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- Occidental Drops To Multi-Year Low
Occidental Drops To Multi-Year Low
Manhattan Associates Marches +3.33%
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 reversed with authority. Every major index finished higher. The Nasdaq Composite carried +2.17% after trading down as much as -1.40%. The S&P 500 surged +1.07%.
Technology advanced +3.41%. Consumer discretionary dashed +1.00%. Consumer staples and energy stumbled -0.93%. Financials fell -0.47%.
New 52-Week Lows led New Highs — 89 vs. 55.
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