A Disney Slide

I have mixed feelings about Disney. I imagine I am not alone. As a consumer and particularly as a parent, I have to admit their content is amazing. Who doesn’t love Toy Story? My youngest grew up on Frozen. You have to have a heart of stone not to enjoy a day at Disneyland. The list things to love coming out of that studio is virtually endless. Trouble is, they seem to be buying up the whole entertainment industry. They own Star Wars, for goodness sake. That’s…creepy? Worrying? I don’t know. I try not to think about it too much. After all, I certainly have no influence over it, and there’s no point fretting over things outside our control. Whatever my feelings about a company though, I put them all to one side when they turn up on my watchlist. Here’s what Disney’s chart did when it arrived on my list:

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Coming Back For More

Sometimes, when a stock makes a big enough move in a day, it can carry some of that momentum into the next trading session. And sometimes the next session will see a big move retrace instead. Either way, it can be worth keeping an eye on what moved well in the previous session. Monday provided two excellent examples of how these previous-day movers can make us money.

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