Rep. Nancy Pelosi, no stranger to headline-grabbing stock moves, is back in the spotlight with her latest Periodic Transaction Report—and it’s a big one.

The former Speaker of the House is making bold plays in some of the hottest sectors, doubling down on AI, and other growth trends, while dumping shares in Apple.

Here’s an update of her filing from Friday:

Pelosi recently sold 31,600 shares of Apple $AAPL, with a transaction value of roughly $8 million.

While she has been bullish on Apple in the past, this marks a notable reduction in her exposure. We know that she acquired about half the shares she just sold via call options back in May 2022. She made more than 80% on them.

So, Nancy is bearish Apple. But, we don’t follow her for her insider sales, we follow the Pelosi portfolio because it has been early to some of the best trends in growth investing. The Pelosi’s were early to NVDA. She has...

From the Desk of Steve Strazza @Sstrazza

When investing in the stock market, we always want to approach it as "a market of stocks."

Regardless of the environment, there are always stocks showing leadership and trending higher.

We may have to look harder to identify them depending on current market conditions. But there are always stocks that are going up.

The same can be said for weak stocks. Regardless of the environment, there are always stocks that are going down, too. 

We already have multiple scans focusing on stocks making all-time highs, such as Hall of Famers, Minor Leaguers, and the 2 to 100 Club.

We filter these universes for stocks that are exhibiting the best momentum and relative strength characteristics. 

Clearly, we spend a lot of time identifying and writing about leading stocks every week, via multiple reports.

...

Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.

We've also sprinkled in some of the largest ADRs from countries that did not make the market cap cut. 

These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.

It's got all the big names and more–but only those that are based outside the US. You can find all the largest US stocks on our original Hall of Famers list.

The beauty of these scans is really in their simplicity.

We take the largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.

Based on the market environment, we can also flip the scan on its head and filter for weakness.

Let's dive in and take a look at some of the most important stocks from around the world.

Here's this week's list:

This one is wild, but hear me out.

I just wrote about how the worst groups aren't breaking down.

Support zones are holding and bears are struggling to take control at key levels.

We’re seeing it with both short and longer term patterns and we’re seeing it across all areas of the market. Bulls keep digging in where they need to.

So I came across this pattern in Nike and thought why not. 

Make no mistake this is a purely technical call… for the most part.

I mean, seriously. Nike is one of the all-time great American brands. That still counts for something.

I’m always thinking about the strongest stocks.

Over the intermediate term, consumer discretionary is on top, rallying more than 40% off the summer lows.

So this is one of the areas where I’m searching for strength right now.

It’s the traditional top-down exercise for picking stocks.

The best way to go about it is to use the relative trends and drill down from sector, to industry, and eventually all the way to the individual component level.

While doing this today, I was flipping through my discretionary industry charts, and the relative ratio for Homebuilders really stood out. 

Here it is retesting a massive base breakout level from above.

This is the Dow Jones Home Construction Index $ITB relative to the Discretionary Sector SPDR $XLY. 

If the ratio digs in and bounces higher here, this is a structural trend reversal for the homebuilders versus their peer group.

The relative trend for homies vs the broader market looks similar. We’re talking about multi-decade bases that are just now resolving higher.

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...

We’ve been talking all about the lack of follow-through in recent weeks.

Fons just wrote an excellent post about failed breakouts. Upside resolutions won’t stick. We’re seeing it all over.

But, there’s more to the story. Breakouts failing to print is just one half of it. 

BreakDOWNs are not sticking, either. 

There is simply no directional bias in either direction. Resolutions are hard to come by. False starts, failed moves, and whipsaws are the norm. Both bulls and bears are getting chopped up and shook around.

I wanted to share a few failed breakdowns that stood out to me today, as this is an important distinction to make in a messy market environment.

Here’s Energy $XLE:

After exploring a breakdown to lows not seen since Q1 of last year, bulls stepped in and reversed it.

XLE shook below the double-top breakdown level for a few sessions before digging in and ripping higher. 

This failed move has...

I was talking to a colleague this morning and I told him I feel as if I do my best analysis when I'm writing about exactly what I'm doing in the market.

So today’s post is about Solana and why I’m closing my entire position… at least, for now.

Solana has been my largest and most profitable investment of the current cycle. It’s made up over 50% of my crypto exposure for the past 12-15 months.

But I’ve sold just about all of it over the course of the past few weeks.

As most of you know, I try to invest alongside the primary trend.

I got into the trend reversal on time, and now, I feel it's time to leave the party. With each passing day, I feel more and more like I’m overstaying my welcome.

Here’s what SOL looked like when I added the bulk of my bull market exposure over a year ago:

My cost basis in the trade is around 30. That is exactly where the primary trend flipped from sideways to higher.

You don’t need any special tools to measure this kind of thing. It is shown above with a rounding bottom reversal to new highs, confirmed by the...

Consumer discretionary stocks have been the best stocks over the intermediate term.

The Discretionary Sector SPDR $XLY is leading all other sector indexes over the trailing three and six months.

When we dive beneath the surface, this strength is being driven by a variety of retail stocks.

The largest retailers have led the charge for discretionary, as is the case for most sectors.

Here is the market cap weighted VanEck Retail Index $RTH, trading just off all-time highs:

The largest holdings here are Amazon $AMZN, Walmart $WMT, Costco $COST, and Home Depot $HD. 

It’s all the big boys. These mega-cap names dominate the discretionary sector.

But even the equal weight SPDR Retail Index $XRT is completing a primary trend reversal and embarking on a fresh uptrend.

The largest holdings of this ETF couldn’t be more different than RTH. The top names in XRT are as offensive as they come, including Gamestop $GME, Chewy $CHWY, and Warby Parker $WRBY. It also has high-fliers like Abercrombie $ANF and Urban Outfitters $URBN in its top...

From the desk of Steve Strazza @Sstrazza

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 Moderna, Square, and Snap.

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. Click here to check it out.

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, we...

From the Desk of Steve Strazza @Sstrazza

We love our bottoms-up scans here at All Star Charts. We tend to get really creative when making new universes as we want to be sure they will deliver us the best opportunities the market has to offer.

However, when it comes to this one, it couldn't be any simpler!

With the goal of finding more bullish setups, we have decided to expand one of our favorite scans and broaden our regular coverage of the largest US stocks.

Welcome to The Junior Hall of Famers.

This scan is composed of the next 150 largest stocks by market cap, those that come after the top 150 and are thus covered by the Hall of Famers universe. Many of these names will someday graduate and join our original Hall Of Famers list. The idea here is to catch these big trends as early on as possible.

There is no need to overcomplicate things. Market cap is a quality filter at the end of the day. It only grows if price is rising. That's good enough for us.

The bottom line is it is a bull market. We...

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...