Progressive Propels
Good evening. Welcome to Trends with No Friends.
FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Markets were muted. The Dow gained +0.61%. The Russell 2000 tumbled -0.52%.
Financials flew +1.22%. Energy and technology advanced more than +0.55%. Communications and consumer discretionary dipped -0.50%.
New 52-Week Highs led New Lows — 88 vs. 22.
THE BEST OF THE BEST
Progressive ($PGR) is the Best of the Best. The $137B insurance company carried +5.40% and closed at an all-time high.
Here’s the daily chart.
And weekly chart.
THE WORST OF THE WORST
Array Technologies ($ARRY) is the Worst of the Worst. The solar semiconductor company cratered -5.99% and closed at its lowest price since May 2022.
$ARRY is less than 7% above its all-time low.
Here’s the daily chart.
And weak weekly chart.
RILEY’S RECS
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Ninth Banksy Artwork in Nine Days Discovered At London Zoo
Sale of $1.4 M. Forged Leonardo da Vinci Painting Foiled by Customs Officers
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