Energy Ran Out of Fuel

Every Major Index Closed Higher

Happy hump day. Stocks caught a bid. Every major index closed higher. The Nasdaq Composite nestled +1.35%. Energy ran out of fuel. ($XLE -3.14%)

New Lows led New Highs — 171 vs. 10.

The Worst of the Worst

Walt Disney is the Worst of the Worst. $DIS dropped -0.28% closing at its lowest price since April 2014.

Here’s the egregious weekly chart,

The Best of the Best

Nuvalent is the Best of the Best. The $3B biotech flew 35.57% after it announced Phase 1 data for its lung cancer therapy, NVL-665, indicating early anti-tumor activity.

Here’s the daily chart,

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