Chart of the Day The Blackstone Group BX

The Chart of the Day is The Blackstone Group (BX).  I found the stock by sorting the New High List for frequency in the last month, eliminated the stocks not having positive gains in the last week and month and reviewed the charts with the Flipchart feature.  Since the Trend Spotter signaled a buy on 11/7 the stock gained 20.57%.

Blackstone is an investment and advisory firms. Their alternative asset management businesses include the management of corporate private equity funds, real estate funds, funds of hedge funds, credit-oriented funds, collateralized loan obligation vehicles (CLOs) and closed-end mutual funds. They also provides various financial advisory services, including mergers and acquisitions advisory, restructuring and reorganization advisory and fund placement services.

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