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In today’s Daily Digest, we’ll review the following:

  1. No new positions today.
  2. Rolled IGV Puts to June.
  3. No exits since the last report.
  4. Current status of open campaigns.
  5. ...
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From the Desk of Steve Strazza @Sstrazza.

Welcome back to Under the Hood, where we'll cover all the action for the two weeks ended March 14th, 2025....

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Today is celebration! 

Not only do we get a fresh batch of Monthly Candlesticks today at the close, but we also get all the quarterly data at the same time. 

This kind of party only happens 4 times a year - where we get the...

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📊 Daily ETF Overview 

The prevailing theme this year is that more international markets are challenging the dominance of the United States in equity performance.

This rotation has taken place for quite some time now and at...

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📊 Daily ETF Overview 

The key theme here is the relentless strength out of the precious metal ETFs.

You can see below how they're clearly inhabiting the dark green.

 

With Silver looking like it's about to explode...

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📊 Daily ETF Overview 

We're seeing more defensive sectors climb the leaderboard as the outlook for the U.S. markets weakens.

Perhaps an element of interest is to consider the areas of the market with the lowest overall...

ETF Power Rankings

Today's number is... 3

Three of my key Risk-On/Risk-Off ratios are reaching new lows.

Here’s the chart:

 

Let's break down what the chart shows:

The blue line in the top...

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We talk a lot about rotation around here. But there isn't anywhere that it's as pronounced as in U.S. stocks compared to everything else.

This week we talked about...

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If global growth is going to pick up, you’ll likely see it first in the copper to gold ratio. 

Historically, it moves in lockstep with the 10 year yield — and right now, there’s a glaring gap. If that gap closes, copper’s about to get loud...

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There are so many things working this year. American Growth stocks are just not on the list.

The underperformance from this group is on another level. These are things that haven't been seen in 20 years.

Look at U.S. Technology hitting new...

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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. 

...
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Missed it? No problem!

Replays of all our past episodes are always available in the episode archives.