From the Desk of Steve Strazza and Alfonso Depablos

The most significant transaction on today’s list comes in a Form 4 filing by Venrock Healthcare Capital Partners.

The firm reported a purchase of roughly $1.2 million in KalVista Pharmaceuticals Inc $KALV.

From the Desk of Ian Culley @IanCulley

It’s time to turn our attention to the energy space.

The same market conditions that favored energy in Q3 of last year are brewing. 

Interest rates are rising. King Dollar is refusing to step aside.

And energy contracts – especially crude oil – are entering a historically strong period of the year.

Check out crude oil’s seasonality since 1984: 

February kicks off the strongest four-month period of the year.

Meanwhile, energy contracts are forming potential bullish reversals.

Perhaps last month’s crude oil breakout has been sloppy. But buyers reclaimed our risk level yesterday – right around when crude tends to bottom. 

Here’s crude’s seasonality for the next two months (February through March):

Up and to the right! 

Seasonality paints a bullish picture for oil and this chart doesn’t include April – black gold’s strongest month of the year.

Of course, seasonals alone aren’t a reason to take a position.

Instead, they reveal an aspect of the market environment, like positioning and sentiment.

Regardless of how one...

Good morning, Welcome to your daily crypto clarity

WHAT YOU NEED TO KNOW

Bitcoin rallies into the 46,000, erasing its post-ETF gains.

Bitcoin dominance has climbed on this recent rally, pointing to Bitcoin’s leadership in this move.
 

FEATURED CHART

The Russell 2000 index $IWM is an index representing small-cap stocks in the United States. In recent months, the index has been coiling in a series of higher lows and lower highs. These contractions in volatility often proceed with directional moves. The price action in IWM is getting tight, pointing to a resolution in either direction.

WHAT TO LOOK OUT FOR

With Bitcoin resolving higher from the upper end of this trading range, the bias is higher for crypto markets over the near-term.

The key level to watch on the downside for Bitcoin is 44,500.

We’re closely monitoring whether this momentum in Bitcoin dominance $BTC.D continues, pointing to Bitcoin leadership....

From the Desk of Steve Strazza and Alfonso Depablos

The most significant transaction on today’s list comes in a Form 4 filing by Venrock Healthcare Capital Partners.

The firm reported a purchase of roughly $1.2 million in KalVista Pharmaceuticals Inc $KALV.

In today's Daily Digest, we'll review:

1. No new positions today.
2. Adjustment to SMH.
3. No exits today.
4. Current status of open campaigns.

Let's dig in!

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Magnolia Capital Fund.

The investment firm revealed a purchase of $2.5 million in America's Car-Mart Inc $CRMT.

Good morning, Welcome to your daily crypto clarity

WHAT YOU NEED TO KNOW

After a positive day in the equity markets, Bitcoin and crypto prices have seen a strong rally.

Bitcoin dominance climbed on this recent move, pointing to further leadership out of Bitcoin relative to altcoins.

The talk of the town is Farcaster, a new platform for building decentralised social media applications.
 

FEATURED CHART

Here is Bitcoin since December of last year. The new highs list in crypto peaked two-months ago, and the price action since then has been choppy. The trading range to watch here is a zone between 45,000 and 40,000. With Bitcoin at the upper end of its range, we’re closely monitoring how prices fare over the coming days.

WHAT TO LOOK OUT FOR

All eyes are on 45,000. If Bitcoin can decisively breakout here, it could spell the end to this brief two-...

From the Desk of Steve Strazza @Sstrazza

When investing in the stock market, we always want to approach it as "a market of stocks."

Regardless of the environment, there are always stocks showing leadership and trending higher.

We may have to look harder to identify them depending on current market conditions. But there are always stocks that are going up.

The same can be said for weak stocks. Regardless of the environment, there are always stocks that are going down, too. 

We already have multiple scans focusing on stocks making new highs, such as Hall of Famers, Minor Leaguers, and the 2 to 100 Club.

We filter these universes for stocks that exhibit the best momentum and relative strength characteristics. 

Clearly, we spend a lot of time identifying and writing about leading stocks every week, via multiple reports.

However, we're also highlighting lagging stocks on a recurring basis.

Welcome to the Short Report.

We publish this...

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Magnolia Capital Fund.

The investment firm revealed a purchase of $2.5 million in America’s Car-Mart Inc $CRMT.

Perhaps the title of this post is a bit dramatic. But it got your attention, yeah?

While the indexes continue to plow higher and higher, proving markets can stay irrational longer than bears can stay solvent, there continues to be signs piling up that a turn may be near at hand.

We're not saying that the long bull market is coming to an inglorious and permanent end. We're more of the belief that a well-deserved pause and/or pullback feels like a perfectly natural thing to happen somewhere around here.

So we're going to add another bearish bet to the board in a stock that is already showing signs of topping in a sector that might be ready to roll over.

In today's Daily Digest, we'll review:

1. New Position in XHB.
2. No adjustments are needed today.
3. Exits in GDX and XLB.
4. Current status of open campaigns.

Let's dig in!

From the Desk of Steve Strazza and Alfonso Depablos

The most significant transaction on today’s list comes in a Form 4 filing by Farhad Nanji, director at RXO Inc $RXO.

Nanji revealed a purchase of 747,424 RXO shares, equivalent to $15 million.

Market breadth can be a funny thing.

People think it's easy. People think they can just pull up some indicator and it's always going to tell them whether market breadth is good or bad.

But that's not how it works. Some indicators are more valuable in certain environments than others.

From the Desk of Ian Culley @IanCulley

King Dollar reigns supreme, and its near-term rally shows no sign of slowing.

What can you do about it? 

You can profit from it.

Today, I’ll share with you three tactical setups for dollar strength. And they’re all close to triggering.

But, before I outline the trades, let’s look at the relationship between the dollar and stocks…

Last night, Alfonso dropped a stellar chart in Slack of the US Dollar Index $DXY overlaid with Consumer Staples $XLP relative to the S&P 500 $SPY:

The chart supports the inverse relationship between stocks and the US dollar that’s been in place for almost a decade.

Money flows out of the major stock indexes and into staples when investors are scared.

The same is true for the US dollar. That’s why these two charts look alike.

Interestingly, staples fell on a relative basis as the US Dollar Index chopped...

From the Desk of Steve Strazza and Alfonso Depablos

The most significant transaction on today’s list comes in a Form 4 filing by Farhad Nanji, director at RXO Inc $RXO.

Nanji revealed a purchase of 747,424 RXO shares, equivalent to $15 million.

In today's Daily Digest, we'll review:

1. New Position in IWM.
2. No adjustments are needed today.
3. No exits since the last report.
4. Current status of open campaigns.

Let's dig in!

From the Desk of Steve Strazza and Alfonso Depablos

The most significant transaction on today’s list comes in a Form 4 filing by Warren Buffett and Berkshire Hathaway.

Buffett and Berkshire reported another substantial purchase in Occidental Petroleum Corp $OXY, this time with a total value of $245  million.

As crypto markets continue to churn sideways following the Bitcoin spot ETF approvals, positioning data suggests a once-crowded consensus bullish sentiment has cooled down. This comes within the context of Bitcoin retesting its long-term resistance level near 46,000. It’s within these periods that excessive positioning and sentiment calms down and allows the market to recalibrate for its next move.