|Day Low/High||103.88 / 109.21|
|52 Wk Low/High||8.16 / 101.03|
These names are displaying both quantitative and technical deterioration.
It is very easy to find yourself stuck in a 'good' stock that just isn't doing anything right now.
Many small-caps have been correcting for weeks, and that is starting to spill over into other areas of the market now.
Let's see how the market reconciles some of the most significant divergences in many years.
A sharp correction may be worth buying.
These names are displaying technical deterioration.
This action tells us much more about the health and sentiment of this market than the S&P 500 which is trading flat.
It has not been a smooth transition between 'reopening' and 'stay-at-home' stocks.
There remain pockets of momentum amid a resurgence in coronavirus cases nationwide that could slow the economic recovery.
Here's what's on my radar as market players continue to be optimistic about the prospects of individual stocks into earnings.
Would love to know if Warren Buffett is adding here, or keeping his powder dry. Would simply love to know.