Advanced Energy Tests All-Time Highs
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FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Markets ripped then dipped. The Nasdaq Composite closed down -1.89%. The S&P 500 lost -1.11%.
Technology and consumer discretionary tumbled approx. -2.00%. Communications dropped -1.11%. Energy advanced +1.00%.
New 52-Week Highs led New Lows — 56 vs. 54.
THE BEST OF THE BEST
Advanced Energy Industries ($AEIS) is the Best of the Best. The specialty power and control systems manufacturer marched +3.29% and closed 9 cents shy of an all-time high.
Here’s the daily chart.
And monster monthly chart.
THE WORST OF THE WORST
Rocket Companies ($RKT) is the Worst of the Worst. The mortgage servicer stumbled -2.22% and closed at its lowest price since December 2023.
Here’s the daily chart.
And weak weekly chart.
RILEY’S RECS
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Toyota Announces Phase 1 Completion of Bjarke Ingels-Designed Woven City in Japan at CES
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