MONEY FLOWS SHOW SOMETHING RARER IS HAPPENING IN TECH STOCKS DRIVING THE STOCK MARKET $FB $AAPL $AMZN $NFLX $GOOG $AMD $BABA $INTC $MSFT $NVDA $TSLA $QQQ $DJIA

Twitter
LinkedIn
Facebook

MONEY FLOWS SHOW SOMETHING RARER IS HAPPENING IN TECH STOCKS DRIVING THE STOCK MARKET $FB $AAPL $AMZN $NFLX $GOOG $AMD $BABA $INTC $MSFT $NVDA $TSLA $QQQ $DJIA $SPY

Popular technology stocks are leading the U.S. stock market higher. It seems investors are willing to push up shares even amid signs of a slowdown in global economic growth, mixed earnings reports and the unknown perils of the coronavirus.

A way to understand the strength in those tech stocks is segmented money flows, which are like an X-ray of stocks. Just like a doctor uses an X-ray to see what is going on below the surface, prudent investors can do the same with stocks.

About a month ago I wrote that something rare had just happened in popular tech stocks. Now something even rarer is happening. Let’s explore with the help of a chart.

Chart

Please click here for a chart showing segmented money flows in 11 popular tech stocks. Due to the significant outperformance of these stocks, it makes sense to look at them in addition to the Dow Jones Industrial Average DJIA and broad ETFs such as S&P 500 ETF SPY, Nasdaq 100 ETF QQQ and small-cap ETF IWM.

Note the following:

• A month ago I wrote: “The single most important observation from the chart is that, of the 33 money-flow-related data points, not a single one is neutral or negative. This happens only once in a blue moon.” Please see: “Something rare is happening among popular technology stocks.”

• Since then, tech stocks have risen strongly and carried the stock market up with them.

• One of the most notable changes in the last post was that the non-risk-adjusted ranking for Tesla TSLA had moved up to No. 1 from No. 9. Tesla’s stock has exploded since then. Please see: “This is how Tesla ranks compared with other popular technology stocks.”

See also  MOMO CROWD WANTS THE FED TO BOW TO THEM, WHAT HAPPENS TO THE STOCK MARKET IF THE FED DISAPPOINTS?

• As the chart shows, the non-risk-adjusted ranking for Tesla is still No. 1.

• Despite a big move up in Tesla’s stock, smart money flows are mildly positive, momo (momentum) crowd money flows are extremely positive and short-squeeze money flows are also extremely positive.

• The risk-adjusted ranking for Tesla remains in last place, as shown on the chart.

• Money flows show that momo-crowd buying is extremely positive in Microsoft MSFT, AMD AMD, Amazon AMZN and Apple AAPL.

• Money flows show that momo crowd buying is very positive in Facebook FB, Netflix NFLX and Nvidia NVDA.

• As the chart shows, momo crowd money flows are positive in Alibaba BABAINTC and Google GOOG,  GOOGL.

• The last occurrence of all 33 data points being positive was rare. Now the data points have become even more positive after a month of strong gains. This is even a rarer occurrence…Read more at MarketWatch.

A knowledgeable investor would have turned $100,000 into over $1,000,000 with the help from The Arora Report. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 2% of the content from our paid services. …TO RECEIVE REMAINING 98% INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES, TAKE A FREE TRIAL TO PAID SERVICES.

Please click here to take advantage of a FREE  30 day trial.

Check out our enviable performance in both bull and bear markets.

Subscribe to 'Generate Wealth'

Free Forever

More To Explore

30 Day Free Trial

Cancel within 30 days and you owe nothing

When you take a FREE 30 day trial, you get access to powerful techniques used by billionaires and hedge funds to grow richer. You can continue to use these powerful techniques to grow richer even if you cancel your subscription. You come out ahead by subscribing no matter how you look at it.

A fortune is to be made from AI stocks.
Get the list of 18 AI stocks to grab your share of the profits — no cost to you.

A fortune is to be made from AI stocks.

Get the list of 18 AI stocks to grab your share of the profits.

AI is a $1 Trillion Market

Making A Fortune
In Artificial Intelligence

Golden Age of Artificial Intelligence