Market Overview - The S&P 500 experienced a significant drop of over 4% last Friday due to escalating trade tensions from the Trump administration, leading to increased market volatility [1] - Major indices showed a partial rebound on Monday, but investors are preparing for further fluctuations related to the trade war [1] Terawulf Inc. (NASDAQ: WULF) - Terawulf has seen a remarkable stock increase of over 200% in the last three months, rising from $2 to $15, with a current market capitalization exceeding $6 billion [4] - The company focuses on sustainable energy systems for Bitcoin mining, differentiating itself from many peers [4] - The stock chart indicates support along the 14-day simple moving average (SMA), suggesting strength in the upward trend, but the Relative Strength Index (RSI) indicates overbought conditions [6][7] USA Rare Earth Inc. (NASDAQ: USAR) - USA Rare Earth has gained over 200% in the last three months, with a market capitalization of $4 billion, driven by speculation around its potential benefits from the trade war [8] - The stock has seen a 160% increase in the last 30 days alone, indicating strong bullish momentum [8] - The stock chart shows bullish confirmation on the Moving Average Convergence Divergence (MACD) indicator, although the RSI is also at overbought levels [10] Plug Power Inc. (NASDAQ: PLUG) - Plug Power's stock is approaching multi-year highs, recovering from a decline of over 70% since its peak in 2021 [11] - The company is well-positioned in the hydroelectric power sector, which has not been adversely affected by recent subsidy cuts [11] - The stock shows potential for a breakout, with the 14-day SMA acting as support, but remains a short-term trade rather than a long-term investment [13] Quantumscape Corp. (NYSE: QS) - Quantumscape has seen its market cap rise above $9.5 billion, with a stock increase of 220% year-to-date, despite not yet turning a profit [14] - The stock experienced a downturn from July to September but has shown signs of recovery since early September, with strong bullish momentum indicated by the MACD [16] - The upcoming earnings report on October 22 poses a risk to the current technical trend [16] Weibo Corp. (NASDAQ: WB) - Weibo has a market capitalization of $2.75 billion and generates annual sales of approximately $1.75 billion, trading at less than eight times earnings [17] - The stock has gained 40% since April but has recently declined nearly 10% due to profit-taking and breaking through support levels [19] - Despite sound long-term fundamentals, the stock is expected to face volatility until trade tensions stabilize [19]
5 Mid-Cap Stocks Breaking Out To New Highs