Frontdoor Knocks On All-Time Highs
Good evening. Welcome to Trends with No Friends.
FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Markets were mixed. The Russell 2000 gained +0.40%. The Dow dipped -0.61%.
Energy excelled +1.75%. Real estate rallied +1.12%. Utilities tumbled -1.19%. Financials and healthcare fell more than -0.60%.
New 52-Week Highs led New Lows — 80 vs. 31.
THE BEST OF THE BEST
Frontdoor ($FTDR) is the Best of the Best. The home repair and maintenance service provider popped +6.89% following its Q3 earnings report.
$FTDR closed at its highest price since June 2021.
Here’s the daily chart.
And monthly chart.
THE WORST OF THE WORST
STMicroelectronics ($STM) is the Worst of the Worst. The semiconductor manufacturer stumbled -2.66% and closed at its lowest price since June 2020.
Here’s the daily chart.
And monthly chart.
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