ResMed Rips +7%
Good afternoon. Welcome to Trends with No Friends.
FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Markets were muted. The S&P 500 and Nasdaq Composite carried +0.16%. The Russell 2000 fell -0.67%.
Technology and financials gained more than +0.50%. Energy and utilities dipped more than -0.75%.
New 52-Week Highs led New Lows — 123 vs. 7.
THE BEST OF THE BEST
ResMed ($RMD) is the Best of the Best. The medical cloud company marched +7.26% and closed at its highest price since August 2022.
Here’s the daily chart.
And weekly chart.
THE WORST OF THE WORST
Walgreens Boots Alliance ($WBA) is the Worst of the Worst. The retail pharmacy fell -8.25% and closed at its lowest price since October 1996.
Here’s the daily chart.
And monthly chart.
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