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

The new highs list continues to grow as more and more stocks resolve higher from their consolidations.

The word “rotation” is being thrown around a lot these days as value and cyclical groups have risen to the top of the leaderboard over short timeframes.

While the action can be categorized as rotation, I think a better description for what’s taking place is a broadening of the current rally.

Every single sector was higher in the month of June. So it’s not that money is coming out of the leaders as much as it is going into the laggards at an increasing rate.

At the end of the day it’s just semantics. What this expansion in participation means for investors is more bullish chart patterns and more long opportunities.

Let’s talk about some new ones from our Hot Corner universe.

This is the video recording of the June 28, 2023, Hot Corner Insider Weekly Strategy Session.

This is the video recording of the June 21, 2023, Hot Corner Insider Weekly Strategy Session.

This is the video recording of the June 14, 2023, Hot Corner Insider Weekly Strategy Session.

This is the video recording of the June 7, 2023, Hot Corner Insider Weekly Strategy Session.

This is the video recording of the May 31, 2023, Inside Scoop Weekly Strategy Session.

This is the video recording of the May 26, 2023, Inside Scoop Weekly Strategy Session.

This is the video recording of the May 17, 2023, Inside Scoop Weekly Strategy Session.

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

Selling pressure is spreading among cyclical groups, but we continue to find plenty of bullish chart setups in names with insider activity.

Most of the stocks we're buying these days are concentrated in growth industries, but there's also a healthy mix of consumer names that are trending well.

We even have an insurance stock in today's report. It's rare to find a financial making new highs in today's environment, which is all the more reason to like it.

Let's dive in and talk about some stocks we're buying right now.

This is the video recording of the May 10, 2023, Inside Scoop Weekly Strategy Session.

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

While financials and cyclical areas of the market have been under pressure the past few weeks, technology and other leadership groups have been resilient.

In fact, despite the latest banking sector volatility, we continue to find plenty of opportunities in growth stocks.

However, it's not just growth. We're seeing strength from risk-on groups like homebuilders, in addition to consumer stocks from both offensive and defensive industries.

Overall, we continue to see healthy rotation from the broader market.

Today, we have a consumer discretionary name everyone should be familiar with. Let's get into it.

This is the video recording of the May 3, 2023, Inside Scoop Weekly Strategy Session.