We debuted a new scan recently which goes by the name- All Star Momentum.

All Star Momentum is a brand new scan that guides us toward the very best stocks in the market. We have incorporated our stock universe of Nifty 500 as the base this time around. Among the 500 stocks that we follow, this scan will pump out names that are most likely to outperform the market.

From the Desk of Kimmy Sokoloff

Starting at 11:00 a.m. ET, the market started to gain some traction and trended higher from the morning lows.

A little before 3:00 p.m., news from the Bank of England sent the indices all the way back down to the lows.

A round trip, to say the least...

From the Desk of Kimmy Sokoloff

As of 6:00 a.m. ET $SPY was trading at 356, below the most recent low of 357. We have since bounced.

As we know, this can all change by the time the market opens.

From the Desk of Steve Strazza @sstrazza and Alfonso Depablos @Alfcharts

This is one of our favorite bottom-up scans: Follow the Flow.

In this note, we simply create a universe of stocks that experienced the most unusual options activity — either bullish or bearish, but not both.

We utilize options experts, both internally and through our partnership with The TradeXchange. Then, we dig through the level 2 details and do all the work upfront for our clients.

Our goal is to isolate only those options market splashes that represent levered and high-conviction, directional bets.

We also weed out hedging activity and ensure there are no offsetting trades that either neutralize or cap the risk on these unusual options trades.

What remains is a list of stocks that large financial institutions are putting big money behind.

And they’re doing so for one reason only: because they think...

From the desk of Steve Strazza @Sstrazza

Welcome to our latest Minor Leaguers report.

We've had some great trades come out of this small-cap-focused column since we launched it back in 2020 and started rotating it with our flagship bottom-up scan, Under the Hood.

For the first year or so, we focused only on Russell 2000 stocks with a market cap between $1 and $2B.

That was fun, but we wanted to branch out a bit and allow some new stocks to find their way onto our list.

We expanded our universe to include some mid-caps.

To make the cut for our Minor Leaguers list, a company must have a market cap between $1 and $4B.

And it doesn't have to be a Russell component — it can be any US-listed equity. With participation expanding around the globe, we want all those ADRs in our universe.

The same price and liquidity filters are applied. Then, as always, we sort by proximity to...

From the Desk of Kimmy Sokoloff

This market is not for the faint of heart. It'll whipsaw you around, so you must be diligent. Failing that, it's best not to trade.

Just because I'm taking a trade doesn't mean you have to. 

In bear markets you'll find that the majority of stocks are making lower lows and lower highs in price.

With basic arithmetic, we can call those downtrends.

Using that same math, in order for stocks to be in uptrends, they first need to stop making lower lows.

"They need to stop going down before they can start to go up", is how I learned it.

Going through my charts this weekend, I found this chart right here pretty interesting.

The last time Mid-caps, Small-caps and even Micro-caps made lower lows was almost 4 months ago:

From the Desk of Kimmy Sokoloff

We have the Consumer Price Index data for September coming out on Thursday morning, and we have more Fed speakers this week as as well. Expect more tough talk about inflation.

Should the $SPY break down below 360.94, we can potentially head to the lows of 357.04.

I'm monitoring the $QQQ as well to see if it touches the lows at 267.01.

The most significant insider activity on today’s list is a 13G filed by Baker Bros Advisors LP.

The hedge fund revealed an increase in ownership from 7.7% to 10.9% in the small-cap biotechnology company Rhythm Pharmaceuticals $RYTM.

This is the weekly post that aggregates all the charts we put together throughout the week and organizes them all into one, easy to flip through deck.

Is it a bear market or a bull market, JC?

Are you bullish or bearish, JC?

These are the wrong questions to ask, in my opinion.

They're the ones I get most often, but I think it defeats the point of what we're trying to do here.

The question I find myself asking is whether we should be spending more of our time looking for stocks to buy, spending more of our time looking for stocks to sell, or should we be on vacation doing nothing in this market?

Those are 3 real options we have as investors.

For me, I think it's worth spending our time looking for stocks to buy.