 2009 on Thursday. 

It rallied 17.5% with a reaction score of 6.3. The reaction was sweet!

What's driving this strength? 

First of all, the company reported a 94% occupancy rate for the month of January. This is a record.

Second, they're anticipating a resurgence in China, which has been their primary driver for growth in recent years.

Finally, MGM is a share cannibal. Since 2021, they have repurchased 40% of total outstanding shares. 

This is one of the highest buyback rates in the entire market, and shareholders are loving it.

Let's talk about what else happened 👇

*click the image to enlarge it

As you can see, MGM Resorts International had the best earnings reaction on Thursday, and West Pharmaceutical Services had the worst.

Cisco Systems was...

Yesterday we saw the Nasdaq100 close at new all-time highs, on an equally-weighted basis!

I keep being told that market breadth is weakening, mostly from people who haven't even bothered to count. 

So let me ask you...

Is the equally-weighted Nasdaq100 closing at the highest level in its entire history evidence of broadening strength, or a weakening market?

I'm old enough to remember when they were telling me that this was all just a "bear market rally" and that we shouldn't be buying stocks.

Then it was, "Only 6 stocks going up", so we shouldn't be buying stocks.

Now they're telling me that market breadth is weakening, when it's actually broadening, and that we shouldn't be buying stocks.

You know what we've been doing this entire bull market? We've been buying stocks, and laughing about it along the way.

You've had a front row seat to it all.

And this was just while it was mostly U.S. stocks doing well. Now we're seeing broadening participation all over the world, with areas like Latin America hitting new multi-month highs, Europe hitting all-time highs, and now Southeast Asia really getting going

Here is...

Notice how green the top section of the thematics table has been.

The same themes continue to dominate; crypto stocks, speculative tech, gaming etc. China growth is also beginning to appear on this list of predominant themes.

While a large portion of Ark's funds are ranking green on our table, one notable exception is Ark's Genomic ETF $ARKG. Interestingly, it's beginning to transition to a lighter shade of red.

Volatility in the ETF is trading at multi-year lows, which could suggest an explosive move is around the corner.

This is an ETF that's on our radar, especially if it breaks to new highs.

Again, we keep pointing to how many different sectors there are showing relative strength and inhabiting the top area of our sector power rankings.

This points to a wide set of sectors participating, which is positive to see.

Noticeably, Large Cap Communications $XLC looks fantastic, breaking to new all time highs. So long as XLC is above the prior highs near 102, the bias is to the upside.

Today's number is... 22

The relative ratio of Home Construction vs S&P 500 has fallen to its lowest level in 22 months.

Here’s the chart:

Let's break down what the chart shows:

• The blue line shows the relative ratio of the Home Construction Index $ITB vs S&P 500 $SPY

The Takeaway: One group that has been under selling pressure lately has been Home Construction, and we can highlight this weakness in a relative ratio versus the broader market.

Home Construction is one of the most crucial industry groups in America, as these stocks are highly cyclical. They act as an excellent gauge for growth and often act as a leading indicator for the broader market. 

Typically, when home construction stocks are trending higher, it's happening in an environment conducive to risk-seeking behavior. Right now, that is not the case, as this relative ratio is at its lowest level in 22 months. 

This does not bode well for risk assets, and if we're really in an environment where risk assets are trending higher and bulls are in control,...

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...

Have you heard about these electric helicopter stocks?

They’re being called the "Uber of the skies," racing to launch air taxis in major cities sooner than most people expect.

Imagine skipping traffic as an air shuttle arrives to take you straight to the airport.

It sounds almost too good to be true.

But the reality is that there's some serious juice in these names.

One in particular that is setting up nicely is Archer Aviation $ACHR.

Just look at this chart.

After a strong run last year, it's been consolidating in a tight range, digesting gains before its next move.

This contraction in volatility often precedes wild moves, in either direction.

With a 16% short interest, the setup looks even better for the bulls to squeeze the bears.

Here's the replay and chartbook from the February 13 Weekly Strategy Session.

Be sure to join us on Thursdays at 11 am ET and maximize your return potential.

In today’s Daily Digest, we’ll review the following:

1. No new positions today.
2. Rolling GLD to April options.
3. No exits since the last report.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

Here's the recording and the chartbook from the fourth Breakout Multiplier Mastermind class.

Here we address the most common Breakout Multiplier FAQs and dig deeper into our process for generating outsized returns on a consistent basis.

CVS Health $CVS just had its best earnings reaction ever. It was fantastic.

The company issued a guidance for 2025 that was much better than expected. They plan to make between $5.75 and $6 of earnings per share this year.

David Joyner, the recently appointed CEO, has also done a fabulous job stabilizing Aetna's performance. This is what the market wants.

Let's talk about what else happened 👇

*click the image to enlarge it

As you can see, CVS Health had the best earnings reaction and reaction score during Wednesday's trading session.

On the downside, Westinghouse Air Brake Technologies had the worst earnings reaction and reaction score.

Now, let's dig into the data 👇

CVS Health was on the verge of resolving a multi-decade Kardashian topping pattern. This earnings reaction happened exactly when the bulls needed to step up and buy.

On a relative basis, the stock has resolved a distribution pattern that goes back to the 20th century versus the broader market. This suggests a...

Executive Vice President and Chief Commercial Officer Phil Guido just dropped $1 million on 4,645 shares of Advanced Micro Devices $AMD.

Guido is the one driving AMD's global commercial strategy. He's got a front-row seat to the company's growth prospects, so if he's buying, that's worth noting.

But what really stands out is the wave of CEO buying across the board.

The heads of Amcor $AMCR, Magnera $MAGN, Enanta Pharma $ENTA, and Kennametal $KMT all stepped in to buy their own stock.

When you see a bunch of CEOs putting their money where their mouth is, you pay attention.

Here’s The Hot Corner, with data from February 12, 2025:

Meanwhile, Rep. Ro Khanna was busy, reporting multiple buys across major names like Visa $V, JPMorgan $JPM, Mondelez $MDLZ, Qualcomm $QCOM, Cisco $CSCO, and PepsiCo $PEP, each purchase between $15,000 and $50,000.

...