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

1. New position in TLT.
2. No adjustments are needed today.
3. Closed GLD and IBB for profits.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

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.

The no coiners are back.

Have you noticed how every chance they get, they'll try to convince you that this is a major top for Bitcoin and the ponzi scheme is officially over?

The no coiners are angry like that. Imagine what it must be like to not have owned Bitcoin this entire time? Ouch.

Here's the "historic top" they're trying to scare you about. 

You tell me, does this look like the end of a major bull market, or does this just look like a normal healthy consolidation within an ongoing secular bull market?

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

1. No new positions today.
2. Rolled XME to February options.
3. No exits since the last report.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

Silver relative to gold is the best intermarket ratio for precious metal investors to track.

The line goes up when the animal spirits are alive in the industry.

Earlier this year, the ratio broke a multi-year downtrend line. 

It looked poised to retest the neckline of a massive head and shoulders bottoming formation.

Instead, it's been a choppy mess in recent months, disappointing the gold bugs (including ourselves).

You need to see this zoomed-out chart of silver relative to gold:

This post has been made public after the trade was closed and is no longer active. All information shared is for educational purposes only and does not constitute financial advice.

As long as the pattern in today's trade holds up high, then we can profit in today's trade.

If it follows through on the upside, all the better and we'll achieve our profit target all the sooner. But as long as it doesn't falter, that's all we need to profit.

Either way, we're leveraging what the options market is offering us to increase our odds of success.

Here's a one-year chart of YPF Sociedad Anonima $YPF:

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

1. No new positions today.
2. Rolled XLV to Feb7 (WEEKLY) options.
3. No exits since the last report.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

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.