fear-mongering media had quite a few factors to scare investors with last Friday: the U.S.-China trade war, President Trump’s latest tweets, and the plummeting S&P 500.
Underneath the big selloff, would you ever guess that plenty of stocks made new highs that very same day?
No, I’m not talking about the good old “FANG” stocks - Facebook (FB), Amazon (AMZN), Netflix (NFLX) and Google (GOOGL), which fell 2.4%, 3%, 1.8% and 3.2%, respectively.
In fact, the FANG stocks have been well off their highs for at least a month - if not 10 or 11 months!
However, several of my stocks did hit new 52-week highs...including DexCom, Inc. (DXCM), Lockheed Martin Corp. (LMT), NextEra Energy, Inc. (NEE),