Aftermarket Stock Analysis for Jun 02, 2021

Happy Wednesday, traders!

The market traded flat today.

The biggest winners of the day being:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
IVZ $28.48 $28.95 $8.34 $13,142,127,015 8355196
HFC $36.01 $42.39 $16.40 $5,849,571,962 4177400
ETSY $175.08 $251.86 $74.82 $22,253,122,858 4898030
SLB $35.46 $35.59 $13.62 $49,584,869,138 28388397
FTI $9.89 $13.04 $5.11 $4,457,109,418 14859335

and the worst performing stocks being:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
NUE $105.03 $110.97 $37.68 $31,429,382,429 6170530
TPR $42.71 $49.67 $12.16 $11,910,039,317 4552246
PVH $109.41 $121.17 $41.77 $7,797,208,465 2080097
LB $68.17 $71.99 $13.18 $19,012,466,639 4747504
TTWO $176.90 $214.91 $124.86 $20,459,562,852 1732092

Volatility is at 34.61, compared to yesterday's value of 35.11, 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
DLTR $98.03 $120.37 $84.41 $22,737,278,303 2858719
ABT $106.90 $128.07 $84.89 $189,942,073,821 19213641
HOLX $61.26 $85.00 $49.19 $15,695,554,069 2428297
CTXS $114.78 $172.18 $110.65 $14,251,893,425 1698914
DISCA $32.16 $78.14 $19.07 $15,868,454,061 8553147

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
MMC $139.33 $139.93 $99.89 $70,853,753,250 2110794
CCI $195.31 $195.40 $144.90 $84,410,959,760 1579251
AVB $212.75 $213.67 $128.95 $29,700,886,522 940218
DXC $39.76 $40.38 $14.73 $10,131,124,968 4227510
NLOK $28.49 $28.16 $17.87 $16,522,631,398 7321842

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
MLM $356.88 $383.12 $186.72 $22,258,214,103 511864
CVX $108.08 $111.74 $63.44 $208,384,636,066 9137119
DLTR $98.03 $120.37 $84.41 $22,737,278,303 2858719
FIS $149.19 $155.96 $119.56 $92,516,531,998 2552848
NWSA $25.93 $27.97 $11.12 $15,040,523,314 3354637

Have a great Wednesday!