STOCKTWITS CHART ART: JUNE 27, 2024
The Stocktwits Summary 📝
The major indexes experienced a relatively muted day, with certain areas of big tech buoying the broader market. Meanwhile, a bounce in bonds helped to boost small-cap stocks, which are still trying to find direction. 🤷
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (+0.16%) | Bullish (67) | High (55) |
$QQQ (+0.26%) | Bullish (69) | Normal (52) |
$IWM (+1.01%) | Bullish (72) | Normal (52) |
$DIA (+0.08%) | Bearish (38) | Normal (54) |
*The ST Sentiment Score & Message Volume scales range from 0 to 100 (extremely bearish to extremely bullish). More info here.
And here were Stocktwits’ top Trending symbols:
Most Active📊 | Most New Watchers👀 |
|---|---|
GameStop | Rivian |
Micron Technology | |
Nvidia | Chipotle Mexican Grill |
Faraday Future Intel Electric | Nvidia |
Tesla | Chewy Inc. |
CHART OF THE DAY
Cyber Stocks Soar Amid Sector Rotation 💸
With money continuing to rotate throughout the market, weaker areas of the tech space, like software, have caught a bid. Today’s example is cybersecurity.
Stocktwits user @Wigglyick outlined the long-term bullish setup in one of the main cybersecurity industry ETFs, $CIBR. Although he’s already sitting on some nice profits, he’s looking for even more upside in the months ahead. 😮
SMCI Sets Up For Another Solid Run 👀
Small-Cap Biotech Stock Nears A Breakout 💉
Planet Looks To Shape Up For Second Half Of ‘24 🏋️
Market May Soon Wonder “Who Let The Data Dog Out?” 🐶
Clinical Research Stock Sets New All-Time Highs 🧑🔬
STOCKTWITS “TRENDS WITH FRIENDS”
Decoding AI’s Value Stack & The Future Of Tech 🤖
Stocktwits co-founder Howard Lindzon chops it up with pals JC Parets and Phil Pearlman every Thursday on "Trends With Friends."
This week, they’ve brought back technology expert and investor Michael Parekh to discuss the role of data in the AI revolution, how big tech like Apple and Tesla are implementing AI, and opportunities in the healthcare and small-cap space.
Watch it on YouTube, Spotify, or Apple, and subscribe to catch each episode when it goes live!
Mid-Cap Biotech Stock Finds Support 🔬
Mid-Cap Tech Stocks Sails Higher Amid Channel 📈
Drive-Thru Retailer Retests Key Resistance 🚗
STOCKTWITS “TRENDS WITH NO FRIENDS”
Another Pharma Stock Finds New Highs 👁️
The ophthalmic pharmaceutical and technology company's strong clinical trial data and product pipeline helped it reach new all-time highs.
This new list from Stocktwits sifts through the noise to discover stocks above $1B market cap with high relative strength (or weakness) and a low social following. In other words, we help you find the strongest trends before your friends. 😉
Click here to join thousands of other traders and investors receiving the latest “Trends With No Friends” in your inbox Sunday through Thursday. 📬
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