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

Our Hot Corner Live Strategy Session was full of new bullish chart patterns today.

There was little need to discuss the latest bullish developments for the broader market, as the individual setups painted a clear picture of continued breadth expansion.

If you missed it, be sure to check it out. And if you want to see what a bull market slide deck looks like, it's right here.

We're seeing growth stocks resolve higher from bearish-to-bullish reversal patterns. More and more small caps are popping up with new highs. And the strongest value and cyclical stocks that have been leading for years are breaking out to new record highs.

We're buying all of them.

Today, we have two financials and one industrial name. They're all making new all-time highs. Let's take a look.

This is the video recording of our February 15, 2023, Inside Scoop Weekly Strategy Session.

The most significant insider transaction on today’s Hot List is a Form 4 filing by Coliseum Capital Partners.

The hedge fund reported a purchase of roughly $26 million in Purple Innovation $PRPL, increasing its ownership stake to 51.20%.

From the Desk of Steve Strazza @Sstrazza

Dividend Aristocrats are easily some of the most desirable investments on Wall Street.

These are the names that have increased dividends for at least 25 years, providing steadily increasing income to long-term-minded shareholders.

As you can imagine, the companies making up this prestigious list are some of the most recognizable brands in the world. Coca-Cola, Walmart, and Johnson & Johnson are just a few of the household names making the cut.

Here at All Star Charts, we like to stay ahead of the curve. That's why we've turned our attention to the future aristocrats.

In an effort to seek out the next generation of the cream-of-the-crop dividend plays, we curate a list of stocks that have raised their payouts every year for five to nine years.

We call them the Young Aristocrats, and the idea is that these are "stocks that pay you to make money."

Imagine if years of consistent dividend growth and high momentum and relative strength had a baby, leaving you with the best of the emerging dividend giants that are outperforming the averages.

By adding our technical...

The largest insider buy on today’s list comes in a Form 4 filing by Longitude Capital’s Juliet Tammenoms Bakker.

Tammenoms-Bakker reported a purchase of $6 million in RxSight, Inc $RXST, where she serves as a director.

From the Desk of Steve Strazza @Sstrazza

Welcome to our latest Minor Leaguers report.

We've had some great trades come out of this small-cap-focused column since we launched it back in 2020 and started rotating it with our flagship bottom-up scan, Under the Hood.

For the first year or so, we focused only on Russell 2000 stocks with a market cap between $1 and $2B.

That was fun, but we wanted to branch out a bit and allow some new stocks to find their way onto our list.

We expanded our universe to include some mid-caps.

To make the cut for our Minor Leaguers list, a company must have a market cap between $1 and $4B.

And it doesn't have to be a Russell component — it can be any US-listed equity. With participation expanding around the globe, we want all those ADRs in our universe.

The same price and liquidity filters are applied. Then, as always, we sort by proximity to...

It's the weekly Gold Rush!

This week Strazza and I dig into the COT profile for Gold and Silver, revealing the sentiment behind the smart money.

Check it out...

From the desk of Steve Strazza @Sstrazza

Our Top 10 Charts Report was just published.

In this weekly note, we highlight 10 of the most important charts or themes we’re currently seeing in asset classes around the world.

The 30yr Retests Prior Cycle Highs

The US 30yr yield refuses to break below its prior cycle highs. This is a logical level for yields to find support and churn sideways which could mean more messy action for long-duration assets such as bonds and growth stocks.

From the desk of Steve Strazza @Sstrazza

Check out this week's Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level.

By analyzing the short-term data in these reports, we get a more tactical view of the current state of markets. This information then helps us put near-term developments into the big picture context and provides insights regarding the structural trends at play.

Let's jump right into it with some of the major takeaways from this week's report:

* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.

Macro Universe:

• This week, our macro universe was negative, with 85% of our list closing lower with a median return of -1.05%.
• The Volatility Index $VIX was the winner, closing with a 12.00% gain.
• The biggest loser was Lumber $LB, with a weekly loss of -16.05%.
• There was a 4% drop in the percentage of assets on our list within 5% of their 52-week highs – currently at 13%.
• 9% of our macro list made fresh 4-week highs.
• ...

From the Desk of Steve Strazza @sstrazza and Alfonso Depablos @Alfcharts

This is one of our favorite bottom-up scans: Follow the Flow.

In this note, we simply create a universe of stocks that experienced the most unusual options activity — either bullish or bearish, but not both.

We utilize options experts, both internally and through our partnership with The TradeXchange. Then, we dig through the level 2 details and do all the work upfront for our clients.

Our goal is to isolate only those options market splashes that represent levered and high-conviction, directional bets.

We also weed out hedging activity and ensure there are no offsetting trades that either neutralize or cap the risk on these unusual options trades.

What remains is a list of stocks that large financial institutions are putting big money behind.

And they’re doing so for one reason only: because they think...

Cathie Wood’s ARK Investment Management is on our list today, as it just filed amended 13Gs for Roku Inc $ROKU and Cerus Corporation $CERS.

The asset manager reported a small increase in its ownership of ROKU, from 9.94% to 10.12%.

For its CERS position,  it revealed a stake of 10.11%, up from the 8.94% previously reported.

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 which you can check out here.

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.

Here’s this week’s list:

Click table to enlarge view

We filter out any laggards that are down -5% or more relative to the S&P 500 over the trailing...