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

1. New position in IBB.
2. No adjustments since the last report.
3. No exits since the last report.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

I’ve been on an absolute tear this year. 

With the Breakout Multiplier strategy, I’ve had at least one 10X winner each and every month.

I’ve been looking through our recent trades and journaling on them, which is something I do every couple of weeks. 

I thought I’d share my findings and review how these outlier trades played out. Let’s start from the beginning.

I started the year with one of our favorite stocks—$HIMS.

Price was coiling, momentum was building, and I pounced at the end of January.

I bought the Mar 21st $40 calls. They doubled in 8 days and eventually ran for +1727%.

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

1. New position in USO.
2. No adjustments since the last report.
3. Closed XOP position.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

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. 

EPU’s exposure to...

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.

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...

The Canadian dollar is catching a bid. 

And while the CAD rarely grabs headlines like the euro, pound, or yen, it’s no backbencher—it makes up 9% of the US Dollar Index $DXY, just behind the big three.

It flies under the radar of most investors, and I think that’s a big mistake.

Here’s why.

After years of sliding, the CAD/USD rallied off a major level of support near 0.68—a level that’s marked key turning points in both the currency and Canadian stocks for over a decade.

This bounce looks small now, but it matters.

We’ve talked a lot about how EM currencies tend to drive their respective stock markets. When a “peso” rallies, local equities tend to follow. That effect is stronger in emerging markets because of the heavier reliance on USD funding and the volatility of the currencies there.

Canada, on the other hand, has deep, liquid capital markets, a resource-heavy economy, and two major stock...

It's been awhile since I've talked about one of my favorite setups: The Hundred-Dolla-Roll!

Stocks that are making fresh-all time highs above $80 per share tend to run to $100. Not all in one day. But the tractor beam, magnet, whatever you want to call the collective market mindset that is responsible for moves just seems to pull stocks to that big, round, sexy number.

Markets and prices are driven by humans (and the algorithms we write), and human behavior is sometimes so predictably reliable.

We've got a trade today that is taking advantage of this reliability.

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

1. No new positions today.
2. Rolling XLI position to July options
3. No exits since the last report.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

I’m loading up on Silver for a catch-up move to Gold.

And I already know what you’re thinking. Investors have been betting on this idea since last year… and it hasn’t worked one bit.

This isn’t some sort of original investment thought I’m having. These two move together. Everyone knows that. 

But I will tell you what all those investors who showed up too soon were missing…

Animal spirits. 

They just weren’t there. But that’s changing.

In other words, silver is a lot more about speculation, and a lot less of a safe haven. It’s the risk-on version of gold.

It has been stuck in a sideways range for the trailing 12-months while gold has been ripping higher in a near-vertical line. Here’s a performance chart:

What is constructive about this is that it’s been consolidating at...