Aspen Technology Ascends +4.56%

Aspen Technology Ascends +4.56%

Good evening. Welcome to Trends with No Friends.

FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW

Markets were mixed.

The Dow and Russell 2000 rallied approx. +0.60%. The Nasdaq Composite fell -0.23%.

Energy surged +1.30%. Financials, industrials, basic materials and utilities gained more than +0.50%. Technology tumbled -0.90%.

New 52-Week Highs led New Lows — 185 vs. 8.

THE BEST OF THE BEST

Aspen Technology ($AZPN) is the Best of the Best. The industrial software provider popped +4.56% and closed at its highest price since April 2023.

Here’s the daily chart.

And weekly chart.

$AZPN has 768 followers on Stocktwits.

THE WORST OF THE WORST

Dollar General ($DG) is the Worst of the Worst. The discount retailer dumped -32.15% following its Q2 earnings report.

$DG closed at its lowest price since November 2017.

Here’s the daily chart.

And weak weekly chart.

$DG has 11,017 followers on Stocktwits.

52 WEEK HIGHS

See the full sheet here.

RILEY’S RECS

I’m traveling to Big Sky this weekend. Curated links will return next week.

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Author Disclosure: The author of this newsletter holds positions in CWAN and SN. 📋





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