Matt Warder appeared as the featured guest on today's Morning Show on Stock Market TV, which was an extra special treat for commodity junkies like us.
Matt is widely recognized as the best Coal analyst in the world.
He’s in constant contact with top executives in the space and is basically a walking commodity encyclopedia, especially when it comes to Black Diamonds.
We had the pleasure of meeting him in New Orleans for our Portfolio Accelerator event and walked away smarter for it.
So when Steve Strazza asked him what commodity he’s most excited about right now, we were all ears.
His answer? “Titanium.”
No hesitation.
Coming from someone with Matt’s pedigree in the Coal markets, that caught us off guard.
But after looking at the charts, it makes a lot of sense why he didn't mention Coal.
Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.
We've also sprinkled in some of the largest ADRs from countries that did not make the market cap cut.
These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.
It's got all the big names and more–but only those that are based outside the US. You can find all the largest US stocks on our original Hall of Famers list.
The beauty of these scans is really in their simplicity.
We take the largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.
Based on the market environment, we can also flip the scan on its head and filter for weakness.
Let's dive in and take a look at some of the most important...
The banking sector in Canada is vastly different than the U.S. For one thing, there are far fewer of them! And there's really only a handful that matter.
One of those that matters is currently doing something that matters -- it's breaking out to new all-time highs!
I don’t know much about Peru, outside of the fact that they make some great ceviche.
But I’ve been thinking about the country a lot today.
MSCI Peru $EPU was on a short list of international ETFs that made new highs today.
At first, I was puzzled by this. It was a sea of red out there. Everything got hit. Not just in the US, but across the globe.
Then I looked at the funds holdings and realized how it happened. EPU is basically a big basket of metals stocks. 50% of the fund is invested in materials.
Here it is resolving higher from a multi-year base:
Gold and silver miners were the only stocks that worked today. Both of the shiny metals look fantastic, and I think silver is just breaking out now.
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 Software, Semiconductors, Online...