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- Amalgamated Financial Flirts With An All-Time High
Amalgamated Financial Flirts With An All-Time High
Stellantis Stalled -2%
Happy Sunday. 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.
Every major index finished positive. The Russell 2000 ran +2.10%.
Financials flew +1.93%. Industrials advanced +1.79%. Real estate and utilities rallied approx +1.00%. Consumer discretionary dipped -0.43%.
New 52-Week Highs led New Lows — 226 vs. 11.
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