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- $WCN Collects An All-Time High
$WCN Collects An All-Time High
$WBA Wallops
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 $1B market cap with high relative strength and low Stocktwits following.
Why is this combination important?
Stocks that are outperforming tend to continue to outperform. Stocks that have a low Stocktwits following are, by definition, undiscovered by the crowd. Stocks that have both Relative Strength and Low Stocktwits Following can really outperform as more investors discover them.
They are ripe to rip.
Stocks surge into the holiday break.
The Nasdaq Composite carried +0.88%. The S&P 500 gained +0.51%.
Technology advanced +1.35%. Basic materials, consumer discretionary and utilities ran more than +0.50%. Healthcare tumbled -0.76%,
New 52-Week Highs led New Lows — 80 vs. 13.
THE BEST OF THE BEST
Waste Connections ($WCN) is the Best of the Best. The $45B trash collector company closed +1.41% and closed at an all-time high.
Here’s the daily chart.
And weekly chart.
THE WORST OF THE WORST
Walgreens Boots Alliance ($WBA) is the Worst of the Worst. The retail pharmacy fell -4.06% and closed at its lowest price since April 1997.
Here’s the daily chart.
And 3M chart.
RILEY’S RECS
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