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; click here to check it out.
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.
I was in the city yesterday for a few meetings and dropped by Fox Business to have a little chat with Charles Payne.
Charles is one of the few who let me talk about whatever I want. No agenda. Just price action.
I appreciate that.
It was just a short hit. But we talked about the seasonal tailwinds for stocks, how a stronger Dollar means stocks will remain under pressure, and what Financials and Homebuilders are telling us about the market.
The most significant insider activity on today's list comes in Form 4 filings by Robert Harris and Jonathan Glaser, directors of Hudson Pacific Properties $HPP.
Harris and Glaser filed Form 4s reporting purchases worth a combined $393,320.
Tuesday night we held our September 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