Grounded

JetBlue touched down at an 11-year low.

Is it premature to say turnaround Tuesday?

Every major index closed higher. Energy was the only negative sector.

New 52-Week Lows led New Highs — 132 vs. 11.

Note: 40 New Lows closed above their opening print.

The Worst of the Worst

JetBlue ($JBLU) is the Worst of the Worst. The airliner dropped -3.36% and touched down at its lowest price since May 2012.

Here’s the monthly chart.

The Best of the Best

Logitech ($LOGI) is the Best of the Best. The electronic accessories company advanced 12.89% following last night’s earnings report.

$LOGI exceeded expectations and raised its FY24 guidance. Read the press release here.

And here’s the daily chart.

If you enjoyed today’s post, please share it with a friend.

Reply

or to participate.