Good afternoon, everyone, and welcome to the Stocktwits Top 25 Newsletter for Week 52 in 2020.
The Stocktwits Top 25 reports the 25 best-performing stocks in the S&P 500, Nasdaq 100, and Russell 2000 year to date (YTD), and tracks their performances over time.
Here are your Stocktwits Top 25 Lists for Week 52:
ST Top 25 S&P 500
The ST Top 25 S&P 500 drifted higher into the New Year. 16 of 25 names traded green.
Tesla took over the #1 spot, edging out long-time winner, Etsy. $TSLA gained 6.63% while $ETSY pulled back 6.5%.
Abiomed ascended 6.85% and moved up 8 spots from #22 to #14 on the ST Top 25 list.
Freeport McMoRan flew 5% and is a Winner below.
Qualcomm, Quanta Services, and Tesla are the list’s Freshmen.
The Stocktwits Top 25 S&P 500 Momentum Meter gained 0.72% while the S&P 500 gained 1.43%. The 0.71% differential indicates that the top stocks in the S&P 500 underperformed the full index by a small amount.
The Big Cap Nasdaq 100
The ST Top 25 N100 List posted back to back strong weeks. 19/25 names closed positive.
Tesla topped the $700 level & gained 6.63%. It still ranks #1.
Zoom Video was the list’s biggest loser, falling 10%. $ZM is a Sinner below.
Baidu and Activision Blizzard were the only Freshmen on the list. $BIDU bopped 13% and $ATVI ascended 2%.
The top 12 names on the list stayed put.
The ST Top 25 Nasdaq 100 Momentum Meter grew 1.28% during Week #52 while the full Nasdaq 100 increased 1.39%. The 0.11% differential suggests the top stocks performed in line with the full index.
Small-Cap Russell 2000
The ST Top 25 Russell 2000 List was a sea of red. 11 names closed down >10%. 19/25 names closed lower.
Celsius Holdings soared 14% after being added to the S&P SmallCap 600. The stock gained 6 spots on the ST Top 25 R2K List, moving from #12 to #6.
#20 $EXPI reversed and dropped 13% in Week 52. It’s a Sinner below.
Sunrun, Pacific Bioscience, and Atomera Incorporated are all Freshmen.
The ST Top 25 R2K Momentum Meter lost 6.48% while the Russell 2000 index closed down 1.45%. The 5.03% differential suggests that the top stocks were much weaker than the full index.
ST Top 25 TOP DAWG OF THE WEEK 🐶
The ST Top 25 Top Dawg for Week 52, 2020 is #6 R2K – Celsius Holdings Inc.
Celsius climbed 14% in Week #52 and doubled its ranking on the ST Top 25 R2K List, moving from #12 to #6. $CELH finished 2020 up 941.61%.
Here’s the daily chart:
$CELH soared 13% Thursday on news that Standard & Poor’s will add the stock to the S&P SmallCap 600 Index on Jan. 7.
Celsius’ overall energy-drink market share is less than 1%, but the company captured a 14% share on Amazon, gaining on Monster’s 31.2% share. Celsius online sales have grown more than 100% since the Covid pandemic.
The Winners 📈
△ #17 N100 – Baidu Inc was strong as a bull this week. The Chinese internet stock finished up 13.2% and made its debut on the ST Top 25 N100 List as a Freshman.
$BIDU bopped 12.6% on Wednesday after the EU officially finalized an investment treaty with China after more than seven years of deliberation.
The stock is up 158% since its March 18th bottom and now sits at a 2-year high…
△ #1 S&P 500 – Tesla Inc. is a Winner in back to back weeks. The only difference being Tesla is featured on the ST Top 25 S&P 500 list vs the N100 List. It’s now ranked #1 on both respective lists.
$TSLA closed green all four days this week and managed to clear the $700-century mark.
Jesse Livermore told his rule in the investment classic, Reminiscences of a Stock Operator, within the context of his operations in Anaconda Copper shares in 1907:
It was an old trading theory of mine that when a stock crossed $100, $200 or $300 for the first time the price does not stop there but goes a good deal higher, so that if you buy it as soon as it crosses the line it is almost certain to show you a profit.
Is $800 in $TSLA’s sights? Place your bets…
△ #23 R2K – Atomera Inc. made the cut and cracked the top 25 on the ST Top 25 R2K List. The stock was the second-biggest gainer on the ST Top 25 R2K List, increasing 13.63%. The semiconductor company is now ranked #23.
$ATOM broke out of a base in mid-December and has followed through since. Here’s the weekly chart, up 6 weeks in a row.
$ATOM is up 422% YTD.
△ #9 S&P 500 – Freeport McMoRan Inc. flew 5% and broke into the Top 10 rankings on the ST Top 25 S&P 500 List for the first time ever. The Phoenix-based mining company rose 2 spots from #11 to #9.
$FCX traded higher, breaking out of a 3-weeks tight pattern on Wednesday.
Here’s a must-see post shared by Chartist0_0:
$FCX is up 98% YTD.
The Sinners 📉
▼ #2 N100 – Zoom Video Communications got zapped 10% like a fly this week. The name remains at #2 on the ST Top 25 N100 List but trails Tesla by 347% 😜
Zoom has fallen in back to back weeks, showing a clear divergence vs the full Nasdaq 100 index.
$ZM currently trades ~ 9% above its 200 day moving average. Will the stock be supported at this level or slice right through? Time will tell…
Here’s a daily chart with the 200 day moving average in yellow:
$ZM finished 2020 up 396%.
▼ #20 R2K – eXp World Holdings broke down 20% after closing at highs in Week 51. The real estate company remains in the #20 spot on ST Top 25 R2K list.
$EXPI set the tone on Monday, falling 13.7%. The stock closed red every day after.
Here’s the daily chart. Notice the price found support at prior all-time highs. Will the level hold or fold? Time will tell…
