Intel Claims 11-Year Low
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FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Friday, stocks continued to slide. Every major index fell at least -1.50%. The Russell 2000 tumbled -3.50%. The Nasdaq Composite cratered -2.43%.
Consumer discretionary dropped -3.68%. Technology, energy, financials and industrials lost at least -2.20%. Consumer staples advanced +0.88%.
New 52-Week Lows led New Highs — 112 vs. 106.
THE WORST OF THE WORST
Intel ($INTC) is the Worst of the Worst. The computer products manufacturer collapsed -26.06% following its Q2 earnings report.
$INTC closed at its lowest price since April 2013.
Here’s the daily chart.
And mangled monthly chart.
THE BEST OF THE BEST
ICF International ($ICFI) is the Best of the Best. The consulting and technology services company carried +9.85% following its Q2 earnings report.
$ICFI closed at an all-time high.
Here’s the daily chart.
And weekly chart.
RILEY’S RECS
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