The bond markets are wreaking havoc on daily 52-week high and low data.
In Tuesday trading, 66 new 52-week highs and 374 new 52-week lows were set on the NYSE, respectively. On the Nasdaq, new 52-week lows outnumbered new 52-week highs, 422 to 74.
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My guess is that about 40% of the names hitting new 52-week lows on both exchanges are income-related securities. That makes it a little tougher to find a stock or ETF to discuss.
However, when I read Bloomberg's reporting from yesterday that President Trump has made more securities trades than every member of Congress combined since January 2025, Kura Sushi USA (KRUS) immediately jumped out at me.
According to Trump's latest financial disclosure, his third-party asset manager bought between $1 million and $5 million of the restaurant operator's stock on Feb. 2. If the President still owns the stock, he has an unrealized loss of approximately 45-50% on the investment.
Kura Sushi USA hit its 28th new 52-week low of the past 12 months yesterday at $35.19. The President's money managers took a swing. Now much lower, should you buy on the significant dip?
Here are my thoughts.
Su Su Sushi -- Kura Sushi USA's Story
If y...