Jun. 13 at 9:31 PM
Weekly Cloud Watch 3/3: There were no position changes in the Mid Eight group. Six stocks,
$DIS,
$AXP,
$GE,
$NOW,
$MCD, and LIN, remain above their cloud in a long-term uptrend. Disney was the best of the group, rising 3.6% after gaining full ownership of Hulu. The seven-week ascent of GE Aerospace ended, in part, with news of a GE-powered aircraft crash. Perpetual laggards Pepsi and Thermo Fischer Scientific remain in a downtrend but are exhibiting a possible rounded bottom.
