The most significant transaction on today's list comes in a Form 4 filing by Carl Icahn.

Icahn revealed a purchase of $531,478 in Southwest Gas Holdings $SWX.

From the Desk of Kimmy Sokoloff

It's a quiet morning so far for the market.

We'll see how the indices handle their respective moving averages this week.

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

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 Kimmy Sokoloff

It was a down week for the indices, which was warranted.

We'll see if we flag here and head higher or trend down to the 21-day moving averages.

$DIA and $IWM are below their 21-day moving averages, while $SPY and $QQQ are not.

The most significant transaction on today's list comes in a Form 4 filing by Danaos Corp $DAC, which revealed a purchase of $7.2 million in Eagle Bulk Shipping Inc $EGLE.

Danaos has quietly amassed an 11.32% ownership stake in its competitor in recent months.

From the desk of Steve Strazza @Sstrazza

Tuesday night we held our June 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

Tech pushed higher yesterday.

Let's see if we have follow-through today.

From the Desk of Kimmy Sokoloff

The market's been in consolidation mode, and that continued today -- except for the typical $AAPL/$AMZN/$GOOGL/$MSFT rally.

$SPY and $QQQ reclaimed their eight-day moving averages.

The most significant transaction on today's list comes in a 13G filing by Ecor1 Capital.

Ecor1 raised its ownership stake in Zymeworks Inc $ZYME from 11.80% to 19.90%.

From the Desk of Kimmy Sokoloff

As I write, $SPY and $QQQ are below their respective eight-day moving averages.

They could potentially be heading down to their 21-day moving averages, which is roughly 429 on SPY and 354 on QQQ.

From the desk of Steve Strazza @Sstrazza

Welcome to the 2 to 100 Club.

Something we've been working on internally is using various bottoms-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 Kimmy Sokoloff

The Nasdaq pulled in the most today, with $QQQ dropping down to its eight-day moving average.

Now, this is either a bull flag or we'll head lower.