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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...

Today is the infamous CPI day, where thousands of traders panic trade a number that's already baked into every model from here to Jupiter.

The real story? Yields are up, and they're throwing hands on my stock portfolio.

CPI day is basically astrology for finance bros. We check the numbers and retrofit narratives to explain why the market did exactly the opposite of what everyone predicted. "Mercury must be in retrograde" has about the same predictive power as Wall Street forecasts right now.

Meanwhile, Powell sits in his office, probably wondering why despite giving the most choreographed monetary policy in history, markets still act surprised every time he does exactly what he said he would do three months ago.

Earning calls now include the mandatory "higher for longer" drinking game, where management try to explain why their growth projections assumed yields would magically return to 2020 levels.

❌ Yields do NOT pass the vibe check.

They're that Andrew Tate fan at a party – nobody invited them, nobody likes them, but somehow they're controlling...

We're back on The Morning Show today LIVE on Stock Market TV!

If you want to know what's moving markets this week, and how we're thinking about profiting from it, then the Morning Show is for you!

Today's guest is Jay Woods, New York Stock Exchange Floor Governor and Chief Global Strategist at Freedom Capital Markets. He messaged me that he disagrees with my take on the market so we're about to debate LIVE on the show. You're not going to want to miss this one!

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If you're bullish on gold and silver mining, it's time to BUY BUY BUY.

Gold was the best-performing asset class in 2024, far outpacing precious metal stocks. 

We wouldn't be surprised to see the mining stocks catchup in 2025. Why?

Sector rotation is the lifeblood of a bull market. 

This chart suggests it's time for some mean reversion 👇

Writing to let everyone know that the next ASC Premium Mid-Month Strategy Session will be next Monday January 20 at 8 pm ET. 

From the Desk of Steve Strazza @Sstrazza

Welcome to The Minor Leaguers.

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.

Nowadays, 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 new...

We're back on The Morning Show today LIVE on Stock Market TV!

If you want to know what's moving markets this week, and how we're thinking about profiting from it, then the Morning Show is for you!

Today's guest is fellow twin-boy dad Todd Gordon, Portfolio Manager at Inside Edge Capital. Todd is an old pal, veteran trader and world class skier. You're not going to want to miss this conversation!

Join us today...

The Mötley Crüe song title comes to mind: Same Ol' Situation. 

It's always the same questions. Every bull market.

How much higher can stocks possibly go? Was that last high the top? Why is the economy not as strong as the stock market? 

That's the thing. We want to pay attention to what's happening around us. Because we've seen it before and we'll see it again. It's just humans being humans. 

I like to turn to the data and weigh the evidence so we can try to make the most informed decisions possible.

The way I see it, this has been a bull market for quite some time, well into year 3 now. Whenever a lagging sector has been most vulnerable to break down from a major top, the opposite has happened.

The money has come in and bought them up. We just saw that in Consumer Discretionary in the back half of last year...

We've been pounding the table on Walgreens Boots Alliance as one of the best potential short squeezes in the entire market. We nailed it!

The stock rallied nearly 30% on Friday for its best earnings reaction ever. 

This isn't an isolated event. Short sellers are getting squeezed all over the place.

Healthcare is one sector that is particularly ripe for a short squeeze. It's home to some of the most hated stocks in the world.

Stocks like Progyny are precisely what we're looking for, and here's why:

• It failed to resolve a massive distribution pattern, proving this stock isn't a zero (at least not yet).
• With 15% short interest and a 7x days-to-cover ratio, there's plenty of juice to spark a short squeeze.
• Short interest is making new 52-week highs, adding to our conviction in the offside positioning.
• Healthcare stocks are some of...

We're in the 3rd year of a bull market and sector rotation continues to be a dominant theme that's driving stock prices higher, and probably more importantly, not allowing them to go lower.

Stocks making new lows is a big deal, and it's a prerequisite in order to have a bear market or a downtrend of any kind. As we discussed this week, the current market lacks this key characteristic - that is new lows. You can't have a market correction without them. It's just math.

Also during corrections, you regularly see rotation into the more defensive stocks, like Consumer Staples. You don't have that either. In fact, Consumer Staples just closed at new all-time lows relative to the S&P500.

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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.

Sector rotation continues to be a major driving factor in this market.

We talked about it earlier this week in our LIVE Strategy Session. 

While some sectors and industry groups have been taking a breather, after these historic runs, other stocks have been catching a bid - things like Medical Equipment, Airlines and now Energy stocks.

The one constant, however, is the rotation OUT of Consumer Staples.

This defensive sector consistently outperforms when stocks are under pressure, and when it's a less than ideal environment to be putting risk on in equities.

This is the opposite of that.

Look at the new all-time lows for Consumer Staples relative to the S&P500:

And while Consumer Staples tend to underperform in healthy environments, it's the Consumer Discretionary stocks that outperform the broader markets during the good...