During trading Monday, 134 stocks traded to a 52-week high, while 2 stocks bottomed out at new 52-week lows. The S&P 500 is up 0.68% on the day so far Markets are up today following news from AstraZeneca and the University of Oxford on their vaccine candidate. The vaccine was found to be 70% effective with studies showing that half dosages may result in 90% efficacy. Former Fed chair Janet Yellen is reportedly Joe Biden's pick for Treasury Secretary.
The following stocks traded to 52-week highs:
ABBV, ACIA, AEIS, AEO, AIT, ALB, AMAT, ANF, AOSL, APH, APLS, APPN, APTV, ARCB, ATR, ATRA, ATUS, BALY, BC, CDLX, CDNA, CHNG, CLF, CLNE, COOP, CORT, COWN, CREE, CROX, CTVA, CVNA, EIDX, EMN, ENPH, ENSG, ETN, EVH, EVR, FCX, FICO, FLEX, FMC, FORM, FVRR, GLIBA, GM, GPS, GSM, GTLS, HI, HMST, HOG, HRI, IDT, IIVI, KLAC, KRNT, KTB, LAD, LASR, LB, LBRDK, LFUS, LL, LPRO, LRCX, LTHM, MAT, MDRX, MED, MGNI, MKSI, MSTR, MU, MYE, NEO, NGM, NOVA, NUAN, NWL, NXPI, OCUL, OLN, OMCL, ORBC, ORGO, PAR, PCRX, PH, PI, PLUG, PRIM, PSNL, PTC, PTCT, QRTEA, QTWO, RBBN, RBC, RESI, RFP, RH, RILY, ROG, ROKU, SCCO, SCHN, SEE, SIVB, SNAP, SPSC, SQ, STNE, SWAV, TER, TEX, TGT, TMX, TPX, TRTN, TSLA, TTC, TUP, UPWK, URI, VC, VCYT, VNE, WCC, WK, XLNX, YETI, ZBRA, ZUMZ, ALG, JYNT, LDL
The following Stocks traded to 52-week lows:
NEBLQ, PACDQ
The following ETFs traded to a 52-week high:
BWX, EEM, EFA, EWJ, EWN, EWT, EWY, EZU, FAN, IWC, IWM, IYJ, IYK, JJA, JJC, JJG, MDY, MOO, PBD, PBW, REMX, RJA, SMH, XRT
The following ETFs traded to a 52-week low:
None
Technology: ACIA, AMAT, AOSL, APH, APPN, CREE, ENPH, FICO, FLEX, FORM, IIVI, KLAC, LASR, LFUS, LRCX, MKSI, MSTR, MU, NOVA, NUAN, NXPI, PAR, PI, PTC, QTWO, ROG, SPSC, SQ, STNE, TER, WK, XLNX, ZBRA
Technology stocks dominated our list of highs today with 33 out of the 134 total stocks that reached their high coming from the Technology sector. The Technology sector is is underperforming the market, increasing 0.05% so far on the day. Over the last month the Technology sector has underperformed the market, decreasing -0.98% while the S&P increased 2.12%. Tech stocks have the most highs Monday despite trading flat as a sector. Tech stocks have been underperforming the past month as positive vaccine news has led to investors reallocating into lagging sectors hurt most by the coronavirus.
Consumer Cyclical: AEO, ANF, APTV, ATR, BALY, BC, CROX, CVNA, GM, GPS, HOG, KTB, LAD, LB, LL, MAT, MED, MYE, QRTEA, RH, SEE, TMX, TPX, TSLA, TUP, VC, VNE, YETI, ZUMZ
The Consumer Cyclical sector had the second largest presence on our 52-week highs, with 29 out of 134 highs coming from the Consumer Cyclical sector. The Consumer Cyclical sector is outperforming the market today, increasing 1.11% so far on the day. Over the last month the Consumer Cyclical sector has underperformed the market, decreasing 1.15% while the S&P increased 2.12. Consumer cyclical stocks continue to dominate as investors become more bullish with the recent wave of vaccine news along with unemployment claims dropping.
