The largest insider buy on today’s list comes in a Form 4 filing by the president and CEO of CarMax, Inc $KMX, William D. Nash.

Nash disclosed a $501,255 purchase of KMX shares.

From the Desk of Kimmy Sokoloff

S&P futures are indicating at the 3,850 mark.

We need to maintain that level in order for this index to head higher.

This is the video recording of our January 3rd Monthly Charts Live Strategy Session

From the Desk of Kimmy Sokoloff

We saw a nice pop in the morning and then a hard fade pretty much right after the market opened. Feels like a repeat of last year.

The market did try to hang on to the $SPX 3,800 level most of the day. It's all about this level right now; a true break below and we can see 3,780.

We need back above 3,840 for a rally higher.

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.

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, a company must have a market cap between $1 and $4B.

From the Desk of Kimmy Sokoloff

Happy New Year, and welcome to 2023!

What I try to do at the start of the year is to not allow my bias cloud my judgment. I try to stay focused on price and let the market guide me. I'm not overly bullish. But I will let the market tell the story, and I will follow along.

The market is the leader, and I'm just the follower.

So, as they say, let the journey begin.

The most notable insider activity on today's list came in separate Form 4 filings by the CEO and one of the directors of B. Riley Financial $RILY.

Over $900,000 worth of stock purchases were reported by the two insiders.

For over a decade, stocks in the United States outperformed Commodities by a long shot.

In fact, Commodities underperformed for so long, that many investors even forgot that they were an asset class.

"Stocks and Bonds JC!", they would tell me.

And I would say, "No kids, it's Stocks, Bonds AND Commodities".

Was 2022 such a hard year in the market like the media keeps telling you?

Or was it just a normal year that was hard, because every year is hard?

I think about this a lot.

From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts

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 which you can check out here.

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:

The largest insider transaction on today’s list comes in a Form 4 filing by director Roxanne Austin, who revealed a $2 million purchase in CrowdStrike Holdings $CRWD.

CRWD is trading at its lowest level in years as it looks to find support at its key former highs from 2019.