Enerpac Tool Ticks 5-Year High

Small-Caps led while the Nasdaq lagged.

Good evening.

The markets were mixed.

Small-Caps led while the Nasdaq lagged. A change of character from the recent past.

New 52-Week Highs led Lows — 73 vs. 26.

The Best of the Best

Enerpac Tool is the Best of the Best. The industrial enterprise flew 14.5% following last night’s earnings report, closing at its highest price since September 2018.

The company’s President & CEO commented,

“We are extremely pleased with Enerpac’s performance in fiscal 2023… We achieved our targeted adjusted EBITDA benefits a year ahead of plan and remain on track to attain our 25% adjusted EBITDA margin target by fiscal 2025.”

Here’s the daily chart,

And monster monthly chart,

The Worst of the Worst

Moderna is the Worst of the Worst, again. The vaccine manufacturer stumbled -6.1% and is down -12.2% so far this week.

Here’s the daily chart,

And the weak weekly chart,

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