Author: Ross Givens

Good evening, and welcome to this week’s edition of Stealth Trades!

Fed Chairman Jerome Powell has been hesitant to cut interest rates.

After massive money printing following COVID led to record-level inflation and the Federal Reserve was humiliated when their “transitory” prediction proved to be completely false.

Despite calls for lower rates from the President, Secretary of the Treasury, several Fed governors, and pretty much every Fortune 500 CEO, Powell has stubbornly refused to cut.

On Friday, Powell spoke at the Jackson Hole Symposium. Investors hung anxiously on his every word to hear whether we might finally get cuts in September.

And, lucky for us, that’s exactly what we got…

Powell came out dovish for the first time all year and all but confirmed rate cuts at the September meeting.

Investors cheered. Stocks soared. And bond yields came down today.

But, as expected, some areas did better than others. If you have been to any of my live events in the last few weeks, you have heard me talk about the strength I am seeing in the homebuilding sector and why I am extra bullish on those stocks.

Lower rates mean lower mortgages, and homeowners with 3% mortgage “golden handcuffs” might finally come into the market. I expect a housing boom in 2026 and 2027. And it appears that investors agree…

Homebuilders and building materials stocks soared, and many made new multi-month highs.

Mortgage and lending stocks also saw big gains with companies like Rocket Companies (+9.27%) and Upstart (+8.27%) leading the way.

A quick look at our sector performance charts shows a clear favoritism for this sector among institutional investors.

Tyler – a Traders Agency member and regular attendee of my Monday morning live sessions – sent me a link to an even bigger scanner from Finviz. It scans 144 industry sectors to identify which ones are leading the pack.

Look at the leaders this month: mortgage firms, residential construction, home improvement stores…

There is a similar pattern over the last quarter:

Nuclear and mining stocks have been hot all year, but construction is quickly climbing up the ranks.

Many investors – even some legends that I have great respect for – have begun sounding the alarm that the top is in.

But I see no evidence to support that…

The market continues to print net new highs. It has every day but one since mid-May.

The advance/decline line – which typically breaks down in advance of stocks before a market decline – is ripping to new highs.

This not only shows no signs of a pullback but points to higher stock prices in the near future.

Don’t get too caught up in the noise. Don’t listen to the whiners, naysayers and perma-bears. Just trade what you see. And right now, I see a healthy market with a lot further to run.

Best wishes for your trading,

Good evening, and welcome to this week’s edition of Stealth Trades!

For weeks, the Wall Street rumor mill has been stirring over a mysterious new $5 billion investment by Warren Buffett.

This morning, we learned what it was…

Despite reports by several sources claiming one large bet, it ended up being $5 billion invested in a small handful of stocks.

The biggest was United Health (UNH). Following the CEO’s assassination earlier this year, UNH stock has been battered. It is down more than 50% from its 2025 highs and Buffett decided to take advantage.

He purchased 5,039,564 shares between April 1 and June 30.

The rest of his buys, at least the major ones, came from the real estate/housing/construction space.

The Oracle of Omaha more than tripled his position in homebuilder Lennar (LEN). He also added 2 million shares of Pool Corp (POOL) – a clear bet on a boom in new home construction.

Berkshire Hathaway reported new positions in the real estate investment trust, Lamar (LAMR), and the building materials company, Allegion Plc (ALLE).

We have been seeing strength in the construction sectors for the last couple months now as I have discussed in our recent live webinars.

The 1 and 2-month sector performance charts below show these areas steadily rising up the ranks.

Buffett, along with myself and a lot of Wall Street, are betting on a housing boom.

I recommend watching stocks in these areas for potential breakout trades. Eagle Materials (EXP), for example, looks primed for a strong move higher.

I made a video walking through Buffett’s 13F filing as well as a few ways to position your money to profit from a move in this sector. Here’s the link if you want to take a look: https://youtu.be/Z02U-gx_mlY

We will discuss this more in Monday’s live training session at 9am ET. I’ll see you there.

Best wishes for your trading,

Good evening, and welcome to this week’s edition of Stealth Trades!

Here’s a scary chart…

Excluding the top 10 stocks (Nvidia, Apple, Amazon and the usual suspects), the other 490 stocks in the S&P 500 have seen almost no earnings growth since 2022.

