Stocks Got Rocked Following The Fed

Stocks Got Rocked Following The Fed

Good evening. Welcome to Trends with No Friends.

FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW

Stocks got rocked following the Fed meeting. 

The Russell 2000 tumbled -4.39%. The Nasdaq Composite cratered -3.56%. The Down and S&P 500 fell more than -2.50%.

Consumer discretionary dropped -4.51%. Real estate caved -3.91%. Technology, financials, energy, communications, basic materials and industrials all dropped approx. -2.90%.

New 52-Week Lows led New Highs — 155 vs. 51.

THE WORST OF THE WORST

Sunrun ($RUN) is the Worst of the Worst. The solar stock dropped -9.05% and closed at its lowest price since October 2023.

Here’s the daily chart.

And monthly chart.

$RUN has 19,970 followers on Stocktwits.

THE BEST OF THE BEST

We’re omitting today’s Best of the Best due to a lack of 52-Week highs.

52 WEEK HIGHS

See the full sheet here.

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Author Disclosure: The author of this newsletter holds positions in TSLA, NAMS, FTNT & GEV. 📋





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