Today was a great day for the bulls as the S&P 500 is set to close up around +1.15% on the day. For the first time in a few sessions, all eleven S&P 500 major sectors are in the green as well, with Energy leading the way. Within this sector there were a couple of outliers that seemed to take the cake without any significant headlines being made.
OTC Energy Standouts:
NXT Energy Solutions Inc. (OTCQB:NSFDF) rocketed up to a session high of $0.5754/share (40.3%) today much higher than average volume. This move comes just a day after the stock closed over the 50-day SMA. The only key resistance level in its path is the 52-week high of $0.69/share.
Glencore PLC (OTC-PNK:GLCNF) also found success today, but not in the same manner as the prior mentioned company. This penny stock has been on a hot streak ever since the COVID selloff in March, slowly finding its way from a low of $1.29/share to getting up to a session high of $3.26 (+3.8%). This move is a strong continuation of the uptrend the stock has been riding as it bounced off its 10-day SMA just yesterday.