“ $EMR Emerson Electric quietly pushing back up to new all-time highs on a daily and weekly closing basis while many remain distracted regarding Warsh, SKHY & Crack spreads hitting mthly lows.
Not as much fun as picking bottoms in Memory stocks, but the ride might be a bit smoother to say the least in the next month
This daily #
IBD# chart from
@Marketsurge shows the reasons for optimism here using textbook TA & would be encouraging to see volume pop above levels seen last week.
@IBDinvestors #
IBDPartner#
Always take the time to scan IBD’s “Stocks Breaking out Today” list to see if it lines up with my own.”
@MarkNewtonCMT