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.

...

The altcoin space just got obliterated.

Traders have been liquidated en masse, and bullish positioning has been wiped clean. By definition, pessimism now outweighs optimism.

But if you've been following along, you know I spent months neutral on crypto. After this selloff, I’ve flipped bullish.

Zoom out. This is a textbook flush at a key demand zone.

While others get caught in the noise, I’m simplifying—weekly line chart, nothing fancy. The setups I’ve been waiting for in AI coins are here.

Today's number is... 43

Global participation is expanding, with the majority of the 43 global ETFs I track are now above their shorter-term moving averages.

Here’s the table:

Let's break down what the table shows:

Each row in the table represents a developed or emerging market country ETF. The columns indicate the percentage by which each country is above or below its key moving averages, starting with the 10-day moving average and progressing up to the 200-day moving average.

The Takeaway: The improvement seen over the past few weeks is not just limited to the US. The percentage of global markets moving back above key short-term averages has been increasing throughout 2025, with the leadership primarily coming from the 22 developed markets. While these shorter-term trends have been strengthening beneath the surface, the shift at the index level has only recently begun.

These kinds of improvements in market breadth could establish a strong foundation for a sustained global rally. However, for me to believe that this recent run-up has lasting potential, I need to see the leadership...

When it comes to inflation expectations, the Treasury Inflation-Protected Securities vs the US Treasury Bonds ratio is one of the best ways to measure it.

When investors anticipate rising prices for goods, they hedge by favoring TIPS over traditional bonds.

The TIP/IEF ratio is ripping to its highest level in almost three years.

It’s no coincidence that the Bloomberg Commodity Index $DJP looks just like it.

If we’re heading into another inflationary period, then commodities, energy, metals-related equities, natural resources, and international markets should be top of mind.

There are many ways to take advantage of this trend, and options are one of them.

We’ve been on it through Breakout Multiplier for a while now. Steve’s all over this move, and so am I.

...

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.

Thanks to everyone who joined us for today's Hot Corner Insider Weekly Strategy Session.

I've consulted with the consultants, who agree that we should buy 52-week highs that would put us in spitting distance of all-time highs.

And so I shall do just that.

Today's name has somewhat elevated implied volatility, and it's a high-priced stock, so I'll be playing it with a call spread to keep my exposure in check and leverage the out-of-the-money call premiums in my favor.

After a legendary run footwear stocks are suddenly taking a beating. Is it time to walk away from the group?

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

1. No new positions today.
2. Adjustment to ITB position.
3. Closed ARKK at profit target.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

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...

Coca-Cola was founded in 1886 in Atlanta, Georgia, by a pharmacist named Dr. John Stith Pemberton.

Over the nearly 150 years of its existence, the brand has grown to be known and loved worldwide.

Despite its global saturation, the company is still growing like a weed.

In 2024, it grew revenues by 12% and increased its operating margin by 90 basis points to 24%.

The management team provided stronger-than-expected guidance for 2025 during Tuesday's conference call with investors and analysts. 

The market loved it and rewarded the stock with a higher stock price.

Let's talk about what else happened 👇

*click the image to enlarge it

DuPont de Nemours $DD beat its expectations and rallied nearly 7% with a reaction score of 5. They didn't just report a great quarter; the management team also provided better-than-expected guidance. 

In addition, it announced the acceleration of the intended spin-off of its electronics business, which is targeted for November 1st, 2025.

Ecolab $ECL beat its expectations and rallied over 6% with...

Estee Lauder $EL director Paul Fribourg just doubled down, adding another 45,500 EL shares to his position.

Meanwhile, over at Match Group $MTCH, it’s not just one insider—it’s a coordinated move. Both the CEO and a director dropped $2.15 million on their own stock.

When leadership moves in tandem like this, it’s often a signal that they believe brighter days are ahead for the company.

Here’s The Hot Corner, with data from February 10, 2025:

Sylebra Capital made a serious move, buying 619,925 shares of PureCycle Technologies $PCT at $8.06.

The hedge fund has a history of making aggressive bets in tech and sustainability plays, backing names with long-term disruption potential.

Finally, insiders at MDU Resources $MDU, Becton Dickinson $BDX, and The...

Noticeably, Large Cap Growth $IWF remains strong on the list of US indices while Small Cap Value $IWN struggles.

Taking the ratio between the two, you can clearly see IWF consolidating right beneath all time highs relative to IWN. Trends have a tendency to persist and this is a chart that is setup to continue working higher.

Today's number is... 10

10 out of the 11 sectors in the S&P 500 are currently above their 50-day moving average.

Here’s the chart:

Let's break down what the chart shows:

• The blue line in the top panel shows the price of the S&P 500 index.
• The black line in the bottom panel shows the number of S&P 500 sectors above their 50-day Average.

The Takeaway: In early January of this year, all sectors were below their 50-day moving average. However, over the past 21 trading days, this breadth reading has steadily improved, with 10 out of the 11 sectors now above their 50-day moving averages. This is the highest level we've seen since late November of last year.

The only sector that remains below its 50-day moving average is Consumer Discretionary. This weakness in the Consumer Discretionary sector can be largely attributed to the decline of Tesla, which has recently experienced a sharp drop in price. 

The S&P 500 typically does not encounter significant challenges when most sectors are above their 50-...

Mega-cap growth has led the way for the past 15 years both in the U.S. and internationally.

One way to visualize this theme is by comparing the Dow to the Nasdaq.

The Dow leans toward blue-chip, value names, while the Nasdaq is packed with high-growth, tech-heavy stocks.

Right now, this relationship is at a critical inflection point as it tries to make a valid resolution to new record highs.

After breaking out above the dot-com bubble peak last year, the QQQ/DIA ratio hasn’t exactly ripped higher. Instead, it’s just hanging out above that key level.

If it rolls over and loses those former highs, it could signal a shift away from tech dominance. That’s where value and international markets might step in and take the leadership reins.

While many dismiss this theme, opportunities abroad have been stacking up. 

Just look at how Latin...