The stocks herein are from the MarketSmith Growth 250. They have been ranked by relative performance, exhibiting strength as the indices remained near all-time highs on Monday. Crypto, consumer discretionary, retail, casinos, and semiconductor stocks also saw inflows to start the week. We’ll look for these groups to continue.
“Meta-verse” related stocks also saw inflows.
Futures are green this morning.
Relative Strength – Top 10
Consumer discretionary, and retail stocks should see inflows continue into Black Friday, the start to the hoiday season.
Crypto and semiconductors also populate the most active lists.
Macy’s (M) is on the watchlist, performing better than expected on Monday. Price action is above its bullish 9/21/50d moving averages rising on above average volume during the Monday session.
RS Line is climbing (98) with the number 1 ranked retail stock reporting earnings a week before Black Friday.
Click to enlarge chart.