Belden Breaks A 9-Year Base
Good evening. Welcome to Trends with No Friends.
FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Markets were muted. Every major index closed within ±0.40%.
Consumer discretionary carried +1.01%. Basic materials, energy and real estate rallied more than +0.40%. Healthcare and financials fell approx. -0.50%.
New 52-Week Highs led New Lows — 174 vs. 11.
THE BEST OF THE BEST
Belden ($BDC) is the Best of the Best. The network infrastructure and digitization solutions provider propelled +1.34% and closed at an all-time high.
Here’s the daily chart.
And monster monthly chart.
THE WORST OF THE WORST
Trump Media & Technology ($DJT) is the Worst of the Worst… Again. The social media network tumbled another -10.33% and closed at an all-time low.
Here’s the daily chart.
And weak weekly chart.
$DJT has 90,815 followers on Stocktwits, up 25 since yesterday.
RILEY’S RECS
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