The Buzz 🐝 Week 21

Welcome to The Buzz! 

Week starting July 24, 2023 | Edition No. 21

Our mission at The Buzz is simple: to identify and profit from the most-talked-about stocks on social media. 

Every week, we compile a list of stocks trending tickers that are experiencing a large increase in the investor interest. We use social media data from our partners at Likefolio. 

In each weekly report, we outline 1-3 actionable trades. We also take a closer look at a few other charts from our list. Some weeks will have more actionable setups than others, as we don’t want to force trades. 

With any bottoms-up scan, many of these stocks are at the mercy of the broader market. We will always consider the current market environment when identifying our long/short ideas. 

None of these setups are guaranteed to work. Profitable trading requires you to take small losses and let your winners run. If price closes below our risk levels, we want to take the small loss and move on, to preserve capital for future opportunities. 

As always, feel free to reach out to me at Patrick@thechartreport.com with any questions or feedback. 

Let’s dive into this week’s list of trending tickers!

Download as TradingView Watchlist 

This table shows the rate of change in weekly mentions relative to a longer-term average of mention history. In less technical terms, this list shows us the most popular stocks on social media last week. 

List Overview

Largest (by Market Cap)

1.) $ASML - ASML Holding

2.) $NVS - Novartis

3.) $UPS - United Parcel Service

4.) $SAP - SAP

5.) $HDB - HDFC Bank Ltd.

Closest to 52-Week High (% Below 52-Wk High) 

1.) $NVS - Novartis

2.) $IAS - Integral Ad Science Holding Co. 

3.) $HDB - HDFC Bank Ltd.

4.) $WCN - Waste Connections Inc. 

5.) $DNUT - Krispy Kreme  

Biggest Gainers (1-Week % Gain)

1.) $ACAD - Acadia Pharmaceuticals, Inc. 

2.) $KTOS - Kratos Defense & Security Solutions Inc. 

3.) $HOPE – Hope Bancorp Inc. 

4.) $NVS - Novartis

5.) $OZK - Bank OZK

Banks are buzzing again, only this time, they’re catching some positive attention as many of them are starting to rebound. Also, Banks typically kick off earnings season, so they’re likely seeing a spike in mentions on the heels of earnings too. 

Pharmaceutical stocks were another stand-out group this week. A few drug makers appeared on the list, including $NVS, $ACAD, and $PRGO. The overall Health Care sector is slowly improving, so Health Care is worth a look. 

Technology stocks have cooled down in recent weeks, but within Technology, Semiconductor stocks continue to gain attention. While Tech remains the strongest sector, we think it deserves some pause in the near term, and we’re looking for areas outside of Technology that could catch a bid as the rally broadens out.

Let’s take a closer look…