Let's review the charts.
It's the kind of action that makes the markets interesting in a New Year.
Prior resistance at $21.50 may now possibly function as support.
At the very end of December, the shorter of the two downtrend lines was violated suggesting a possible reversal at hand.
Entercom Communications, W.R. Grace, Newmark Group and a few airlines are seeing insider purchases.
All of these companies have been hammered to a varying degree during the year but trade at reasonable forward valuations.
Put Cabot on your shopping list.
Kraft Heinz and DowDuPont spinoff Chemours offer attractive dividends and value potential.
A key chart suggests further gains in the chemical giant are possible, but be aware that it could explore lower levels of October again.
"There's Dow DuPont and that's slightly kept on the list. Why? Because of our belief in CEO Ed Breen."