Strength in Small-Caps

Happy Friday Jr.

Small-caps continued to crank higher. The Russell 2000 ripped 2.72%. Energy surged 2.94%. Real estate rallied 2.77%. Consumer staples, utilities, healthcare and tech ticked lower.

New 52-Week Highs decimated New Lows — 468 vs. 4.

See the full lists here.

The Best of the Best

TopBuild ($BLD) is the best of the best. The insulation and building material distributor gapped up and gained +12.43%, closing at an all-time high.

$BLD is up 58% since its Halloween earnings release.

Here’s the daily chart.

And monster monthly chart.

The Worst of the Worst

ZTO Express ($ZTO) is the worst of the worst. The Chinese logistics company lost -0.44% and closed at its lowest price since Nov. 2022.

Here’s the daily chart.

And weak weekly chart.

Recommended Reading

Here are a few recommended readings…

Extraordinary Popular Delusions and The Madness of Crowds (Amazon)

Zen in the Art of Archery (Amazon)

Trading in the Zone (Amazon)

Thinking in Bets (Amazon)

Enjoying Popularity + Price?