- Retail Radar by Stocktwits
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- IES Holdings Hits An All-Time High
IES Holdings Hits An All-Time High
iQIYI Tumbles Another -10%
Good afternoon. 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 Friday. Every major index marched higher. The Russell 2000 rallied +3.19%.
Every sector closed positive. Real estate and consumer discretionary carried +1.93%. Technology, energy, basic materials and industrials advanced more than +1%.
New 52-Week Highs led New Lows — 274 vs. 3.
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