Leaderboard | Nov 18 2025

 

Gold Plays Regain Some Luster; Vertiv Exits

Updated 11/18/2025 03:25 PM ET

Leaderboard names had a mixed session Tuesday amid a mini-rebound by the major indexes that ultimately failed to erase early sharp losses.

While the S&P 500 cut its loss, at one point as much as 1.4%, it still tread below the key and still-rising 50-day moving average. The Nasdaq also trimmed losses, which at one point exceeded 2%.

Gold miners Kinross Gold (NYSE:KGC) and Agnico Eagle Mines (NYSE:AEM) found buyers, however, on Tuesday as underlying gold futures ended with a slight loss at $4,071 an ounce. At one point, gold fell to $3,997.

KGC rose more than 2% to halt a three-session losing streak. On Friday, shares briefly dipped to the 50-day line. AEM is still testing the conviction of holders along the 50-day moving average amid a 1% rise following three straight down days.

Meanwhile, Vertiv (NYSE:VRT) was given the boot amid negative action on Tuesday morning. Shares did rebound off the intraday low. Meanwhile, Micron Technology (NASDAQ:MU) struggled the most, down more than 4%.

We booked gains in the remaining quarter-size position in Vertiv as it fell below its 50-day moving average, triggering a sell signal. The data center play was off session lows and down around 4% in recent trade. Vertiv fell despite news it's collaborating with Caterpillar (NYSE:CAT) to develop power and cooling solutions for data centers.

Computer memory play Micron has undercut last week's lows and is now making a test of the 21-day exponential moving average. 

BeOne Medicines (NASDAQ:ONC) came off session lows, but also got hit hard. Shares in the global oncology firm have made a round trip of sub-10% gains from a breakout point at 355.30. 

The weakness comes despite a price target hike from RBC to 408 from 395. RBC also maintained an outperform rating. It tested the 355.30 entry but has rebounded back above it, a positive sign.

Attention Subscribers: (Editor's Note: IBD is now taking the final resistance level across all key chart patterns as the buy point, instead of adding 10 cents. This means any price above a pivotal entry now signifies a breakout underway. The 10-cent rule derived from an adjustment to decimal-based pricing in the stock market more than 23 years ago. When dollar fractions were still being used, a breakout referred to a move of at least 1/8 of one dollar, or 12.5 cents, above the final resistance level in a specific chart pattern.)

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