Aftermarket Stock Analysis for Nov 04, 2020

Happy Wednesday, traders!

The market traded up today.

The biggest winners of the day being:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
UNH $354.56 $360.44 $187.72 $336,951,132,160 10314830
ANTM $327.97 $332.40 $171.03 $81,567,450,880 3975960
LLY $148.55 $170.75 $110.51 $142,100,256,100 12184748
CI $210.70 $224.64 $118.50 $77,369,250,700 7041305
BIIB $355.48 $374.99 $243.25 $54,701,973,360 14484190

and the worst performing stocks being:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
URI $179.19 $203.57 $58.85 $12,926,157,354 2745538
CMA $43.64 $73.43 $24.28 $6,069,800,320 4164571
MTB $98.48 $174.00 $85.09 $12,637,031,005 2226613
ZION $30.93 $52.48 $23.58 $5,073,618,415 4171604
VMC $136.36 $153.88 $65.56 $18,060,609,280 3215075

Volatility is at 22.35, compared to yesterday's value of 23.49, which means consumer sentiment is improving 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
AIV $26.66 $55.68 $24.53 $3,968,767,560 1821121
KMB $135.08 $160.16 $110.66 $45,945,705,960 2215870
CHRW $88.13 $106.75 $56.94 $11,980,920,980 1169692
NBL $8.46 $25.08 $2.73 $4,100,139,000 0
AON $183.37 $238.19 $143.93 $41,921,315,920 3122754

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
BIIB $355.48 $374.99 $243.25 $54,701,973,360 14484190
RMD $209.42 $212.28 $108.85 $30,348,099,300 675128
ALGN $483.25 $484.50 $127.88 $38,104,061,548 957566
TPR $23.82 $30.40 $10.18 $6,608,435,550 5359791
TIF $131.00 $134.42 $103.89 $15,899,339,000 1988929

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
TWTR $42.74 $52.93 $20.00 $33,809,115,005 34533024
ATO $95.53 $121.08 $77.92 $11,784,103,150 671977
BAX $75.61 $95.19 $69.10 $38,622,948,980 6718888
DE $233.42 $243.40 $106.14 $73,147,992,500 1990019
MCO $285.62 $305.96 $164.19 $53,639,436,000 894269

Have a great Wednesday!