For some people, this is alarming. They think the stock market has gone up too far too fast with no fundamental reason.

But nothing could be further from the truth…

You’ve heard me talk about the “theme” of the market and how I like to laser focus on the areas seeing the most strength.

Because guess what? Those are the stocks that ARE seeing big earnings growth or are at least expected to in the coming months.

The 2009-2020 bull market did not take place because the entire economy grew at record pace. GDP only grew at about 2% in each of those ten years. The stock market, on the other hand, gained an average of 13% each year.

How is that possible?

One word… concentration.

Just as the top 10% of earners pay the majority of all income taxes, the top 10% of stocks generate the majority of the profits.

In the 2010-decade, big tech was leading the charge. Facebook, Amazon, Google, Apple and Netflix saw MASSIVE earnings growth. As a result, they saw their share prices and market caps soar.

This meant the companies with the fastest earnings growth were also representing a larger and larger share of the market indexes.

We saw the same thing with Nvidia over the last few years.

In 2021, Nvidia represented just 1% of the S&P 500 index. Then came the AI boom. They have grown earnings at 74% PER YEAR for the last five years. This one stock now makes up a whopping 8% of the S&P 500.

Today, the top 10 stocks control 38% of the index.  This is higher than usual, but not as much as you think.

Even as far back as 1880, the 10 largest companies were a quarter of the overall market.

Today that figure is at 38%. But it makes sense…

Globalization has allowed firms to expand worldwide quickly and efficiently. Companies like Google and Netflix can expand across the globe with nothing more than a few offshore server farms to support the load. Everything is digital.

Sky high profits also mean deep pockets, and big tech has been systematically gobbling up its competition for years to grow by accumulation.

If I were to guess, I would bet that 38% figure is higher in ten years, not lower.

I always laugh when I hear someone say they have a concentrated portfolio of 10-20 stocks. Because 9 times out of 10, those are the same 20 stocks everyone else holds – Apple, Alphabet, Nvidia, Microsoft, etc.

You’re not going to outperform the market with those mega cap stocks… you ARE the market.

Personally, I’m glad the growth is only coming from select areas. That’s what gives us our edge. If out of 500 stocks, only 40 or 50 of them delivered all the earnings growth, think about how much better you will do by owning just those?

I don’t want to own the whole market. I don’t want to “ride the index” like every other sucker. I want to be where the action is. I want to be in the fastest growing stocks during strong bull markets and watch those stocks double and triple.

That’s the recipe for a big performance. That’s how you beat the market.

Best wishes for your trading,

Good evening, and welcome to this week’s edition of Stealth Trades!

One of the great fallacies of trading is that we wish for a pullback but when it comes, it is hard to buy.

Right now, stocks are pulling back. The Nasdaq opened today below its 20-period moving average for the first time in 100 days.

But believe it or not, this is a good thing…

The market experienced an incredible rally over the last four months – a 40% move in just 115 days. But strength like this is not sustainable.

The market needs to ebb and flow. Powerful moves higher must be digested and absorbed before the next advance can begin. When it doesn’t, the inevitable crash is always painful.

We saw this in the dot-com bubble of the late 90s, the post-COVID tech and crypto boom, and countless other examples where market euphoria drove certain stocks to irrationally high valuations.

We need sellers. We need investors to take profits, sell short and put up some resistance in the market in order to keep prices fair and orderly. Great stocks will still outperform, and breakouts will still work. In fact, breakout trades will work even better after sellers have been absorbed and supply dissipates.

As of this morning, the major indexes are down about 2% on the day. Tariffs kicked in today and Trump did not extend the deadline like usual. In fact, he imposed a wave of new tariffs that could slow economic growth.

Amazon fell 8% overnight after earnings showed lower-than-expected growth in AWS. Coinbase also gapped down on weak numbers. This didn’t help either.

But, in my opinion, this retracement is a positive thing. Many of the top stocks I am watching are extended. I like to buy from tight consolidation areas – not at the top of a 60% advance. This pullback will allow some of those names to compress and set up fresh new entries.

