Today’s Daily Dive included a brief overview of the stellar action on crude oil, including intermediate term targets for the contract. Dave also covers the S&P 500 and how buying the dip in the morning has paid off several days in a row. The video then goes on to look at the ten year, gold, the Russell 2000 and the NASDAQ.
Check out the video above for Dave’s Daily Dive into the Charts!
Each day, Dave Bartosiak of Zacks.com (Twitter @bartosiastics) dives into the charts, pointing out key price action and levels for you to watch.
But it doesn’t stop there because the highlight of today’s video, which you can see for free by clicking above, is where Dave uncovers five Zacks Rank #1 (Strong Buy) stocks that are breaking out to new 52-week highs today. These stocks have a ton of momentum behind them and are charging higher. The list of stocks he covers today include:
Care.com, Inc. operates an online marketplace for finding and managing family care in the United States and internationally. The company helps families to address their lifecycle of care needs, including child care, senior care, and special needs care, as well as other non-medical family care needs, such as pet care, tutoring, and housekeeping; and enables caregivers to find full-time and part-time employment opportunities. Its consumer matching solutions allow families to search for, connect with, qualify, vet, and select caregivers.
Fortinet, Inc. provides cybersecurity solutions for enterprises, service providers, and government organizations worldwide. The company offers FortiGate physical and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, Web filtering, anti-spam, and wide area network acceleration; FortiManager product family to provide a central management solution for FortiGate products comprising software updates, configuration, policy settings, and security updates; and the FortiAnalyzer product family, which offers a single point of network log data collection.
IDEXX Laboratories IDXX
IDEXX Laboratories, Inc., together with its subsidiaries, develops, manufactures, and distributes products and services primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets worldwide. It operates through Companion Animal Group; Water Quality Products; Livestock, Poultry and Dairy; and Other segments.
Mercado Libre MELI
MercadoLibre, Inc. hosts online commerce platforms in Latin America. It offers MercadoLibre Marketplace, an automated online commerce service for businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format.
Nutrisystem, Inc., together with its subsidiaries, provides weight management products and services for women and men in the United States. The company offers Nutrisystem program that consists of approximately 150 portion-controlled items, which serve as the foundation of a low glycemic index diet.
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Fortinet, Inc. (FTNT): Free Stock Analysis Report
MercadoLibre, Inc. (MELI): Free Stock Analysis Report
IDEXX Laboratories, Inc. (IDXX): Free Stock Analysis Report
NutriSystem Inc (NTRI): Free Stock Analysis Report
Care.com, Inc. (CRCM): Free Stock Analysis Report
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