Sylvamo Prints Paper
Good evening. Welcome to Trends with No Friends.
FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Stocks stalled Friday. The Russell 2000 tumbled -1.10%. The Dow, S&P 500 and Nasdaq Composite finished flat.
Utilities rallied +2.64%. Basic materials and industrials fell -0.70%.
New 52-Week Highs led New Lows — 160 vs. 7.
THE BEST OF THE BEST
Sylvamo ($SLVM) is the Best of the Best. The paper company propelled +6.17% and closed at an all-time high.
Here’s the daily chart.
And weekly chart.
THE WORST OF THE WORST
Trump Media & Technology ($DJT) is the Worst of the Worst. The social media network cratered -7.82% and closed at its lowest price since July 2023.
Here’s the daily chart.
And weak weekly chart.
RILEY’S RECS
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Jack Mallers – Tetragrammaton with Rick Rubin
World’s Longest Fossilized Human Trackway Discovered at White Sands
Fall Colors Starting To Come Out In Colorado’s Northern Mountains, But Peak Is Yet To Come
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