For the past seven weeks, it was “do-or-die” for my favorite football team, the Buffalo Bills.

They came into the season as one of the favorites to make it to the Super Bowl. Las Vegas even had them at good odds to win it all for the first time in franchise history.

Of course, nobody can predict the future. Not in sports, not in markets, not anywhere.

And naturally, the real world had different ideas.

Twelve games into the seventeen-game season, it looked like all was lost and Bills fans would have to “wait ’til next year” once again. The Bills’ record was just 6-6 and they were looking up at 10 teams ahead of them in line for only 7 available playoff spots.

It looked like it was over. They faced a situation where their only real path to make it to the playoffs was to win their final five games. And those final five games were scheduled against a gauntlet of teams who were locks for the playoffs already — each with their own valid...

In today's Daily Digest, we'll review:

1. No new positions.
2. Defensive adjustment in SMH.
3. No exits since last report.
4. Current status of open campaigns.

Let's dig in!

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Joseph D. Samberg, director of NextNav Inc $NN.

Samberg revealed a purchase of $1,172,775 worth of NN shares.

Hey folks...

The entire All Star Charts team is presently in NYC hosting our Portfolio Accelerator event. So I will skip the preamble and get right to the point for today's trade in $TSM...

In today's Daily Digest, we'll review:

1. No new positions.
2. Rolled TLT.
3. No exits since last report.
4. Current status of open campaigns.

Let's dig in!

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a 13G filing by Citadel Advisors.

The hedge fund revealed an initial stake of 5.20% in NETSTREIT Corp $NTST.

From the Desk of Steve Strazza @Sstrazza.

Welcome back to Under the Hood, where we'll cover all the action for the week ended January 19, 2024. This report is published bi-weekly, in rotation with The Minor Leaguers.

What we do here is analyze the most popular stocks during the week and find opportunities to either join in and ride these momentum names higher, or fade the crowd and bet against them.

We use a variety of sources to generate the list of most popular names.

There are so many new data sources available that all we need to do is organize and curate them in a way that shows us exactly what we want: a list of stocks that are seeing an unusual increase in investor interest.

Click here for a behind-the-scenes look at our process.

Whether we’re measuring increasing interest based on large institutional purchases, unusual...

In today's Daily Digest, we'll review:

1. New position in GDX.
2. No Adjustments Today
3. Exits in USO and ARKK
4. Current status of open campaigns.

Let's dig in!

From the Desk of Ian Culley @IanCulley

First, gold failed to hold its breakout to new all-time highs.

Then, the silver-to-gold ratio undercut a critical shelf of former lows.

Now, the Gold Miners ETF $GDX is printing a new all-time low versus the broader market!

Is there any sane reason to bet on the miners right now?

Let’s take a look…

Check out GDX relative to the S&P 500 ETF $SPY: 

If precious metals are in a bull market, the stocks that benefit the most in that environment are not making new all-time relative lows versus the broader market.

And if the new all-time relative low isn’t enough, the components of the Philadelphia Gold & Silver Index cover it:

Only one – Eldorado Gold $EGO – out of the 30 stocks in the index did not print a fresh four-week low last week.

Ugly!

Yet plenty of gold mining stocks continue to carve out bullish reversal formations despite the broad near-term weakness.

Orla Mining $ORLA stands out:

ORLA is forming a potential inverted head and shoulder pattern as the 14-day RSI posts a bullish divergence.

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes via a handful of filings by Control Empresarial de Capitales S.A. de C.V.

The Mexico-based investment company reported purchases totaling $229 million in Talos Energy Inc $TALO.

From the Desk of Ian Culley @IanCulley

First, gold failed to hold its breakout to new all-time highs.

Then, the silver-to-gold ratio undercut a critical shelf of former lows.

Now, the Gold Miners ETF $GDX is printing a new all-time low versus the broader market!

Is there any sane reason to bet on the miners right now?

Let’s take a look…

Programming Note: We will not be hosting our Daily Morning Show this Monday, Tuesday or Wednesday. Our entire team will be together in New York City for our 2-day Portfolio Accelerator.

If you would like to learn more about joining us LIVE for our Weekly Team Meetings, Monthly Townhalls and our next Private event this May, we encourage you to apply here.

I've been waiting for this week for a long time.

For those of you who've been following along, you know we get together as a team once a week formally to discuss markets, new trade ideas, any...