- Retail Radar by Stocktwits
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- ResMed Rips +7%
ResMed Rips +7%
Walgreens Continues To Wallop
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.
Markets were muted. The S&P 500 and Nasdaq Composite carried +0.16%. The Russell 2000 fell -0.67%.
Technology and financials gained more than +0.50%. Energy and utilities dipped more than -0.75%.
New 52-Week Highs led New Lows — 123 vs. 7.
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