New Lows led New Highs

Plug Power ($PLUG) is the worst of the worst.

January 17, 2024

Happy Tuesday,

The major indices continue to struggle. Every index closed lower. Real estate and utilities lagged.

New Lows led New Highs — 54 vs. 49.

The Best of the Best

Liquidia Corporation ($LQDA) is the best of the best. The biotech company gained +8.48% and closed at its highest price since March 2019.

Here’s the daily chart.

And weekly chart.

The Worst of the Worst

Plug Power ($PLUG) is the worst of the worst. The alternative energy company collapsed -10.03% and closed at its lowest price since November 2019.

Here’s the daily chart.

And monthly 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…

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?

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