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Oil Down, Everything Else Up On The Day

Published 05/25/2017, 06:50 AM
Updated 07/09/2023, 06:31 AM

Another day filled with all-time highs for the stock market but it investors weren’t as nice to crude. While the S&P 500, NASDAQ and Dow all enjoyed days in the green, WTI settled down under $49, confirming the downward trend channel and bringing out the bears.

Check out Dave’s Daily Dive video above where I break down the market action today!!!

Each day I, Dave Bartosiak of Zacks.com (Twitter @bartosiastics) dive 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 I uncover 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:

Pampa Energia (NYSE:PAM)

Pampa Energía S.A., an integrated electricity company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Argentina. The company generates electricity through combined cycle gas-fired generating units, thermal generation plants, open-cycle gas turbines, combined gas and fuel oil turbines, and hydroelectric power generation systems, as well as through a wind farm

Ferrari (NYSE:RACE)

Ferrari N.V. Price and Consensus

Ferrari N.V. Price and Consensus | Ferrari N.V. Quote

Ferrari N.V., through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. In addition, the company offers non-registered racing cars; and parts, as well as after sales, repair, maintenance, and restoration services for cars. Further, it licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; and Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates. Additionally, the company provides direct or indirect finance, and leasing services for the purchase of cars to retail clients and dealers; and manages race tracks.

Ryanair (NASDAQ:RYAAY)

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, continental Europe, Morocco, and Israel. It also offers various ancillary services, such as non-flight scheduled services and Internet-related services; and markets accommodation services and travel insurance through its Website, as well as engages in the in-flight sale of beverages, food, and merchandise.

State National Companies (NASDAQ:SNC)

State National Companies, Inc., through its subsidiaries, provides property and casualty insurance in the United States. It operates in two segments, Program Services and Lender Services. The Program Services segment acts as an issuing carrier for foreign and domestic insurance and reinsurance companies. This segment writes a range of insurance products, including general liability insurance, commercial liability insurance, commercial multi-peril insurance, property insurance, and workers compensation insurance. The Lender Services segment provides collateral protection insurance, which insures personal automobiles and other vehicles held as collateral for loans made by credit unions, banks, and specialty finance companies, as well as offers ancillary insurance products.

Waters Corp (NYSE:WAT)

Waters Corporation operates as an analytical instrument manufacturer in the United States and internationally. It operates through two segments, Waters and TA. It designs, manufactures, sells, and services high performance liquid chromatography, ultra performance liquid chromatography, and mass spectrometry technology systems and support products, including chromatography columns, other consumable products, and comprehensive post-warranty service plans. The company also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments; and develops and supplies software-based products, as well as other suppliers’ instruments.

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Ryanair Holdings PLC (RYAAY): Free Stock Analysis Report

Pampa Energia S.A. (PAM): Free Stock Analysis Report

Ferrari N.V. (RACE): Free Stock Analysis Report

Waters Corporation (WAT): Free Stock Analysis Report

State National Companies, Inc. (SNC): Free Stock Analysis Report

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