Today's five, straight off the screen: a reinsurer, two tanker owners, a fabric maker and the additives blended into engine oil.
Reinsurance Group insures the insurers, taking on slices of life and annuity books, and pension handoffs are the live driver. Today's close cleared a range that had held for weeks, on heavier volume than usual, and we'll watch to see if it holds.
See the Breakout →Nordic American owns crude oil tankers and hires them out voyage by voyage, and the company says freight rates remain exceptionally strong. The drop from the September high is only partly made back, and the question is whether the recent lows hold.
See the Pullback →Culp weaves the fabrics that cover mattresses and furniture, and a frozen housing market has kept bedding demand down. After weeks of thin trading, today's session came with a jump in volume, and TradingView's technical gauge sits on the chart page.
Check the Gauge →NewMarket blends the additives that go into engine oils and fuels, and surcharges have carried that business through a softer market. Trading has been tight for weeks, and today's close finished near the top of that range, already on the chart.
See Today's Close →International Seaways runs crude and product tankers, and Middle East disruptions keep pushing cargoes onto longer voyages. Price has climbed steadily since spring, and most of the recent dip was won back by today. The jury's still out on the bounce.
See the Trend →A screened name is a higher probability, not a sure thing.
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