41 new all-time highs among stocks that gained 1% or more today: CVI LAD PBH SRC TRS SNTA CRM LNKD CRPT TAL
121 new 52-week highs among stocks that appreciated 1% or more. Some of the notable movers include:
- Highly-shorted names continue to squeeze higher. One of the unwritten market laws says that all shorts must be squeezed, before the tide turns down. $TSLA, $LNKD, $CRM are among those with elevated short interest
- Refiners ($CVI, $VLO, $XTXI, $TSO), auto dealers ($LAD $CPRT), regional banks ($HAFC, $COBZ, $PSTB) keep going higher
StockTwits 50 Notables
- Notable selling pressure (profit taking) among a bunch of momentum leaders. Historically, it has been a good indicator of a potential market correction on the way. Eight St50 stocks dropped 2% or more: $DDD $SSYS $TASR $CVLT $PHM $LEN $V $FEIC
- $XXIA managed to find buyers near its rising 20dma and it is setting up again
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