There’s a New Surging Industry in Town! - InvestingChannel

There’s a New Surging Industry in Town!

“A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.” ~ Suze Orman

Dear Trader,

Welcome to today’s edition of Wall Street Connected.

Halfway through a week headlined by the S&P 500 passing 3,700 for the first time ever and continued strength in the Canadian stock market, staying up-to-date with momentum stocks is critical in the eyes of many experienced traders and investors when brainstorming income strategies (sponsored).

Should you be selling your stocks in 2020? (Sponsored)

Through previous weeks, we had seen biotechnology as a top-ranking industry by financial professionals as COVID-19 news continues to headline markets.

But due to the recent strength and minimal volatility shown by many semiconductor stocks, ESG investors may have become increasingly interested in the semiconductor industry…

Financial professionals with $1B+ AUM have, reflected by the semiconductor industry ranking #20 in surging traffic by financial professionals this week.

The highest ranking stock by surging traffic this week is Ozon Holdings Plc (OZON) as the stock recently exceeded initial public offering expectations.

TrackStarIQ Data

Here are some highlights from FA searches this week:

RANKTOP SEARCHES BY FAs (Surging Traffic) This Week [STOCKS]TOP SEARCHES BY FAs w/ AUM>$1B (Surging Traffic) This Week [STOCKS]TOP INDUSTRY SEARCHES BY FAs (Surging Traffic) This Week [EQUITIES]TOP INDUSTRY SEARCHES BY FAs w/ AUM>$1B (Surging Traffic) This Week [EQUITIES]
1NUROIWSYUraniumPrepackaged software
2HUMLNIOServices-Miscellaneous Amusement & RecreationAuto Manufacturers
3PERIWFCMotor vehicle parts and accessoriesBanks – Diversified
4SINGSNDLTelephone and telegraph apparatusDrug Manufacturers – Specialty & Generic
5FDCTOMERFood DistributionBiotechnology
6GTECZOMOther Precious Metals & MiningDrug Manufacturers – Specialty & Generic
7IGMSLCAMarine ShippingConglomerates
8SNMPLIZISpecialty Business ServicesSpecialty Retail
9AMLHQEPCReal Estate – DevelopmentCutlery, Handtools & General Hardware
10LDLFUBOREIT – Healthcare FacilitiesMotion picture and video production
11MTFCELMotors and generatorsElectrical Equipment & Parts
12ATIGWORKBeverages – BrewersSoftware – Application
13WLTGQBBBuilding Products & EquipmentSoftware – Infrastructure
14ONFLUtilities – Independent Power ProducersFootwear & Accessories
15HMYBABAFloor laying and floor work, miscInternet Retail
16TDYSOLOBeveragesAuto Manufacturers
17FATECAASTobacco ProductsAuto Parts
18GMDAEVKFarm & Heavy Construction MachineryApparel Manufacturing
19OBTXIGCServices-Computer Programming, Data Processing, Etc.Conglomerates
20MAJJAMDWaste ManagementSemiconductors

*- Surge data is based on the average traffic from the past two days compared to the average traffic from the previous market week.

What We’re Reading:

  1. The energy sector has struggled through the COVID-19 pandemic, but has recently enjoyed a short-term uptrend. Which energy stocks went from worst to best? Click for details…
  2. Real Estate inventory has decreased sharply in 2020 across the U.S., with the exception of one up-and-coming Northwestern city. Details here…
  3. Currency trading has been volatile in recent weeks, but the Canadian dollar has remained steady. There’s a little-known catalyst regarding why the Canadian dollar has traded with less volatility than other currencies. Here it is…

What We’re Watching:

Davis Martin recently got on camera to let viewers know why he loves TrackStarIQ’s verified institutional data-flow – and highlighted the power of options over stocks.

His recent watchlist picks sourced by TrackStarIQ data have helped some viewers make profitable trades as well.

Davis has a couple new stocks on watch today… Here’s a brief video watchlist.

What We’re Liking (Sponsored):

-InvestingChannel

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