CRH Carries To An All-Time High
Good afternoon. Welcome to Trends with No Friends.
FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Friday’s markets marched higher. Every major index closed positive. The Nasdaq Composite and S&P 500 gained more than +1%.
Every sector finished green. Consumer discretionary, technology, basic materials and industrials advanced more than 1%.
New 52-Week Highs led New Lows — 196 vs. 9.
THE BEST OF THE BEST
CRH plc ($CRH) is the Best of the Best. The $61B building supplier surged +2.79% and closed at an all-time high.
Here’s the daily chart.
And weekly chart.
THE WORST OF THE WORST
Plug Power ($PLUG) is the Worst of the Worst. The hydrogen energy solutions provider unplugged -3.09% and closed at its lowest price since March 2019.
Here’s the daily chart.
And monthly chart.
RILEY’S RECS
I’m traveling to Big Sky this weekend. Curated links will return tomorrow.
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Author Disclosure: The author of this newsletter holds positions in CWAN and SN. 📋
