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Benzinga
35 days

Top 2 Tech & Telecom Stocks That May Keep You Up At Night This Month

1. Trade Desk will replace ANSYS in the S&P 500 on July 18. 2. TTD stock rose 7% over the past month with an RSI of 75.1. 3. So-Young International's stock surged 346% in the last month. 4. So-Young's RSI is at 81, indicating it may be overbought.

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FAQ

Why Bullish?

Trade Desk (TTD) entering the S&P 500 typically signals strong institutional interest, similar to past inclusions, positively affecting market momentum.

How important is it?

The change in the S&P 500 composition creates immediate interest and investment opportunities, influencing broader market sentiment.

Why Short Term?

The imminent inclusion of TTD in the S&P 500 is likely to drive short-term investor activity and price movements, as historically seen with stocks joining the index.

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