From the Desk of Kimmy Sokoloff

The SPX futures popped above 3,800 last night and then retreated.

Now we seem to be climbing back to that area. This 3,800 area will have some resistance, then 3,827.

It’s a new week, but the same insiders are still buying.

Form 4 filings for the wood pellet producer Enviva $EVA have been hitting the wire nonstop this month.

Why are you an investor?

Have you asked yourself that recently?

Why do you take time out of your life to enter into the arena that we call markets?

Are you here to make money?

Or would you rather gossip about fed??

I'm old enough to remember when stocks would go up for multiple weeks at a time.

They used to call those uptrends where I'm from.

So how about a 3rd straight week of gains for the Dow Jones Industrial Average?

That's something you don't see every day:

Wednesday night we held our October Mid-Month Conference Call, which Premium Members can access and rewatch here.

In this post, we’ll do our best to summarize it by highlighting five of the most important charts and/or themes we covered, along with commentary on each

Let’s get right into it!

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

Our Hall of Famers list is composed of the 150 largest US-based stocks.

These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Airbnb, Uber, and Paypal.

It has all the big names and more.

It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that which you can check out here.

The Hall of Famers is simple.

We take our list of 150 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.

Let’s dive right in and check out what these big boys are up to.

Here’s this week’s list:

Click table to enlarge view

We filter out any laggards that are down -5% or more relative to the S&P 500 over the trailing month. 

Then...

From the Desk of Kimmy Sokoloff

Stick save, as they like to say, "and a beauty," as J.C. would add.

The market held where needed.

If there's anything that this market has taught me, in almost 20 years of doing this, it's that expecting the unexpected should be a way of life.

I've had a front row seat to watch legendary Wall Street firms disappear practically overnight.

I saw Crude Oil Futures trading below Zero.

Flash Crashes.

Growth stocks going up 100x in price with little or not business activity.

Anything can happen.

Today, we have a Form 4 filing by RA Capital Management for new purchases in 89bio Inc $ETNB.

After its latest purchase worth roughly $8.9 million, RA Capital now owns almost half of the public float.

From the Desk of Kimmy Sokoloff

We saw a bearish reversal yesterday afternoon in the indices.

For today, I'm watching to see if the SPX can hold 3,638, then 3600. We'd need to get back above 3,689, then 3,700, to head back uphill. The $SPY has support at 363, then 360.

I interrupt this bear market to bring you stocks that are going up.

While people are crying about their stocks going down, we're focused on the winners.

You know why? Because winners tend to keep on winning.

And losers? Well, we don't care so much for you. By definition, few people do.

Here's a stock making new 6-month highs this week.

You may have heard of it: