The most significant insider buy on today's list comes via a Form 4 filing by Hanwha Impact Global Corp.

The company reported a purchase of $87 million in NextDecade Corporation $NEXT.

Here’s The Hot Corner, with data from July 31, 2024:

Director Jonathan C. Locker of Loews Corporation $L revealed a purchase of 6,200 shares, equivalent to $499,896.

In another Form 4, director Richard Anderson bought 2,000 shares of Norfolk Southern Corporation $NSC.

After completing a multi-decade basing pattern in 2021, Loews Corporation has screamed higher to the 161.8% extension level and shows no signs of slowing down.

If L is above 75.40, then the path of least resistance is higher.

Stay tuned. We'll be back on Friday with more insider activity.

...

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're turning our attention to the future aristocrats. In an effort to seek out the next generation of the cream-of-the-crop dividend plays, we're curating 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 analysis to the mix,...

From the Desk of Steve Strazza @Sstrazza

Welcome to The 2 to 100 Club.

In this scan, we look to identify 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.

Some of the best performers in recent decades – stocks like Priceline, Amazon, Netflix, Salesforce, and myriad others – would have been on this list at some point during their journey to becoming the market behemoths they are today.

When you look at the stocks in our table, you'll notice we're only focused on Technology and Growth industry groups such as...

At the end of the day, our number one goal is to help you secure a double on your trade. 

The Breakout Multiplier system (BOx) is a success when we sell lots of doubles. Period.

Think of flipping a double as securing a free ride. In bull markets, these free rides tend to turn into multi-baggers. That’s all we’re trying to do—put ourselves in the position to win big, consistently.

Once you get that double, it’s on you to decide the next steps. 

We will provide suggestions and always discuss how we are trading out of the remainder, but because everyone's risk tolerance and objectives are different, this is a decision you need to make personally. 

And it should come with a great deal of thought.

Consider the following:

• How much capital do you have in your account?
• How much and how often can you stomach losing?
• How greedy are you -- can you let your winners ride?
• Did you oversize the position in question?
• What is the broader...

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

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

Let’s dig in!

The most significant insider buy on today's list comes via a Form 4 filing by Liberty 77 Fund L.P.

The private equity firm revealed an additional purchase of $3,278,206 in Lions Gate Entertainment Corp $LGF.

The CEO of MaxLinear Inc $MXL, Kishore Seendripu, bought 108,303 shares, equivalent to $1.4 million of his own company’s stock.

Here’s The Hot Corner, with data from July 30, 2024:

The president and CEO of Allegion plc $ALLE, as well as one of its directors, filed Form 4s disclosing a total purchase of $811,454.

ALLE has been building a massive base for the last four years.

The stock has been on fire, rallying 18% in a near-vertical line since the beginning of the month to the upper bounds of its range.

We think it’s only a matter of time before buyers absorb the remaining overhead supply and break Allegion out of this base.

What do you call a blend of systematic and discretionary trading?

Systionary trading?

Discretionatic trading?

I think I’m leaning towards the latter.

Early in my trading career, I started up a small commodity futures hedge fund and prided myself on being fully systematic.

An algorithm derived the signals, I entered each trade manually, and I honored each signal religiously. To my credit, I stuck with it, no matter what. And I was rewarded for doing so, earning my investors 58% net returns on their money (net of my 2/20 performance fees) in just 18 months.

So, it was ingrained in me early on that systematic trading was good for me. It kept my emotions out of the decision-making process.

I’ve been chasing the systematic dragon in index options trading ever since.

We got a nice trade setup.

Let's decipher what's happening.

This is where it all starts folks.

The story starts and ends with the Bond Market.

You may not like it. I know I certainly don't. But that's the world we've always lived in. And it's the world I would expect us to be in for a long long time.

The bond market is $130 Trillion. That's compared to a mere $50 Trillion US Stock Market. The total Global stock market is slightly over $100 Trillion, for perspective.

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

1. No new positions today.
2. Rolling QQQ to September.
3. No exits since the last report.
4. Current status of open campaigns.

Let’s dig in!

The most significant insider buy on today's list comes via a Form 4 filing by the executive vice president and CFO of General Motors Company $GM, Paul Jacobson.

Jacobson reported the acquisition of 25,000 GM shares, equivalent to $1.1 million.

Two directors of Lamb Weston Holdings Inc $LW, William Jurgensen and Robert Niblock, filed Form 4s revealing purchases for a total amount of $831,766.

Here’s The Hot Corner, with data from July 29, 2024:

Durable Capital Partners LP filed a 13G for RH $RHrevealing an initial stake of 5.20%.

In another Form 4, the president and CEO of Kaiser Aluminum Corporation $KALU revealed a purchase of $199,871.

In March, the stock broke out, completing a bearish-to-bullish reversal.

Fast-forward to today, and GM is pulling back to the breakout level:

As long as...

These are the registration details for our Live Monthly Candlestick Strategy Session for Premium Members of All Star Charts.

This month’s Video Conference Call will be held on Thursday August 1st @ 6PM ET. As always, if you cannot make the call live, the video and slides will be archived and published here along with every other live call since 2015.

Here are the details for Thursday evening:

From the Desk of Steve Strazza @Sstrazza

Welcome to The Minor Leaguers.

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.

Nowadays, 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 new highs in order...

From the Desk of Ian Culley @IanCulley

Perhaps gold and silver are stuck beneath overhead supply. 

But that’s not stopping mining stocks from hitting new highs…