I remember 2010-2011 like it was yesterday.

Precious metals were all the rage.

Silver miners were the meme stocks of their day.

There was so much money being made in Silver.

And then all that changed.

No one has heard from those silver surfers ever again.

And now here we are watching the Silver ETF $SLV close the week at its lowest price in history relative to the S&P500:

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 around the world.

Here’s this week’s list:

From the desk of Steve Strazza @Sstrazza

It’s been a while since we had two long ideas from The Hot List in a single week. 

But with markets in rally mode for the past month, we’ve had some strong stocks pop up on our scan.

While new highs are hard to trust in this tape, any names setting up for breakouts are stocks we want on our radar.

If they're unable to make a decisive upside resolution now, they'll probably be some of the first stocks to do so when the selling pressure finally eases.

We talked about one name we can put in this category earlier in the week, which you can read here. Today, we have another one.

Immunocore Holdings $IMCR appears on our list for the second day in a row, as General Atlantic LP filed a 13D revealing an ownership stake of 11.50% in the biotechnology company.

You see what happens when the US Dollar isn't ripping higher every day?

I wasn't making this up.

It's all about the Dollar my friends.

And Dollar Futures aren't even off by that much, just down a couple of points over the past week.

But still, the Dow is up almost 2000 points, Ethereum is up 60% and Active Managers just posted their second highest weekly increase in exposure in the history of the NAAIM survey:

From the desk of Steve Strazza @Sstrazza

Monday night we held our July Mid-Month Conference Call, which ASC Premium Members can review here.

In this post, we’ll summarize the call by highlighting five of the most important charts and/or themes we covered, along with commentary on each.

Let’s get right into it!

The largest insider transaction on today’s Hot List is a Form 4 filing by Nimish P. Shah, who reported an additional purchase of roughly $1.4 million of Tricida $TCDA.

The only 13D on our list today was filed by Baker Bros Advisors LP.

One thing we know about markets is that breadth thrusts tend to cluster together near the beginning of new bull markets.

Breadth thrusts are NOT signs of exhaustion. They are evidence of new trends emerging.

Now, after a few days of strength in stocks and crypto, investors are wondering: Was that a thrust?

Well, almost. But it's not quite there yet.

Here's one that's close. We're looking at the % of stocks in the S&P500 making new 20 day highs.

We saw over 40% of stocks hit new 20 day highs this week. We're looking for 55% to categorize this one as a true breadth thrust:

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.

There are many examples of important Indexes and Sector ETFs that are retesting key former highs, the 2018 peak in particular.

You can see it in Small-caps, Financials, European Indices, Bitcoin/Ethereum and many others. We discussed all of these on this week's live Premium Conference Call, and also in our Q3 Playbook to Profit.

But you can also see these important retests in the bellwethers.

Here are two of the most important on the planet, one representing Industrials and the other Financials - 2 key sectors in America.

This is the video recording of our July 20, 2022, Inside Scoop Weekly Strategy Session.