- Robinhood and Coinbase rally sharply as macro liquidity boosts investor sentiment.
- Rocket Lab posts breakout gains, surging over 12% amid strong technical signals.
- Tesla remains subdued, but a breakout above $330 could trigger strong momentum.
A renewed wave of investor optimism is sweeping across select high-beta growth stocks, igniting impressive gains in names like Robinhood (HOOD), Coinbase (COIN), and Rocket Lab (RKLB). The sharp upside moves on June 26, supported by both retail and institutional buying, appear to be tied directly to improving macro liquidity conditions and an increasing appetite for risk.
Raoul Pal, co-founder and CEO of Real Vision, noted that these stocks all part of the RV Pro portfolio are responding to the market’s flood of liquidity. He highlighted the recent accumulation via call options at April lows as a timely strategy.
While Tesla (TSLA) hasn’t yet joined the rally, signs suggest it may soon follow suit. Importantly, this broad surge appears tied to macro liquidity conditions and increasing risk appetite, especially as crypto markets hover on the edge of another breakout.
Robinhood and Coinbase Flash Strength
The strength in crypto-adjacent equities is clear. Robinhood shares climbed 2.14% to close at $84.52, pushing near their 52-week high of $85.55. The trading day began with a slight dip, but buyers quickly stepped in, driving prices steadily upward.
After-hours trading extended those gains slightly, signaling ongoing demand. The stock’s 5Y beta of 2.26 highlights its volatility, but also its upside potential when sentiment turns positive. Investors appear increasingly confident ahead of its August earnings.
Meanwhile, Coinbase surged 5.54% to close at $375.07, after hitting a fresh 52-week high of $382. The move underscores strong momentum in crypto-adjacent equities. The stock opened modestly before leaping higher in early trading.
Although it faced resistance near the day’s high, it managed to hold most gains into the close. After-hours action stayed positive. With a staggering 5Y beta of 3.62, COIN remains highly sensitive to Bitcoin and Ethereum price shifts, hinting at more upside if crypto breaks out.
Rocket Lab Launches Higher
RKLB offered a textbook breakout, jumping from $32.49 at the open to over $36.50 within 30 minutes. The rally was likely driven by a fresh catalyst possibly contract news or a space launch update.
After peaking at $37.27, the stock found footing above $35.00. This consolidation signals healthy technical strength. RKLB’s explosive 52-week run, from $4.20 to near $37, illustrates strong long-term momentum.
Tesla Stays Quiet for Now
Tesla closed slightly lower at $325.78 after struggling to hold early-session gains. However, after-hours buying nudged it higher to $326.60.
With a 5Y beta of 2.46 and a trillion-dollar market cap, TSLA remains a major player. If it clears $330 resistance, it may quickly rejoin the upward march.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