Nuclear is still my favorite sector right now. OKLO, which I bought on the initial breakout in April, has tripled. But if it can tighten up, absorb the sellers, and do something like what I’ve drawn below, I would love to get back in.

Another nuclear stock, Constellation Energy (CEG), is retesting the breakout area:

So is Dennison Mines (DNN):

D-Wave Quantum (QBTS) is kissing the 50-day moving average for the first time since the May breakout:

Historically, the first touch of the 50-day is almost always a great entry in a market leading stock.

MP Materials (MP) is making huge deals in rare earth minerals with everyone from Apple to the Department of Defense. This stock has been a monster, and it is completely ignoring the market dip.

Watch for a push through this consolidation area. This stock may very well run some more.

I don’t like buying stocks just because they are down. It’s like trying to catch a falling knife. You never know how far it will fall.

But these periods of market weakness are a great stress test for leading names. My preference is to buy pullbacks to support areas (key moving averages and previous breakout levels) or after they consolidate and set up for a fresh move higher. And that is exactly what I am looking for right now.

Best wishes for your trading,

Good evening, and welcome to this week’s edition of Stealth Trades!

Follow the money. That is my investing mantra. And if you have been reading my weekly email for any amount of time you know that means focusing on the strongest areas of the markets – the ones where money is flowing into.

For the last several months, leadership has been clear – nuclear, quantum computing, AI, crypto and metals.

But I am beginning to see signs of life in a once forgotten corner of the stock market…

Solar stocks have been complete garbage for the last four years. After peaking in 2021, the solar sector has marched steadily lower as can be seen in the Invesco Solar ETF pictured below.

That is beginning to change, however.

The market strength scan I run each week shows the solar group quickly marching up the ranks.

Solar energy is now one of the top-performing sectors over the previous one, two and three-month periods.

This could be the start of a new Stage 2 move, and it is one we need to stay on top of. Because these stocks, especially after falling 80-90%, are capable of making big moves to the upside.

This is not an area I want to get super aggressive in right away. But it is worth taking a stab at a few setups here, and… if they work… start putting our foot on the gas.

Canadian Solar (CSIQ), for example, is coming out of a 10-month base formation.

Higher highs, lower lows, shallowing pullbacks… It has everything I want to see in a stock coming off its lows.

This was a $65 stock a few years ago. Today it trades for $12. If this thing gets legs, it could easily double or triple from here.

JinkoSolar (JKS) is another one…

After nearly doubling off the April lows, the stock is consolidating in the $23-$25 range where it found resistance earlier this year. After absorbing this supply, the stage will be set for another possible surge higher.

SolarEdge (SEDG), although choppy, is showing similar characteristics…

This stock fell 95% from its post-COVID highs. Three years ago, it was worth $360 a share. It now trades for just $27.

Right now, the action is volatile. Solar companies are regrouping after the federal subsidies that drove revenue growth a few years ago have been officially cut off.

But the market is never wrong. And whenever I see strong broad-based price action like this, positive news typically follows.

Will subsidies be back on the table? Has there been a technological breakthrough that will bring down production costs or increase efficiency? Have Chinese tariffs strengthened domestic manufacturers?

I don’t know. And frankly… I don’t care. Someone is buying, and they’re buying big. So, I am adding this to my list of groups to focus on.

If you don’t already have one, make a watchlist of solar stocks you can flip through periodically. In fact, I’ll save you some work. Start with these:

FSLR, ENPH, NXT, HASI, RUN, SEDG, ARRY, CWEN, ENLT, SHLS, JKS, CSIQ, DQ, ENRG, SPWR, RNW, MAXN.

I probably missed a few, but that’s a good list to start with.

Best wishes for your trading,

Good evening, and welcome to this week’s edition of Stealth Trades!

I have said it a thousand times, but it bears repeating…

If you want to make big money in the stock market, you need to focus on the leading groups.

These are the stocks that Wall Street is buying. Their pockets are deep. They invest billions at a time. And the areas where they are investing will rise faster than others.

Over the last two years, AI has been the dominant theme. The smart money wanted everything even remotely related to artificial intelligence. So, most of the big winners came from the semiconductor, data and software groups.

