During trading Tuesday, 87 stocks traded to a 52-week high, while 8 stocks bottomed out at new 52-week lows. The S&P 500 is up 2.1% so far today while the Dow is up 1.46%, the Nasdaq is up 3.09%, and the Russell 2000 is up 2.81%.
Stocks are on the rise Tuesday afternoon. The crypto market is up 4.82% as cryptos bounce back from a selloff over the weekend. Meanwhile, the trade deficit fell less than expected in October to $67.1 billion from $81.4 billion in September. Meanwhile, MongoDB (MDB) is up 16.98% after the company reported better than expected earnings and provided upside fourth-quarter guidance. Lastly, HealthEquity (HQY) is down 21.11% after the company reported in-line earnings while providing downside full-year 2022 guidance.
Sector Highlights
Technology stocks dominated our list of highs today with 20 out of the 87 total stocks that reached their high coming from the Technology sector. The Technology sector is outperforming the market, increasing 3.46% so far on the day. Over the last month, the Technology sector has outperformed the market, increasing 0.26% while the S&P decreased 2.25%.
Alpha and Omega Semi (AOSL) is up 13.43% after the company announced the sale of a portion of a joint venture company in Chongquing, China worth $16.9 million. Meanwhile, Marvell (MRVL) is up 7.22% after announcing the industry's first 50Gbps chipset solution for 5G fronthaul.
Technology: AAPL, ACLS, AOSL, AVGO, CIEN, CSGS, DELL, EVTC, EXTR, INFA, JNPR, KEYS, MRVL, MXL, NXPI, ON, PSTG, RMBS, SYNA, TER
Industrials had the second-largest presence on our 52-week highs, with 20 out of 87 highs coming from the Industrials sector. The Industrials sector is underperforming the market today, increasing 1.44% so far on the day. Over the last month, the Industrials sector has underperformed the market, decreasing 2.58% while the S&P decreased 2.25%.
Industrials: AOS, AWI, BLDR, BXC, CDRE, CSL, CSX, FWRD, GATX, GMS, GWW, KNX, NPO, NVEE, ODFL, SSD, UNP, WMS, WSC, WSO
The Lists
The following stocks traded to 52-week highs:
AAPL, ABT, ACI, ACLS, AJG, AOS, AOSL, AVGO, AWI, AWR, AZO, BERY, BLDR, BXC, CARS, CDRE, CIEN, CNP, CPT, CSGS, CSL, CSR, CSV, CSX, CVX, CWK, DELL, DRE, EGP, EIX, EVTC, EXR, EXTR, FR, FWRD, GATX, GMS, GRBK, GWW, INFA, INVH, JNPR, KEYS, KNX, LEN, LOW, LSI, LWLG, MCD
The following stocks traded to 52-week lows:
ALGS, AUS, BOLT, BZFD, FA, HQY, MRSN, PEAR
The following ETFs traded to a 52-week high:
EWT, ICF, ITB, IYR, SOXX, URE, VNQ, XHB
The following ETFs traded to a 52-week low:
