The next new position in our Paid-to-Play portfolio is:

It's the weekly bond edition of What the FICC?

Commodity-related stocks remain hot despite a narrative of easing inflation.

Check it out!

It's been a choppy month so far hasn't it?

This is classic behavior for February. See here.

Look at this sloppy hot mess.

The largest insider transaction on today’s list was reported in a Form 4 filing by ValueAct Partners.

The firm reported a purchase of roughly $10 million in Insight Enterprises $NSIT, increasing its ownership stake to 11.90%.

From the Desk of Kimmy Sokoloff

A complete  late-day sell-off...

As JC said, February is like a hangover from the last three months.

As a trader, I’ve grown comfortable with losing.

Losing money is part of winning over the long run.

There is no winning without losing. Sounds crazy, but traders know this to be true.

We’ve all heard that losses are lessons. They are expensive lessons, but often the most valuable. Nothing valuable comes cheaply.

During the triage phase of dissecting what went wrong, we often have “a-ha!” moments that lead to new rules and new promises, and renewed confidence. “Next time,” we tell ourselves, “the outcome will be drastically different!”

This is all well and good.

From the desk of Steve Strazza @Sstrazza

We held our February Monthly Strategy Session last week. Premium Members can access and rewatch it here.

Non-members can get a quick recap of the call simply by reading this post each month.

By focusing on long-term, monthly charts, the idea is to take a step back and put things into the context of their structural trends. This is easily one of our most valuable exercises as it forces us to put aside the day-to-day noise and simply examine markets from a “big-picture” point of view.

With that as our backdrop, let’s dive right in and discuss three of the most important charts and/or themes from this month’s call.

From the Desk of Kimmy Sokoloff

The $SPX was saved by its 21-day moving average around 4,080 and is now trying to hold above its eight-day moving average at 4,124.

Tomorrow is monthly options expiration, so we should see more volatility.

This is the video recording of the February 16th, 2023, Weekly Town Hall w/ Willie Delwiche.

2/16/23 2:00 PM ET

We retired our "Five Bull Market Barometers" in 2020 to make room for a new weekly post that's focused on the three most important charts for the week ahead.

This is that post, so let's jump into this week's edition.

This week, we are focusing on the Information Technology (IT) sector.

From the Desk of Ian Culley 

I prefer to focus on price when analyzing markets. 

It’s what pays us at the end of the day. And it bakes in all the news and lagging economic data I tend to ignore.

A few weeks ago, I urged investors to track trends, not inflation.

Honestly, I was only half serious. I pay attention to the Fed and CPI data – mainly to stay aware of the increased volatility accompanying important release dates. 

But price is king. And when I look at my charts, the narrative of easing inflation appears suspect...

Check out the overlay chart of the Metals and Mining ETF $XME and the TIPs vs. US Treasuries ratio $TIP / $IEF:

These two charts move tick for tick at first glance. And a closer look at the lower pane reveals an overwhelmingly positive correlation over the trailing 126 trading days. This is why we focus on XME.

The tight correlation...