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Adtalem Tallies An All-Time High
Qorvo Tests Its COVID Low
Good evening. Welcome to Trends with No Friends.
FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Trends With No Friends sifts through the noise and discovers stocks above $1B market cap with high relative strength and low Stocktwits following.
Why is this combination important?
Stocks that are outperforming tend to continue to outperform. Stocks that have a low Stocktwits following are, by definition, undiscovered by the crowd. Stocks that have both Relative Strength and Low Stocktwits Following can really outperform as more investors discover them.
They are ripe to rip.
Stocks stalled. Every major index inched lower. The Nasdaq Composite finished -0.56%.
Communications, basic materials and financials flew approx. +0.50%. Technology tumbled -1.59%.
New 52-Week Highs led New Lows — 173 vs. 37.
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