We're going to start taking full advantage of the data coming out of our weekly Follow the Flow report and put on at least one actionable trade from this list every week. If you're not already familiar with this report, Steve Strazza puts it together each week and it highlights stocks with both unusual options flow plus interesting chart setups. Combined, these two factors offer traders a pretty unique edge to exploit.

Today's idea is in a recent IPO which might offer us some additional oomph if it gets moving in our direction.

The latest Young Aristocrats report is out and as always, there are some great opportunities setting up there. These are stocks with tremendous dividend growth consistency that are also setting up for bullish price action. How can investors not love these setups? Win from the price appreciation, and get paid while you wait in the form of dividends. Yes, please!

The opportunity that best caught my attention today is an all-time high breakout in a niche corner of the market.

It's summertime and where I live in Colorado, everyone is planning camping and RV trips up in the mountains. There's something about fresh mountain air, cool crisp evenings, and enjoying a beverage next to a roaring campfire.

You would think that this would be bullish for companies that are in the business of supplying the gear for entrepid campers and roadtrippers.

Well, we only follow price and the chart action in one camping name is potentially telling a different story.

Seems there has been a lot of talk about the stock market "pausing" or being "due for a correction."

While I see the same things the bears are seeing, I'm also seeing price action in a variety of corners of the market still telling a bullish story. And as we like to say around here: "Only Price Pays" (h/t @alphatrends).

We're also seeing bullish options flow from several "motivated" and "aggressive" traders in a variety of names. Case in point: a software storage name in our most recent Follow the Flow report caught my attention.

I feel like I say this every time I put a bearish trade on these days: My bearish muscles feel out of shape!

But the ASC team put out a bearish piece on transportation stocks last week and one of the airlines, in particular, has a setup that is uniquely interesting to me.

So it's time to put in our bearish reps to rebuild these muscles!

The team at All Star Charts has started putting out a new report called "Follow the Flow." The goal of this report is to "create a universe of stocks that experienced the most unusual options activity – either bullish or bearish… but NOT both."

The unusual activity we're witnessing in these stocks is not necessarily "smart" money, but "aggressive" or "motivated" money. This is a useful signal.

With this in mind, one of the names mentioned in the most recent report caught my eye for a shorter duration bullish options bet.

This is the video recording of the June Options Conference Call with Sean McLaughlin & JC Parets.

Once again this month, I'm going to share info on positions that were closed in the month of May. As a reminder, our exit plans are always laid out ahead of time in each trade idea we publish. In every case, the exits mentioned below were all exited in accordance with the plan as laid out.

We're continuing to see strength and leadership in the semiconductor space. And a name the All Star Charts teams has been high on for some time has recently begun to break out from a new consolidation. Being that the stock is also making all-time highs -- you know situations like this get me excited.

So heading into a long Memorial Day Weekend, we're putting one more position on the books to round out our month.

Strength in energy and metals continues.

The ASC team had a post out last week highlighting some bullish developments here, and the strength continues in early trading this week. And one stock, in particular, is threatening new all-time highs coupled with declining options prices --- my favorite kind of setup.

I'll be honest with you. I've been on cruises before. I don't think I have a need to ever do them again. I mean, the time spent "in port" was where the real fun for me was. Time trapped on the boat? Meh.

But, I know many people disagree with me and LOVE going on cruises.

I'm fine with that. Especially if it gives me an opportunity to make some money. And we've got one such opportunity on board!

We recently had on a counter-trend trade in gold that worked out (we took off the trade at our profit target this week), and we're starting to see a similar rationale and setup in bonds.

I'm going to let Steve Strazza do most of the talking here because he had an excellent riff on this in the latest R.P.P. Report: