The most significant insider transaction on today's list comes in a Form 4 filed by FedEx Corporation $FDX director Stephen E. Gorman.

Gorman reported a purchase of FDX stock worth $249,204.

From the Desk of Kimmy Sokoloff

Bank stocks are taking off this morning after some of their earnings releases, while tech stocks seem weak again.

It seems to be the theme of the week.

From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts

The market continues to shake off negative news as stocks react positively to incoming economic data and the Fed's actions.

Sure, banks are still a problem, and we need to watch them closely as earnings season kicks off.

But we can only give this price action from financials so much weight as the list of bullish developments in other areas continues to grow.

Overall, there are a lot more positives than negatives right now. And this proves true when we look through our universes, such as our Inside Scoop list.

We continue to see more and more bullish setups and stocks we want to buy come across our radar.

Let's talk about the latest now.

From the Desk of Kimmy Sokoloff

Today was quite a turnaround.

We went from a bearish pattern to right back on course!

It's been a choppy week.

The catalyst all along was the U.S. Dollar.

During this US Dollar decline over the past couple quarters, the Dow Jones Industrial Average and Nasdaq100 are each up over 15%.

These tremendous gains for stocks started once the journalists all agreed on how strong the Dollar was at the time.

You can see those implications here.

The most significant insider transaction on today's list comes in a Form 4 filed by Christopher M. Hilger, director at Donaldson Company $DCI.

Hilger reported a purchase of DCI stock worth $199,953.

From the Desk of Kimmy Sokoloff

$QQQ dropped yesterday to its 21-day moving average, and $SPY fell to its eight-day moving average at 407.50.

I was looking at $MRK yesterday in the live trading room, and I wish I bought it as it's up this morning.

From the desk of Steve Strazza @Sstrazza

Welcome to the 2 to 100 Club.

As many of you know, something we've been working on internally is using various bottom-up tools and scans to complement our top-down approach. It's really been working for us!

One way we're doing this is by identifying 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.

From the Desk of Kimmy Sokoloff

It's a very sloppy market.

Either we're digesting to head higher or we're going to head lower right here.

From the Desk of Ian Culley @IanCulley

Recessionary fears run high.

Everyone is talking about an imminent economic downturn and the next stock market crash.

You hear it on the news and in the streets – talk of the banking crisis, the Fed, inflation, and China pervades the narrative. Even my doctor assured me the world is headed for dark times during a routine appointment earlier this week.

Bearish sentiment is obviously alive and well. 

But, as a chartist, I prefer to visualize these rumblings...

The morning of Good Friday I popped into Fox Business to chat about markets with Maria Bartiromo.

The last time I was on with her, back in October, we discussed how stocks were still in the early stages of a new bull market.

Now that we've seen the S&P500 rally 15% with the Nasdaq100 up 22%, people are starting to believe.

It's been broad based appreciation in stock prices since that October morning.

Every US Sector is positive and many are up over 20%, just since October alone. The numbers are even better when you anchor back to when the new 52-week lows list peaked in June.

Historically, during bull markets you see more and more stocks going up and making new highs. In bull markets you see more sectors participating to the upside and more countries around the world breaking out.

This is exactly what's been happening for about 10 months now.

All these uptrends you're seeing in most stocks is not a new phenomenon.

Cathie Wood’s ARK Investment Management is on our list today, as it filed a 13G for Roku Inc $ROKU.

The asset manager reported a small increase of 0.06% in its ownership.