Happy New Week, Slopers, and welcome to the busiest earnings week for the rest of 2019. Most indexes and ETFs are roaring to prices never seen before in history, such as the NASDAQ, represented here by the QQQ:
It’s interesting to me, though, that some stocks, even in ridiculous circumstances like these, simply can’t get off the mat. One can only imagine what they’d be doing in a normal market (I suspect a price quote rhyming with the word “hero“).
For example, here is aptly-named Slack which, in this infinitely-supportive environment, is marking another lifetime low. The symbol is WORK, and I strongly suspect its trend is set in stone by now.