Market Update:
Both S&P 500 and NASDAQ 100 showed significant strength this week especially on Wednesday and on Friday.
Both indices are now above the 50 day Exponential Moving Average
Primary Reason: Easing core inflation data and strong earnings report from bank
Optimism coming from Trump inauguration and strong earnings from banking sector could propel the market higher.
Top Momentum Stocks
The stocks mentioned below are ranked based on their price momentum over 6 months.
These are not recommendations.
S&P100
TSLA
PYPL
AVGO
META
MMM
NFLX
COF
AXP
WMT
CRM
NASDAQ100
APP
PLTR
MSTR
TSLA
AXON
MRVL
CEG
DASH
FTNT
PYPL
The Premium report has
General watchlist: Some great names from Tech, Semi, AI Infrastructure, Banking and Energy industry
Focus List: a small group of top momentum stocks with charts and patterns showing trend continuation patterns.
Stock 1 - Top momentum stock that has strongest momentum since US election showing large base breakout with cup and handle.
Stock 2 - AI infrastructure company that just gave a breakout on friday.
Stock 3 - AI, Data, Cybersecurity company
Stock 4 - Data, AI company that had a huge gap up post last earnings and is now showing a trend continuation pattern.
and few more