Match Swipes Left

Breakout in Brazil...?

Happy hump day. Markets marched higher as the Fed left rates unchanged. Read the FOMC statement here and watch Powell’s presser here.

New 52-Week Lows led New Highs — 116 vs. 31.

The Worst of the Worst

Match Group ($MTCH) is the Worst of the Worst. The digital dating conglomerate dumped -15.35% following its Q3 earnings report. $MTCH beat top and bottom line but missed guidance estimates.

Tinder’s parent company tumbled to prices not seen since 2017.

Here’s the unattractive weekly chart.

The Best of the Best

Telefonica Brasil ($VIV) is the Best of the Best. The Brazilian telecom company gained 7.07% following its Q3 earnings report.

Here’s the daily chart.

And monster monthly chart.

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