I focus almost exclusively on whatever groups are leading.

Will there be good trades in other areas of the market? Sure. But I want to stack the odds in my favor. I want every possible advantage. And buying names with big institutional support is nothing short of a cheat code for traders.

Right now, there are 5 groups dominating everything else – CRYPTO, NUCLEAR, METALS, QUANTUM COMPUTING and ARTIFICIAL INTELLIGENCE.

These are the honey holes. Look for trades on the top stocks in these 5 groups and I can almost guarantee you will outperform.

Earlier this week I published a short video covering how to build a powerful stock watchlist. If you didn’t see it, watch it here: https://youtu.be/GIJjqVHz_iE

Over time, this list will change. Certain areas of the market will become more popular, and others may fall out of favor. But doing this exercise just once a month will keep you in sync and focused on the right areas.

If you’re feeling lazy, my list is below. These are what I believe to be the top 50 stocks right now.

Each of these stocks ranks in the top 10% for relative strength, has an average daily range of at least 2%, and comes from one of the five leading groups I listed above.

There are a lot of big winners in this list. And many of them are just getting warmed up…

Crypto/Digital Payments: NASDAQ:COIN, NASDAQ:HOOD, NASDAQ:MSTR, NASDAQ:CORZ, NASDAQ:GLXY, NASDAQ:CIFR, NASDAQ:CLSK, NYSE:NU

Nuclear: NYSE:CCJ, NYSE:SMR, NYSE:OKLO,AMEX:LEU, AMEX:UEC, NASDAQ:CEG, AMEX:DNN, NASDAQ:NNE, AMEX:UUUU, NASDAQ:EU

Quantum Computing: NYSE:QBTS, NASDAQ:QUBT, NYSE:IONQ, NASDAQ:ARQQ, NASDAQ:RGTI, NYSE:ORCL, NYSE:COHR, NASDAQ:LRCX, NYSE:TSM, NYSE:RBLX

Mining & Metals: NYSE:MP, NYSE:CRS, NYSE:SAND, NYSE:CDE, NYSE:IAG, NYSE:AG, NYSE:KGC, NYSE:AU, NYSE:AEM, NYSE:WPM, NYSE:GFI

Artificial Intelligence: NASDAQ:NVDA, NASDAQ:PLTR, NASDAQ:PEGA, NASDAQ:NFLX, NASDAQ:AVGO, NASDAQ:META, NASDAQ:AMD, NASDAQ:SOUN, NASDAQ:SYM, NASDAQ:UPST, NYSE:AI

Best wishes for your trading,

Good evening, and welcome to this week’s edition of Stealth Trades!

“[Trump voice] Would you look at that? What a beautiful move. Look at that breakout.  Wow. I know breakouts and let me tell you… this one is the best. Really incredible.”

In all seriousness, this is a textbook move. If you didn’t get my text yesterday, Bitcoin broke out from a near perfect consolidation base.

After climbing nearly 50% from April to May, BTC consolidated for two months. A series of shallowing pullbacks and a clear resistance level formed the setup. And the buy signal was a breakout to new all-time highs.

The chart above is actually an IBIT – an exchange traded fund that holds bitcoin but trades like a stock on the regular stock exchanges.

Purists like to buy the actual cryptocurrency. I don’t trust most of those sketchy offshore crypto brokers, plus it is easier to buy an ETF since I can do it from any major brokerage account.

Bitcoin, at least to me, is one of the easiest instruments to trade. Since it has no sales or earnings like stocks, there are never any surprises. Transactions are driven purely by supply and demand.

Because of this, it tends to trend well and trade in an orderly manner.

Below is a chart of Bitcoin over the last few years. Notice the pattern…

Strong move. Consolidation.

Strong move. Consolidation.

Strong move (which was stalled by the trade war). Consolidation.

It’s rinse and repeat. Nothing is guaranteed. And when the stock market undergoes a deep correction, BTC tends to follow suit.

But right now, the major indexes are trading at all-time highs. Inflation is tamed. GDP growth is healthy. And analysts expect 6 rate cuts over the next year and a half.

The stage is set for another powerful move higher for Bitcoin.

Best wishes for your trading,

Good evening, and welcome to this week’s edition of Stealth Trades!

