There are a lot of charts that looks very similar to this one.

Tops are a process right?

This is what this one looks like:

Jan Barta of Pale Fire Capital revealed an additional purchase of roughly $23 million in Groupon $GRPN, as he continues to build a position.

The CEO and the president of OPKO Health $OPK revealed a purchase of approximately 400,000 shares of his company's stock in a Form 4 filing.

From the desk of Steve Strazza @Sstrazza

Welcome to the 2 to 100 Club.

As many of you know, something we've been working on internally is using various bottom-up tools and scans to complement our top-down approach. It's really been working for us!

One way we're doing this is by identifying 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.

This is the video recording of our May 11, 2022, Inside Scoop Weekly Strategy Session.

I think it’s safe to say insiders are buying the dip!

This might be the most Form 4 filings we’ve seen in a single day since we started doing this.

And we’re seeing activity in all different sectors, from software to chemicals, including even casinos.

The most significant insider transaction on today’s Hot List is a Form 4 filing by the CEO of Uber Technologies $UBER, Dara Khosrowshahi.

The Silicon Valley executive revealed a purchase of roughly $5.3 million of his own stock.

The selling pressure in stocks and other risk assets continues to persist.

What are we looking for to turn this thing around?

I sat down with Liz Claman yesterday on Fox Business to discuss exactly that.

This one is short and sweet. What are the key levels? Where are we looking for leadership?

If bonds catch a bounce, who will lead out of the hole?

The US Dollar is back up to its 2016 and 2020 highs.

On both of those occasions, the Dollar sold off and risk assets went on to do very well.

Is this time different?

Here's what it looks like:

The market remains in a volatile territory. We have just a few industry groups which continue to show relative strength. The defense sector is one of them.

Read on to know more.

From the desk of Steve Strazza @sstrazza

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.

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.

We recently decided to expand our universe to include some mid-caps…

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.

The way we did this is simple…

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

Warren Buffett’s Berkshire Hathaway $BRK.A revealed more buying in Occidental Petroleum $OXY late last week.

In its latest 13G, the company reported a 21.6% ownership stake, which is roughly double its initial investment from earlier in the year.