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- Edgewise Therapeutics Takes Off
Edgewise Therapeutics Takes Off
Progyny Plunged -32%
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 surged. The Nasdaq Composite carried +2.51%. The Russell 2000 rallied +2.10%.
Technology and consumer discretionary gained more than +2.20%. Industrials and basic materials marched more than +1.50%. Real estate, consumer staples and utilities closed negative.
New 52-Week Highs led New Lows — 270 vs. 2.
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