Last week was a short one. As such, not much changed in the stock market.

So instead of wasting your time with a market update, I’d like to instead share a simple strategy for trading stocks that gap up in the morning.

A “gap up” is when a stock opens significantly higher than it closed the day before. This is typically due to earnings, drug trial results, or some other positive development with the company.

Here’s one that took place this morning – Wolfspeed (WOLF).

You are looking at a 5-minute chart. WOLF stock closed Thursday at $1.17 then gapped up to open today’s session 23% higher at $1.44.

Gaps are tough. Sometimes, a stock will gap up and just rip higher all day long. Other times, the gap is met with immediate selling, and most of the overnight gain evaporates.

There is almost no way of knowing which scenario you will see. But there is a way to protect yourself and ride the ones that shoot higher.

It is called the Opening Range Breakout strategy. And – just as the name implies – the goal is to buy the breakout of the opening range.

The first few minutes of trading will see heavy action. Momentum traders jumping in, current investors cashing out, and all sorts of rebalancing activity take place. After that, the stock picks a direction.

Depending on the size of the company, this opening range action will take somewhere in the neighborhood of 1 to 15 minutes. So, here’s what you do…

Set your chart to a shorter timeframe like 5 or 15-minute bars. I will be using 5 minutes in this example.

Once that first bar completes, draw a line at the top and bottom of the range. If the stock breaks out above the opening range, you buy. Then place a sell stop order at the bottom of the opening range.

This morning’s trade in Wolfspeed would look like this:

In this case, the opening range was a bit wider than I like at 10%.

But that risk would have been more than justified as the stock ran another 70% higher from your opening range breakout point (see below).

The goal of the trade is to get the most favorable risk/reward ratio possible. Oftentimes, that opening range is just 3 or 4%.

What I like to do is sell some of the position once I am up a multiple of my risk. In the case of WOLF, since the initial risk was 10%, I would have been selling a quarter or half of my position once it was up 20-30%. At that point, you can raise your stop to breakeven and let the trade work.

This setup will not always work. In fact, you will probably lose more than you win. But it is a way to sometimes get returns of 10X or 20X your risk.

Look at this entry on Tesla (TSLA) back in November…

After Trump won the election, Tesla shares gapped up 13% overnight.

The 5-minute opening range the next morning was less than 3%. Three percent is a small risk to potentially catch a big move on Tesla.

It did not hit the entry point until the end of the day.

But once it did… liftoff.

This was the beginning of a powerful 6-week move in Tesla that delivered up to a 66% gain. Heck, you would have been up over 20% in the first couple days… by risking a measly 3%.

This is not the end all be all. But it is another trick to have in your toolbox.

I use this a lot when I’m waiting for a stock to break out and it does so on an overnight gap. Instead of placing my stop loss way down at the previous swing low, I use the opening range breakout strategy to keep tight entry and exit parameters.

Give it a shot and let me know what you think.

Best wishes for your trading,

Good evening, and welcome to this week’s edition of Stealth Trades!

The Nasdaq and S&P 500 indices both made new all-time highs today.

Back in April I advised readers that the low was in, and it was time to start buying. I predicted that the market would make new highs by the end of the year. But even I didn’t expect the recovery to be this quick.

But you’re not too late…

In all likelihood, we have another 12-18 months of bull market in front of us.

Stocks surged in April in May before digesting the move this month. And now, the breakout is underway.

If you attended one of my live webinars last week, you saw me lay out our go-to breakout pattern for explosive returns.

This pattern has appeared in many of the best-performing stocks of the decade – right before they began their ascent. And the indexes are no different.

The chart above is the S&P 500. Trump’s trade war caused a big dip. But notice the shallowing consolidation we have seen over the last several weeks. This is the market “digesting” the move.

Traders like us who bought in April were taking profits. New money was flowing in from investors scared of missing out. Over this period, equilibrium was achieved, supply was absorbed, and stocks are now free to resume their march higher.

The nuclear theme continues to play out and remains the top-performing area right now along with crypto, AI and metals.

