How to Identify Stock Gainers and Losers
The stock market is currently experiencing a bull run. After the recent Covid-19 and Retail Sales numbers, stocks have reached all-time highs. This week many retail companies reported their earnings, but cyclical stocks have been weak. Airlines, cruise lines, casinos, and financial services are examples of companies that have seen their stocks fall. Crude oil also has been under pressure, falling below $80. Nevertheless, many investors still remain bullish.
Despite the volatile nature of the stock market, there are certain indicators that indicate stocks that will rise in price the next day. Gainers are those securities that will close higher than the previous day’s closing price. These indicators often correlate to the market index, which will rise as long as there are more gainers than losers. In addition, there are also cryptocurrency market “gainers” and “losers.”
Using a tool that highlights market movers will help you identify stocks that will rise in price. Stock gainers can help you make more money on your portfolio by providing bigger profits. Many trading strategies incorporate Gainers and Losers into their strategy. Listed below are some of the best ways to use market movers to make your portfolio more profitable. These indicators can help you identify profitable stocks and support your trading plan. The information on gainers and losers is also very useful for short-term trading.
