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.

Health Care stocks were under pressure again this week with the large cap SPDR $XLV falling about 3%.

XLV is now the worst performing sector SPDR over the trailing 1-month and 3-month timeframe.

When we look at Health Care on an equal weight basis, the group looks even more vulnerable.

Here's a chart of the Invesco Equal Weight Health Care ETF $RSPH: 

As you can see, RSPH tried to break out from a base last month, but was immediately rejected and is now back below those prior cycle highs.

To make matters worse, price is also violating an upward trendline and the VWAP anchored from the year-to-date lows.

As long as price remains stuck in the current range the bias is sideways for longer for this groups of stocks.

In the event the broader market turns, however, these laggards are likely to lead lower.

Let me know what you think!

Alfonso

Each year, Americans buy over 600 million pounds of candy and eat over 1 pound each for Halloween.

It's a lot...

But are there opportunities to profit from Americans ritualistically eating way too much candy? You betcha!

Let's talk about it.

After a historic 190% run earlier this year, cocoa futures have formed a textbook consolidation pattern:

In addition, chocolate bears have failed to register an oversold reading as the bulls have maintained control during this consolidation phase.

We like owning cocoa futures above 6,900, with a target of 11,700 over the coming 2-4 months.

Sugar futures look poised to retest last year's high:

After rallying 20% in a single week last month, the sweet commodity has formed a sweet bullish continuation pattern. If and when this pattern is resolved, we want to own sugar futures in anticipation of a fresh leg higher.

In addition to the chart pattern, the bulls registered a 14-day RSI reading above 80 during the last leg higher, as they were in...

Here's the replay and chartbook from today's stream. Note that we do these videos live every Thursday at 11 a.m. ET, and I answer questions in the chat room.

Be sure to join us and maximize your return potential.  

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...

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

1. New position in XLE.
2. No adjustments are needed today.
3. Exited USO and XOP at Profit Targets.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

The most significant insider buy on today’s list is a $913,648 purchase of Ibotta Inc $IBTA by D.E. Shaw & Company, a data-driven investment giant with $120.5 billion in assets under management.

Among its top holdings are market winners like Microsoft, Apple, and Nvidia.

The inclusion of Ibotta signals strong growth potential and suggests the company could be on the verge of something big.

Here’s The Hot Corner, with data from October 24, 2024:

Elsewhere, Deep Track Capital filed a 13D for Dynavax Technologies Corporation $DVAX revealing an increase in its ownership stake from 9.56% to 13.60%.

And, in another Form 4, the EVP and CFO of ManpowerGroup Inc $MAN bought $498,240 of MAN shares.

In 2015 I was an entrepreneur, had my last knee surgery, and was still riding professionally from time to time—until my body finally gave out. 

I was also on the verge of starting my own fund while working for another one. 

In other words, I was busy.

My trading signals back then were based on 10-month highs which reflects how busy I was. 

We saw a new 10-month high by the end of the year, and that marked the beginning of one of the most legendary trends in financial history. 

When I first bought in, the backlash was intense. You were an “idiot” for investing in Bitcoin at that time. 

Then, the tide turned and Bitcoin skyrocketed from $300 to $20,000 in the following two years. 

Some mornings, I’d wake up in disbelief that some cryptocurrencies had doubled overnight. 

The one bet I will not be making is that the stock market finishes election week anywhere near where it began the week. 

In other words, there is a high likelihood of a large directional move following the election. And there will likely be some epic whipsaws along the way.

As such, it feels to me that options traders should start building a good mix of both bullish and bearish bets, as well as a wide variety of expirations so as to mute the volatility likely to be introduced to our portfolios.

I don't think we want to be too overweighted on delta-neutral positions (though I think it's a good practice to have one or two on at all times). I do think it is prudent to have some long-premium bets on that can return 5-10x in the direction of the trend. Simple long calls and long puts will do the trick.

Since my portfolio is leaning long at the moment (it is a Bull Market, you know...),...

I do not recommend attempting to pick bottoms and tops. It can be a dangerous game. 

Yes, when you occasionally get one right you can make a killing. But we also put ourselves at risk at getting killed. Especially fading short squeezes, and double especially if you're doing it via getting short common stock.

Smart options traders, however, have an advantage here. We can define our risks precisely. We're going to take advantage of this feature with today's trade, a bet on the unexpected.

I just got done with 2 days at Stocktoberfest in Coronado, CA - right across the bridge from downtown San Diego.

Every time I'm back there I think about all fun times we've had in Coronado over the years and all the stories from the past.

It's important to remember how we got here if we have any chance of moving forward and building on top of everything that we already have today.

This community is special. Our predecessors didn't have any of this.

The fact that I can fly out there with my friends, to one of the most beautiful places on the planet, talk markets, rates, business and meme tokens is an absolute joke.

It's not even fair. 

So it's up to us to take advantage. 

I did.

I got talk retail stocks with Jeff Macke.

Pearlman and I discussed the health benefits of avocados.

We debated market breadth and sector rotation with new people I had never met before. 

Nicky Montana showed me a really cool new tool to make it easier to trade crypto, for people who are not interested in the blockchain and only want to trade these things in a much faster and simpler way. (I think that's a lot of people...

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

1. New position in XLP.
2. No adjustments are needed today.
3. No exits since the last report.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

The US Dollar Index $DXY has been on a tear since the turn of the month, bouncing hard off support. 

Typically, a strong dollar would suggest a defensive tone for risk assets. But not this time.

Despite the dollar's impressive run, equities are holding their ground and showing serious resilience. Just last week, the S&P 500 closed at all-time highs.

And when you dig into the chart, DXY is still stuck in the middle of a range

...

Below is the 6th ASC Mastermind Lab Course. These are special videos that will be made available throughout the duration of the 12-week course featuring conversations with professionals from across Wall Street discussing topics in their expertise. 

I wasn't ready to move on from intermarket analysis just yet. It's too important. So I called up Jason Perz, the newest All Star Charts analyst, and someone who is an expert in the relationship between bonds, commodities, and currencies. 

Jason and I discussed these relationships at length, how these markets have reacted to major historical events, and how a move in one market could impact another.

Enjoy my conversation with Jason.