Dogecoin, Home Depot, ETFs: Trending Tickers

As market indices (^DJI, ^IXIC, ^GSPC) swing into the green after a mixed opening, the cryptocurrency dogecoin (DOGE-USD) is also seeing gains Thursday morning. Yahoo Finance’s Jared Blikre takes a closer look at the memecoin’s performance, while also examining Home Depot (HD), select ETFs, and small-cap indexes.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

Editor’s note: This article was written by Luke Carberry Mogan.

Video Transcript

JARED BLIRKE: Since we’re doing the Yahoo Finance training taker list, I’d be remiss if I didn’t hit Dogecoin just because of all the crypto frenzy. And you can see. Here’s the year-to-date chart, up 133%, pretty sure that’s besting Bitcoin here.

But let’s take a look at the five-year chart. You can see it is but a shadow of where it had been. This was the whole GameStop early crypto 2021 era there where a lot of stocks and crypto itself peaked. So Dogecoin, kind of clawing back some of those gains– losses, excuse me.

And also taking a look at Home Depot real quickly here, this is a stock that’s up. You can see. Over the last five years, up 102%. We were talking with an analyst yesterday who liked Lowe’s in– excuse me– in comparison to Home Depot. But nevertheless, Home Depot, up 11% overnight.

Now, I do want to check in on some of our leaders and sentiment leaders this week. And here we have over the last four days– let me punch this up. I’m not going to be surprised to see crypto in the lead.

GBTC, that’s my crypto ETF. That proxy, up 11%. But then you have solar energy. Then you have real estate– excuse me– regional banks that’s KRE. Then you have cannabis.

Small caps, haven’t even touched on small caps yet. But small caps have been trying to break out of a multi-year– multi-year consolidation here. So there’s lots of room to go it looks like for a lot of these indexes and a lot of these issues, not the least of which is apparently Dogecoin.