Samsara Surged +5.59%
Good evening. Welcome to Trends with No Friends.
FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Stocks stalled. Every major index inched lower. The Russell 2000 tumbled -0.55%.
Energy and basic materials closed higher. Real estate, communications and industrials fell more than -0.50%.
New 52-Week Highs led New Lows — 77 vs. 34.
THE BEST OF THE BEST
Samsara ($IOT) is the Best of the Best. The Internet of Things (IoT) solutions provider surged +5.59% and closed at an all-time high.
Here’s the daily chart.
And weekly chart.
THE WORST OF THE WORST
10x Genomics ($TXG) is the Worst of the Worst. The life science technology company collapsed -24.70% following its preliminary Q3 earnings reports.
$TXG closed at an all-time low.
Here’s the daily chart.
And weak weekly chart.
RILEY’S RECS
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Author Disclosure: The author of this newsletter holds positions in AS, SHAK, SG, PH, EWTX. 📋
