- Retail Radar by Stocktwits
- Posts
- West Fraser Timber Nearly Ticks An All-Time High
West Fraser Timber Nearly Ticks An All-Time High
Boeing Breaks Down
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.
Every major index closed positive. The S&P 500 and Dow secured at an all-time high.
Utilities were the only negative sector. Technology and healthcare carried more than +1.00%.
New 52-Week Highs led New Lows — 157 vs. 22.
Reply