US momentum report - October 20, 2024

report on the strongest momentum stocks from S&P 100 and NASDAQ 100 index

Short Term Momentum

S&P 100

Ticker symbols: PYPL, SBUX, MMM, TMUS, META, ORCL, MCD, NVDA, IBM, AVGO,

NASDAQ 100

Long Term Momentum

S&P100

NASDAQ

Stocks to Watch

ISRG:

breakout after the results. Was trading in a tight inside range on weekly charts and finally gave a breakout after the results.

NFLX:

Had already spoken about Netflix as a potential breakout candidate stock. NFLX gave a breakout after the results.

CSCO

CSCO also gave a breakout and is moving with good momentum. Will wait for a pullback for an entry.

UAL

UAL is coming out of a large base.

CRWD

Rising back. Gave a breakout, retested the breakout levels again and is trying to move up.