This week on the show, Strazza and I chat with Howard Lindzon as we continue thinking through our "2 to 100" List and how to best set our parameters. Remember, we're looking for the next $100 Billion companies.

We already have industry filters, momentum & relative strength, market capitalization and now we're working in some social sentiment to really give this list some juice. These things are always a work in progress, so I hope this gives you some insight as to how we think through our ideas and have a little fun along the way.

Here is our conversation in full:

From the desk of Steve Strazza @Sstrazza.

Welcome to our "Under The Hood" column for the week ended September 18, 2020.

What we do is analyze the most popular stocks during the week and find opportunities to either join in and ride these momentum names higher, or fade the crowd and bet against them.

We use a variety of sources to generate the list of most popular names. There are so many new data sources available that all we need to do is organize and curate them in a way that shows us exactly what we want: A list of stocks that are seeing an unusual increase in investor interest.

Whether we're measuring increasing interest based on large institutional purchases, unusual options activity, or simply our proprietary lists of trending tickers... there is a lot of overlap.

The bottom line is there are a million ways to skin this cat. Relying on our entire arsenal of data makes us confident that we're producing the best list each week and gives us more optionality in terms of finding the most favorable trade setups for our clients.

This week we're looking at a long idea in the Pharma space.

Everyone is used to complaining about how large-cap tech stocks are the leaders of this market.

I think there could be something new for them complain about.

You see, last time the Russell 2000 Small-cap Index was at these levels relative to the Large-cap Nasdaq 100 Index, Small-cap stocks went on a historic run, particularly relative to those large-caps.

It started exactly 20 years ago, from the exact price we're at today.

Here's what that looks like:

Earlier this month Meb Faber invited me on to his podcast. I really enjoy doing these, especially when they're a bit outside of the Technical community. While Meb is definitely "one of us", in terms of how he views markets, his audience includes people who might not be as informed about technical analysis and its benefits.

This is where I can try my best to do my part to spread the good word. In this conversation we talked about all sort of things from skiing, to markets, to life.

This was a lot of fun. Enjoy!

From the desk of Steve Strazza @Sstrazza

Thanks to everyone for responding to this week's Mystery Chart as always.

We had some great responses, most of which were mixed, with a slight majority wanting to "do nothing" and wait to see how price reacts at its former highs.

The chart was the Lithium ETF $LIT, which is breaking out to fresh highs along with a ton of other subsectors within the Materials space right now.

In this post, we will analyze almost every one of the key Materials industry groups to determine whether participation is broadening underneath the surface and supporting the recent strength and rotation into the sector, or vice versa.

From the desk of Steve Strazza @Sstrazza.

Last night we held September's Monthly Conference Call which our Premium Members can access and rewatch here.

In this post, we'll provide a summary of the call by highlighting 5 of the most important charts we covered along with commentary on each.

Let's dive into it.

From the desk of Tom Bruni @BruniCharting

In yesterday's Members-Only Conference Call, we outlined our view on Precious Metals and provided several new trade ideas in the space.

All of the Miners we looked at were US-listed, so today I want to look to those listed on the TSX to outline which have the best reward/risk at current levels.

This is the video recording of the September 2020 Conference Call.

From the desk of Steve Strazza @Sstrazza

Something we discuss a lot, especially internally, is what we refer to as "New Dow Theory."

It's merely the idea that instead of looking at Dow Transports $DJT as the confirming average for Dow Industrials (or the broader market), we should be looking at the Semiconductors index $SOX.

The reasoning behind this is simple, and we won't get too far into it. The bottom line is that as the US has shifted from a Manufacturing to Services Economy, the methods used to transport modern-day goods and services are very different than they were almost a century ago when Dow Theory was first introduced.

From the desk of Steve Strazza @Sstrazza

At the beginning of each week, we publish performance tables for a variety of different asset classes and categories along with commentary on each.

Looking at the past helps put the future into context. In this post, we review the relative strength trends at play and preview some of the things we're watching in order to profit in the weeks and months ahead.

Our last RPP report took a high-level look at the initial damage endured by the recent selloff.

This past week, we saw follow through on that weakness. That means we’ve got to take a deeper look at how the most important assets in the world have held up.

For the first time off the March lows, we’re starting to see a change in character in the way that the market corrects. Particularly Equity Markets, so that will be our focus this week.

This week we're trying a long idea in the IT space.