The Strongest Stocks In the Current Market

All charts in this post are powered by MarketSmith

I ran a screen for the strongest stocks currently in the market that belong to the strongest industries. They all have a relative strength rating of 99, which means they have outperformed 99% of all stocks and ETFs in the past year. An Industry rating of A means they also belong to the strongest 20% of all industries for the past six months. The screen produced 17 results: ATTU, AYX, CDNA, CROX, DXCM, EHTH, GOL, I, LFVN, MDB, NSTG, NVTA, SEND, TNDM, TTD, TWLO, VCYT.

Out of those 17, the ones that are in a tight-range contraction and therefore, most likely to break out and outperform in a near-term perspective are: ATTU and NVTA.

Check out my latest book: Swing Trading with Options – How to trade big trends for big returns.