Vertex Accelerates +13.84%

Vertex Accelerates +13.84%

Good evening. Welcome to Trends with No Friends.

FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW

Stocks soared. The Russell 2000 rallied +5.84%. The Dow dashed +3.57%. The S&P 500 and Nasdaq Composite carried more than +2.50%.

Financials flew +6.08%. Industrials, energy and consumer discretionary advanced more than +3.00%. Real estate dropped -2.67%. Consumer staples and utilities tumbled more than -1.00%.

New 52-Week Highs led New Lows — 652 vs. 48.

THE BEST OF THE BEST

Vertex ($VERX) is the Best of the Best. The tax solutions software provider surged +13.84% following its Q3 earnings report.

$VERX closed at an all-time high.

Here’s the daily chart.

And weekly chart.

$VERX has 359 followers on Stocktwits.

THE WORST OF THE WORST

Super Micro Computer ($SMCI) is the Worst of the Worst. The computer component manufacturer collapsed -18.05% following its Q1 earnings report.

$SMCI closed at its lowest price since June 2023.

Here’s the daily chart.

And weak weekly chart.

$SMCI has 44,075 followers on Stocktwits.

52 WEEK HIGHS

See the full sheet here.

GET IN TOUCH

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Author Disclosure: The author of this newsletter holds positions in LIF, HRI, ATGE & FTDR. 📋





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