Chart of the Day - Thursday, June 13th, 2019

Today's chart of the day was shared on Twitter by Jon Najarian (@jonnajarian). It's a chart comparing the year-to-date performance of Disney ($DIS) and Netflix ($NFLX). The chart shows the two stocks neck & neck, with both up around 28%, so far in 2019. By today's close, Disney was able to surpass Netflix and the two are now up 29.27% and 28.31%, respectively. Disney is the third best performing Dow component this year and today printed an all-time closing high. Netflix, on the other hand, is still about 18% below its 52-week high. In a report today, we highlighted the inability for the beloved FAANG stocks to reach new highs this year. Going forward, it'll be interesting to keep an eye on Disney to see if it will continue breaking out from here.