May 10: 2 Strong Themes — Defense & War, Hydrogen (Fuel Cells, Vehicles)

May 10, 2019 · #Defense & War #Hydrogen (Fuel Cells, Vehicles)

2 strong themes — 2 recurred. Top: Defense & War +6.3%.

Strong themes2 Top change+6.3% LeaderVictek

Average change by strong theme

Average change of member stocks, by theme · descending
Defense & War
+6.3%
Hydrogen (Fuel Cells, Vehicles)
+6.2%

Theme leaders · recent trend

The line is the trend; the end-point colour is the last trading day's direction. Stocks without enough price history show as -
ThemeLeaderChangeTrend
Defense & WarVictek+9.19%
Hydrogen (Fuel Cells, Vehicles)JNK Global+9.91%

Two themes led the 2019-05-10 session, and every stock in both closed higher. Defense & War posted an average change of 6.32%, just ahead of Hydrogen (Fuel Cells, Vehicles) at 6.18%.

Defense returned after a 36-day gap, led by Victek at 9.19% on volume of 31396251 shares. HanilForgingIndustrial added 3.46%.

Hydrogen (Fuel Cells, Vehicles) came back after an 11-day gap with all 5 stocks up. JNK Global led at 9.91%. A same-day report put this year’s hydrogen car supply target 35% higher, at 6358 units.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Defense & Warrecurred after 36 days+6.3%2/2Victek
2Hydrogen (Fuel Cells, Vehicles)recurred after 11 days+6.2%5/5JNK Global

Theme by Theme

1. Defense & War (recurred after 36 days)

StockChangeCloseLeader
Victek 065450+9.2%3,385★
HanilForgingIndustrial 024740+3.5%1,495

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2. Hydrogen (Fuel Cells, Vehicles) (recurred after 11 days)

StockChangeCloseLeader
JNK Global 126880+9.9%5,880★
Unick 011320+7.2%7,450
Pungguk Ethanol 023900+5.7%16,650
NS 126870+4.9%5,590
NK 085310+3.2%14,500

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Closing Thoughts

Both themes are one-day episodes so far, each with a streak of 1. The next data point is whether Defense & War carries on past 2019-05-10.

For Hydrogen (Fuel Cells, Vehicles), the news about the supply target is the backdrop. Breadth is also worth tracking: all 5 of its stocks rose, against 2 of 2 for the defense theme.