From the desk of Steve Strazza @Sstrazza

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.

From the desk of Steve Strazza @Sstrazza

Monday night we held our November Monthly Conference Call, which Premium Members can access and rewatch here.

In this post, we’ll do our best to summarize it by highlighting five of the most important charts and/or themes we covered, along with commentary on each

Let’s get right into it!

From the Desk of Kimmy Sokoloff

It was a decent morning for us, a few decent trades to send us off into the holiday!!

The market is trying to breakout, and hopefully we get follow-through on Friday.

This is the video recording of our November 23, 2022, Inside Scoop Weekly Strategy Session.

The most significant insider transaction on today’s list is a $2.5 million purchase by Element Solutions $ESI Director Martin E. Franklin.

The CEO of Nerdy $NRDY also filed a Form 4 disclosing a purchase of $564,439.

From the Desk of Kimmy Sokoloff

First and foremost, a very Happy Thanksgiving to all.

The bull flag pattern I've spoken about is in the process of breaking out. If this continues, this market can head toward $SPX 4,020.

From the Desk of Kimmy Sokoloff

The market chopped around the fist half of the day and rallied into the close.

It's still coiling for a bigger move, I'd like to think.

This doesn't have to be complicated.

Is the list of stocks and sectors in uptrends getting longer or is it getting shorter?

Are we seeing more stocks breaking down to new lows, or fewer?

If you can count, then you know the answer.

The question is, are you even willing to count?

From the Desk of Kimmy Sokoloff

To me, this market is coiling for the next big move.

As I've mentioned, if we continue to hold $SPX 3,934, there's potential up to SPX 4,020. Until then, this market is very choppy.

The largest insider transaction on today’s list is a $17.9 million purchase by Patrick G. Ryan, the CEO of Ryan Specialty Group Holdings $RYAN.

Ryan is a titan of the insurance industry, as he formerly founded and served as chairman and CEO of Aon Insurance $AON for over 40 years.

This week we're looking at the outperforming PSU Bank stock.