During trading Tuesday, 122 stocks traded to a 52-week high, while 2 stocks bottomed out at new 52-week lows. The S&P 500 is down -0.4% on the day so far. Stocks in China rallied overnight while European markets fell after data was released for industrial production in Germany that were below analysts expectations. The U.S. government has started selecting biotech companies to receive funding through as part of Operation Warp Speed that is aiming to accelerate the development of a COVID-19 vaccine.
The following stocks traded to 52-week highs:
AAPL, ABBV, ACAD, ACN, ADBE, AKBA, AKRO, ALNY, AMT, AMZN, ANGI, APD, ATVI, BMRN, CDNS, CERS, CLGX, CMG, CRM, CRSP, CVNA, CYTK, DHR, DOCU, DXCM, EA, EBAY, ECOM, EPAM, FATE, FB, FIVN, FOLD, FSLY, FVRR, HUBS, IAC.XX10, IMMU, INTU, JBHT, KNX, LGIH, LSCC, LVGO, MCO, MKTX, MPWR, MRTN, MSCI, MSFT, MTCH.XX10, MTSI, NEO, NFLX, NSTG, NVDA, NVTA, NYT, ODFL, OSTK, PZZA, REGN, RUN, SGEN, SNAP, SNDR, SPGI, SQ, TDOC, TSCO, TSLA, TTWO, TWST, VEEV, VRNS, VRTX, VSLR
The following Stocks traded to 52-week lows:
CORR, EOLS
Healthcare: ABBV, ACAD, AKBA, AKRO, ALNY, BMRN, CERS, CRSP, CYTK, DHR, DXCM, FATE, FOLD, IMMU, LVGO, NEO, NSTG, NVTA, REGN, SGEN, TDOC, TWST, VEEV, VRTX, NEO, NSTG, NVTA, PETQ, QDEL, RARE, RMD,
Healthcare stocks dominated our list of highs today with 32 out of the 122 total stocks that reached their high coming from the Healthcare sector. The Healthcare industry is up -0.1% so far Tuesday while the S&P 500 is down -0.4%. Healthcare and technology stocks have been hitting their highs consistently over the past week with them outperforming the market like they were during the initial rally from the March lows.
Consumer Defensive:
The Consumer Defensive industry makes up the minority of our 52-week highs, as 0 out of our 122 52-week highs comes to us from the Consumer Defensive industry. The Consumer Defensive industry is up 1.27% so far Tuesday while the S&P 500 is down -0.4% Consumer Defensive is the only sector with no stocks hitting their 52 week highs even as the market is down today. The sector has been under-performing the market during the rally with most stocks hitting their highs during the initial crash earlier in the year.
