Ryan Runs To An All-Time High

Ryan Runs To An All-Time High

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.

Friday’s markets were muted. The Russell 2000 ticked +0.23%. The S&P 500 and Nasdaq Composite dipped approx. -0.20%.

Consumer discretionary and communications advanced more than +0.50%. Energy and utilities tumbled -0.58%.

New 52-Week Highs led New Lows — 43 vs. 32.

The Best of the Best

Ryan Specialty Holdings ($RYAN) is the best of the best. The products and solutions provider for insurance brokers, agents and carriers carried +7.66% following news that it will replace Apartment Income REIT in the S&P MidCap 400.

$RYAN ran to an all-time high.

Here’s the daily chart.

And weekly chart.

$RYAN has 249 followers on Stocktwits.

The Worst of the Worst

SolarEdge ($SEDG) is the worst of the worst. The solar stock stumbled -3.79% and closed at its lowest price since February 2018.

$SEDG is down -32.62% so far this month.

Here’s the disastrous daily chart.

And monthly chart.

$SEDG has 14,623 followers on Stocktwits.

52-Week Highs

52-Week Lows

See the spreadsheet here.

And follow the Trends with No Friends Index here.

Riley’s Recommendations

Here are a few sweet links curated by Riley…

Rolls-Royce Teases Micro-Reactor: Zero-Emission Power Through Advanced Nuclear Technology

To Enhance Dining Platform, American Express Enters Agreement to Acquire Tock from Squarespace

Ferrari’s New Solar-Powered E-Building Opens Ahead of First EV Debut

Bentley Flying Spur Mulliner W12 Powers Elegant Design at Speed

EOS-X Space to Begin Flights Out of Earth From Spain and Abu Dhabi in 2025

Nike and Hyperice Unveil Heated Foot-Massaging Shoes

EVs Shatter Records at Pike’s Peak

New Mexico Piñon Coffee

Open to Feedback

Email me!

Want the latest?

Sign up for Riley Rosebee's Newsletter below:

Subscribe Here