Shine Bright Like A Diamond

Box Drops

Happy hump day.

Stocks retraced their morning gaps. Every major index inched lower. Utilities and industrials led. Tech and energy lagged.

New 52-Week Highs outperformed New Lows — 169 vs. 17.

The Best of the Best

Signet Jewelers ($SIG) is the best of the best. The diamond jeweler jumped +6.19% and closed at its highest price since late-2021. Prior to yesterday’s session, $SIG beat earnings estimates and raised guidance. The stock is up 15.56% since its earnings release.

Here’s the daily chart.

And weekly chart.

The Worst of the Worst

Box ($BOX) is the worst of the worst. The enterprise software company cratered -10.19% after its “soft” Q3 earnings release.

Here’s the daily chart.

And weak weekly chart.

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