June 24, 2021, 1:35 pm EDT
Breaking Out with Low Volume
Nasdaq is breaking out to 14350 or +0.53% for a new record high now. S&P is also making a new high. Dow Jones index is a little bit behind but still scores impressive 336 points or +1% gains as of now.
However, excitement does not come with high volume. It means that only small groups of market participants chase the index to new record areas. Therefore, these markets ask traders and investors to exercise their sharp eyes to focus on few leaders in terms of individual stocks. Here is some stocks worth attention:
- Renewable Energy: FSLR
- Retailer: M, W, OSTK, GOOS
- Consumer Services: PTON
- Restaurants: SHAK, CMG
- Medical: ALGN
- Pharmaceutical: LLY
- Semiconductor: AMD
