2022 has been a really difficult year for markets.
Just about everything is red. The only outperforming assets are things like oil, which was caused by a general squeeze and supply disruption.
Both stocks and crypto have been performing terribly.
However, if you look hard enough, you will find some interesting events. One of those is a company called Oxford Industries. It is one of the few stocks that keeps hitting all-time highs.
Who are they?
They own Tommy Bahama.
People just want to relax I guess!
Interesting reminder about keeping your eyes out for unique moves happening in all corners.
Just about everything is red. The only outperforming assets are things like oil, which was caused by a general squeeze and supply disruption.
Both stocks and crypto have been performing terribly.
However, if you look hard enough, you will find some interesting events. One of those is a company called Oxford Industries. It is one of the few stocks that keeps hitting all-time highs.
Who are they?
They own Tommy Bahama.
People just want to relax I guess!
Interesting reminder about keeping your eyes out for unique moves happening in all corners.
Comment:
I don't have a position in this company and don't plan to. I don't even wear Tommy Bahama! I am only sharing this chart to highlight some interesting moves in markets and that some assets are actually performing quite well relative to all the other companies out there.
Comment:
Additional context on yearly performance: it's at all-time highs and up 17% YTD. For comparison, the S&P 500 is down 13% YTD.
I work at TradingView helping to build charts, tools, and software for everyone interested in financial markets.
Twitter: twitter.com/scheplick
Blog: scheplick.com/
Twitter: twitter.com/scheplick
Blog: scheplick.com/