$FTAI Takes Flight
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 $1B market cap with high relative strength and low Stocktwits following.
Why is this combination important?
Stocks that are outperforming tend to continue to outperform. Stocks that have a low Stocktwits following are, by definition, undiscovered by the crowd. Stocks that have both Relative Strength and Low Stocktwits Following can really outperform as more investors discover them.
They are ripe to rip.
Markets were mixed. The Nasdaq Composite snapped back +1.26%. The Dow dipped -0.76%.
Tech advanced +1.83%. Communications carried +1.12%. Real estate and basic materials fell more than -1.25%.
New 52-Week Highs led New Lows — 61 vs. 44.
The Best of the Best
FTAI Aviation ($FTAI) is the best of the best. The aerospace products manufacturer flew +8.95% and closed at an all-time high.
$FTAI is up +115% YTD.
Here’s the daily chart.
And weekly chart.
$FTAI has 868 followers on Stocktwits.
The Worst of the Worst
SolarEdge ($SEDG) is the worst of the worst. The solar stock dropped -20.60% after it disclosed that it may fail to collect $11.4M from bankrupt customer, PM&M Electric.
$SEDG is on pace for its worst month of all-time.
Here’s the dumpster fire daily chart.
And monthly chart.
$SEDG has 14,684 followers on Stocktwits.
52-Week Highs
52-Week Lows
Riley’s Recommendations
Here are a few sweet links curated by Riley…
In Booming Bozeman, Montana, Tinworks Art Aims to Reimagine the American West
Inxect Island Repurposes Oil Rig for Plastic-Filtering Ecosystem Powered by Mealworms
Estudio Herreros Designs Floating Sauna That Offers “Retreat and Contemplation for All”
VW to Invest Up To $5B Into Rivian in Software Deal
Inside the Hedge Fund Boot Camps Creating Star Traders
SOM’s Residential Chicago Towers Break Ground in the United States
