With all the announcements of layoffs and worry about recession, how did the U.S. economy gain 261K jobs last month? This is well over the 10-year average of 157k jobs/month.
Hereβs where the economy has been moving in 2022.ππΌ
In addition to the best, we're aiming to be the most transparent stock selection service.
Use the dashboard to check our performance over the past 30 day window and search every stock we alerted (on page 2).
Highest gain: $VAPO (188%)
Average gain: 17.3%
https://t.co/aAGW0t2MLK
For the third week in a row, consumer stocks have convincingly claimed the 1st or 2nd spots for stock market gains.
Look for this trend to continue this trend through the holiday season.
Consumer #stocks dominated the market last week with the top spot going to $TSLA, adding $1.31B to its market cap.
$XPEV, $BABA, $NFLX, and $NVDA rounded out the top five market inflows with over $500M each.
https://t.co/fT7PJJI7pa
Big moves in short selling yesterday:
$MYO - 42,944,943 shares (36.1% of total volume)
$TITN - 10,722,865 shares (27.5% of total volume)
$CRBP - 3,949,863 shares (17.1% of total volume)
Short sale volume on $OTIC spiked yesterday and the stock continues to πππ
Stocks with high shorts can be big profit trades, but it's easy to get caught on the losing side.
Our AI separates the good squeezes from the bad.
$BNTC is looking a bit colder after its target price was lowered by $6.00 to $4.00.
The target is still 20x greater than yesterday's close price, but more downgrades may be on the way as analysts lose hope in the stock.
Biggest moves in short selling yesterday:
$TBLA - 2,816,568 shares (23.2% of total volume)
$TALK - 20,748,666 shares (29.1% of total volume)
$WISA - 3,949,863 shares (33.2% of total volume)
$BTU moved up 796 spots to #89 in popularity on financial subreddits, signaling some huge interest in the stock.
Watch out for the FOMO, but stocks with high Reddit attention tend to have continuation moves
Technology and consumer #stocks dominated the market last week. The top 5 companies with the biggest inflows were:
$DIS $382.00 million
$IMGO $311.96 million
$AMD $263.72 million
$BABA $226.62 million
$BURL $211.82 million
https://t.co/vfCtbdPPkb
High short selling on $AENZ and $OBSV continued Wednesday.
In total, 32.4% of $AENZ avg. daily volume and 22% of $OBSV was shorting.
Both stocks had great gains on Tuesday that broke down through Wednesday.
$KD also had unusually high shorting on Wednesday (73.4% of volume)
$AENZ had big pop in pre-market yesterday, but short sellers brought it back down with some of the biggest short volume (34%) in the market.
Other big moves in shorting yesterday:
$DKS - 1,586,571 shares (24.7% of total volume)
$OBSV - 11,769,521 shares (22.0% of total volume)
Big moves in short selling yesterday:
$TC - 1,802,350 shares (34.8% of total volume)
$PANW - 1,300,361 shares (19.4% of total volume)
$NMTC - 1,573,718 shares (33.8% of total volume)
$GEO remains popular on Reddit, currently at #64 on the finance boards.
The stock was heavily shorted last week after famed short-seller Michael Burry disclosed a position in the prison company.
If you bet on Technology #stocks last week, you were starting with a winning hand. The top 5 stocks with the biggest inflows were:
$BABA $823.83 million
$AMD $675.12 million
$SE $666.58 million
$TSM $429.80 million
$AAPL $387.07 million
https://t.co/vbUI9m0wv5
$THTX is looking hotter after its target price was increased by $2.09 to $4.82--a 43% difference from Friday's close price.
The target was likely getting stale as the stock made a 20% move last week.
We don't have a forecast here but analysts think there's more to come