- Retail Radar by Stocktwits
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- Credo Carries +12.75%
Credo Carries +12.75%
Franklin Falls -12.56%
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 snapped back. Every major index marched higher. The Russell 2000 rallied +1.32%.
Consumer discretionary and basic materials carried more than +1%. Financials were the only negative sector. $XLF fell -0.16%.
New 52-Week Highs led New Lows — 136 vs. 8.
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