$KB Financial Finds 6-Year High
Happy Sunday! Welcome to Trends with No Friends.
FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Markets marched Friday. The Nasdaq Composite gained +0.90% and closed at an all-time high. The Russell 2000 was the only major index to finish negative.
Communications advanced +1.94%. Consumer staples surged +1.23%. Consumer discretionary and healthcare dashed more than +0.75%. Energy stumbled -1.56%.
New 52-Week Highs led New Lows — 79 vs. 42.
THE BEST OF THE BEST
KB Financial Group ($KB) is the Best of the Best. The $24B Korean bank carried +4.40% and closed at its highest price since January 2018.
Here’s the daily chart.
And monster monthly chart.
THE WORST OF THE WORST
Bumble ($BMBL) is the Worst of the Worst. The dating app tumbled -3.71% and closed at an all-time low.
$BMBL is down -87% since its 2021 IPO.
Here’s the daily chart.
And weak weekly chart.
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