The S&P 500's Little Black Stretchy Pants

Happy Monday. It was a green start to the week. Every major index and sector settled higher.

New 52-Week Highs barely led Lows — 48 vs. 30.

See the full sheets here. (PDF)

The Best of the Best

Lululemon is the Best of the Best. The athlesiure innovator accelerated 10.3% on its addition to the S&P 500. $LULU leapt to its highest price since December 2021 and is within 13% of its all-time high.

Here’s the weekly chart… this base needs Little Black Stretchy Pants.

$LULU has 34,070 followers on Stocktwits.

The Worst of the Worst

Moderna is the Worst of the Worst. The vaccine manufacturer marched -6.47% closing at its lowest price since November 2020. $MRNA is down 81% from its August 2021 all-time high.

Here’s the weak weekly chart,

$MRNA has 103,007 followers on Stocktwits.

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