Aftermarket Stock Analysis for Nov 02, 2020

Happy Monday, traders!

The market traded negative today.

The biggest winners of the day being:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
ALGN $458.24 $475.37 $127.88 $36,103,217,408 1240104
L $37.37 $56.88 $27.33 $10,480,192,280 1242175
URI $192.67 $203.57 $58.85 $13,898,558,722 1303147
NOV $9.11 $25.81 $7.70 $3,537,085,040 7797221
MHK $114.63 $153.05 $56.62 $8,161,082,850 1884188

and the worst performing stocks being:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
TWTR $39.47 $52.93 $20.00 $31,218,757,030 46230906
NOW $476.00 $533.37 $238.29 $91,296,800,000 1973788
KSS $20.58 $59.28 $10.89 $3,247,009,500 7541723
LUV $38.40 $58.83 $22.47 $22,666,483,200 11339451
NCLH $16.17 $59.78 $7.03 $4,456,759,230 24937562

Volatility is at 25.94, compared to yesterday's value of 25.33, which means consumer sentiment is worsening but you should still remain cautious as volatility levels are still quite high compared to historical rates of lower volatility. Selling options might be a good choice now with volatility still being high.

If you are looking to swoop in on a great deal - check out these over sold stocks:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
CTL $11.00 $15.30 $8.16 $12,072,940,000 0
WLTW $179.62 $220.97 $143.34 $23,153,916,100 832612
FIS $123.90 $158.21 $91.68 $76,881,065,100 4278131
AON $180.59 $238.19 $143.93 $41,833,673,500 2293946
CSCO $35.90 $50.28 $32.40 $151,534,618,000 23389253

Volatility is still quite high so it be better to buy the stock rather than call options.

On the flip side, for the more risk taking investor, these stocks here are overbought:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
ADP $161.41 $182.32 $103.11 $69,295,459,500 2740999
ALGN $458.24 $475.37 $127.88 $36,103,217,408 1240104
PWR $66.45 $66.94 $23.77 $9,226,117,350 2841206
TIF $130.96 $134.42 $103.89 $15,894,484,240 3173248
TPR $23.61 $30.40 $10.18 $6,547,413,270 8821940

You can make the case to short the stock or sell weeklies call options for a potential quick profit.

Our best value stocks for the day (stocks you should buy and hold for 1 year) based on our special variant of the magic formula:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
KEYS $104.75 $110.00 $77.93 $19,603,745,945 793276
LYV $50.23 $76.60 $21.70 $10,912,718,650 1668915
MHK $114.63 $153.05 $56.62 $8,161,082,850 1884188
PLD $101.88 $109.11 $59.82 $75,265,683,840 1821394
TROW $128.85 $148.88 $82.51 $29,175,892,050 1255588

Have a great Monday!