We are also beginning to see strength in the defense sector. This is unsurprising given the macro picture. Trump is also pushing NATO countries to increase their defense budgets to 5% of GDP. This would send billions to the big defense contractors like Boeing and Northrop Grumman.

I will continue to keep you informed of any major shifts in these institutional buying patterns.

The best performing stocks right now are nuclear, quantum computing and AI names – CRWV, QUBT, CCJ, SMR, IONQ, OKLO, GEV, PLTR and HOOD to name a few. I would buy any one of these stocks on a pullback to the 20-day moving average, a 3-week tight consolidation, or a clean breakout to new highs.

Right now, the wind is at your back. You have a strong bull market making new highs, clear market leadership, low inflation, expected rate cuts, and a ceasefire in the Middle East. So, you don’t need to wait for perfect setups. The important thing is just getting into the right stocks.

Palantir (PLTR) as you can see below, is buyable at any pullback to the 20-day moving average.

Robinhood (HOOD) follows more of a traditional stair step pattern (see below). It will run, consolidate, run, consolidate, over and over. When you see it consolidate for 1-2 weeks, get ready to buy when it breaks out to the upside.

Don’t overcomplicate it. Bull market, leading groups, top stocks. Stick to that and it will be hard to mess up.

Best wishes for your trading,

Good evening, and welcome to this week’s edition of Stealth Trades!

The stock market is within 2% of making new all-time highs.

Pessimistic naysayers and the doom and gloom crowd have missed a historically strong rally over the last nine weeks.

We however, spotted the tell-tale signs that the low was in and have been aggressively long since early April. Alpha Stocks members are up 150% on OKLO, 148% on QUBT, 37% on HUT and have another 92% in open gains on a handful of other names – all since mid-April.

But this is just the beginning…

If history is any indication, we should see another 6-18 months of strong bull market.

I talk about this often, but it bears repeating – it is crucial to identify market leadership early. Every bull market is driven by an overarching theme. A few sectors will outperform the rest, and the biggest gains will come from stocks in that group.

The last few years were driven by AI. Stocks like Nvidia (NVDA), Super Micro Computer (SMCI) and Applovin (APP) soared more than 1,000% each. AI was the theme, and stocks in the semiconductor and software sectors were the biggest winners.

Today – just two months into a new bull market – we are seeing a few clear themes play out. Nuclear is the clear leader, but gold/metals, crypto, quantum computing, and AI are also showing big strength.

The image above is our Industry Strength indicator. It ranks the top-performing sectors over the last 1, 2, 3 and 6-month periods. I color-coded the groups showing up consistently.

Nuclear is obvious – #1 on every time frame. Institutional dollars are flooding this sector as the White House begins an aggressive nuclear agenda. OKLO, SMR, NNE and a few others have surged.

I bought NNE last week and recommended members to the same in last week’s email update. If you took my advice, you are already up 15-20%.

Crypto is also very strong. And not just cryptocurrencies themselves, but also stocks that benefit from a strong crypto market like RobinHood (HOOD) and MARA Holdings (MARA).

The mining and metals group appears on every list. Gold has been strong for a year and a half and looks like it is getting ready for another surge higher (see chart below).

The quantum computing sector has delivered huge gains for stocks like QUBT, QBTS and RGTI. They have calmed down over the last few weeks, but I expect to see more upside here.

And, of course, we are still seeing AI dominance (represented by the semiconductor and software sectors).

eSports is another area showing strength, but this is a relatively small group of stock. And the bulk of the outperformance is due to one stock – Roblox (RBLX).

I’m sure I sound like a broken record, but focusing on the leading groups early in a bull market is the single best way to achieve big performance.

Make a watchlist of the top 3-5 names in each of the top sectors and keep a laser focus on those names. Watch for breakout patterns, flags, and pullbacks to support. Then, when your buy point is hit, trade with conviction.

Conditions will not always be this good. When they are, you owe it to yourself to take advantage. My account is up 19% in the first three weeks of June.

My goal is to double it by the end of the year.

Join me in the live Stealth Trades session Monday morning at 9am ET. I will be putting together a watchlist of the top 20 or so stocks to focus on the second half of the year.

If you got this email, you have access. Just watch your inbox for the Zoom link Monday morning.

Best wishes for your trading,