Stock Trends

Breakouts from big bases, Hot List earnings reactions and more

Good morning,

Fed Day came and went with about as small of a market reaction as I can remember. It has been a big week for earnings, but the story of the market continues to be rotation.

This week, we’ll check in on leaders within energy as well as:

• Breakouts from big bases

• Hot List earnings reactions

• Bullish moves from lagging industrials

• Chinese ADRs perking up

• and more!

---

Breakouts from big bases

STZ: Constellation Brands

The bigger the base, the higher the space. This picture-perfect rectangle measures to $312, or 15% of upside from yesterday’s close.

MA: Mastercard

MA popped up in Overtime: Financials earlier this week and acts very well. Breaking out of a more than 2-year base and above rising 50 and 200-DMAs.

VRSK: Verisk Analytics

Verisk Analytics just broke out to new all-time highs. Another bullish industrials chart (more on those below).

---

Blue Chip Hot List earnings reactions