Not Wasteful By Any Means:
There are some things in life we can not do without. We have all heard of food, clothing, and shelter. But waste is something that will always need to be taken care of. There are a few major players in the niche space and some are behaving better than others. All three of the charts from WCN WM and RSG should be respected as each is either trading at 52-week highs or just below them. On a YTD basis, the chart below of WCN is the strongest up by 9% compared to WM and RSG higher by 4 and 6% respectively. One can make the bullish thesis for each of the trifectas but I like WCN the best. It has advanced 10 of the last 12 weeks with the vast majority CLOSING near highs for the WEEKLY range. Last week it showed the best strength rising more than 4% as WM and RSG added 2.9 and 3.4%. Keep an eye on CLH which just broke above a 115.10 WEEKLY double bottom pivot as well. These few names can have investors turning trash into cash.