Brown Technical Insights

Brown Technical Insights

Stock Trends

August updates to the Blue Chip Hot List

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Scott Brown, CMT
Aug 01, 2024
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Good morning,

July was a standout month for the Blue Chip Hot List. Even though the S&P 500 fell slightly since our last update on July 5, the average return of current holdings was +4.18%.

This was boosted primarily by 3M, which spiked 25% thanks to its Q2 earnings call, but 8 of the 10 current holdings outperformed the benchmark.

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