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Market Impact: 0.22

The HDD Trade Just Crushed Everything in April: WDC and STX Lead the Picks-and-Shovels Rotation

STXWDC
Company FundamentalsMarket Technicals & FlowsInvestor Sentiment & Positioning

Seagate Technology and Western Digital extended their April rally, with shares moving higher again Thursday afternoon after a blockbuster month. The article does not cite new fundamental data, but the price action suggests continued positive momentum and constructive investor sentiment toward the hard-disk drive names.

Analysis

Seagate Technology and Western Digital extended their April rally, with shares moving higher again Thursday afternoon after a blockbuster month. The article does not cite new fundamental data, but the price action suggests continued positive momentum and constructive investor sentiment toward the hard-disk drive names.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35

Ticker Sentiment

STX0.35
WDC0.35