3 Stocks to Watch This Week

Here are the stocks (and data points) we are watching this week:

ASOS

Asos has declined significantly, down 74.2% in the past 12 months and 57.7% this year
However, given current demand trends, it would not surprise us to see it move lower.
Online trends, including our tracking of Twitter mentions, show a significant decline over the last few months, down 55% since its April spike.

If you are familiar with MoPh Markets, you may know we have been bullish on airline stocks (rightly or wrongly, depending on your timeframe) for a while now.
EasyJet is another stock we track, but while we are not yet fully convinced, given the recent troubles for the travel industry (cancellations/delays), recent signs suggest they have eased, with Twitter mentions declining from the recent chaos-related spike.
With EZJ down more than 28% this year, we will be watching this week.

Despite being one of many companies that benefitted significantly from the pandemic, Hargreaves Lansdown’s share price has been declining for some time.
When looking at its website data, it’s easy to explain the more recent fall, with website visits falling from 19.6 million in March 2021 to 6.2 million in July.
The financial services firm is set to report earnings this week on Friday, August 5.
Given the recent rally in stocks, will Hargreaves Lansdown’s share price push further above its recent lows?