Broadcom Breaks To Blue Sky

New 52-Week Highs outperformed New Lows — 171 vs. 10.

Happy Monday!

Markets opened the week on a positive note. Every major index inched higher. Consumer staples, industrials and tech led. Communications was the only negative sector.

New 52-Week Highs outperformed New Lows — 171 vs. 10.

The Best of the Best

Broadcom ($AVGO) is the best of the best. The semiconductor company surged +9% and closed at an all-time high.

Here’s the daily chart.

And monster monthly chart.

The Worst of the Worst

SSR Mining ($SSRM) is the worst of the worst. The goldminer gave up -3.83% and closed at its lowest level since March 2020.

Here’s the daily chart.

And weak weekly chart.

If we encounter a man of rare intellect, we should ask him what books he reads.

Ralph Waldo Emerson

Here are a few recommended readings…

How I Made $2,000,000 in the Stock Market (Amazon)

Reminiscences of a Stock Operator (Amazon)

The Crowd: A Study of the Popular Mind (Amazon)

Golf Is Not a Game Of Perfect (Amazon)

Enjoying Popularity + Price?

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