Blue Sky, UFPI

New 52-Week Highs pummeled New Lows — 175 vs. 6.

Happy Tuesday.

The market marched higher. The Russell 2000 rocketed +5.44% and posted its best day since November 10, 2022. The Dow was the worst performing major index gaining *only* 1.43%.

New 52-Week Highs pummeled New Lows — 175 vs. 6.

The Best of the Best

UFPI Industries ($UFPI) is the Best of the Best. The forest product produced propelled +9.96% and closed at an all-time high.

Here’s the daily chart.

And monster 3-month chart.

The Worst of the Worst

Fisker ($FSR) is the Worst of the Worst. The EV maker unplugged -18.73% following its failed earnings report.

The company missed expectations, cut production guidance and delayed filing its 10-Q due to “material weakness” in its internal financial controls.

Here’s the daily chart.

And weak weekly chart.

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