During trading Thursday, 73 stocks traded to a 52-week high, while 67 stocks bottomed out at new 52-week lows. The S&P 500 is up 2.23% so far today while the Dow is up 1.79%, the Nasdaq is up 2.96%, and the Russell 2000 is up 2.56%.
Stocks are rising Thursday following the conclusion of the Federal Reserve's meeting yesterday in which officials stated intentions to raise rates by 50 basis points for each of the next two meetings. initial unemployment claims fell from 218,000 to 210,000 claims last week, meeting analysts expectations. Meanwhile, Broadcom (AVGO) announced its plan to acquire VMware in a $61 billion massive deal, AVGO shares are up 4% today following the news.
Sector Highlights
Energy stocks dominated our list of highs today with 47 out of the 73 total stocks that reached their high coming from the Energy sector. The Energy sector is underperforming the market, increasing 1.24% so far on the day. Over the last month, the Energy sector has outperformed the market, increasing 18.03% while the S&P decreased 2.58%.
Energy stocks have the most highs Thursday as the sector is higher on the day and remains up a staggering 18% over the last month of trading.
Energy: APA, AR, CIVI, COP, CRK, CTRA, CVI, CVX, DINO, DMLP, DVN, EOG, EPD, EQT, ESTE, FRO, GPOR, HES, HP, KRP, MGY, MNRL, MPC, MRO, MTDR, NE, NOG, OXY, PBF, PBFX, PSX, PTEN, PXD, RRC, RTLR, SD, SJT, SLB, SM, SOI, SWN, TALO, TNK, TTI, WES, WMB, XOM,
The Healthcare sector makes up the majority of our 52-week lows, as 38 out of our 67 lows comes from the Healthcare sector. The Healthcare sector is underperforming the market today, increasing 0.55% so far on the day. Over the last month, the Healthcare sector has outperformed the market, increasing 0.17% while the S&P decreased 2.58%.
Healthcare stocks have the most lows today despite the sector outperforming the market over the past month and inching higher Thursday. Many biotechs remains at or near lows as interest wanes from earlier in the pandemic.
Healthcare: AERI, AGIO, ALBO, ANAB, AQST, ARAY, ATHX, CRNX, CTMX, DAWN, GLUE, GRTS, HRTX, JNCE, MDT, MEIP, MGNX, MORF, MRUS, MTEM, NRIX, NRXP, NUVB, OCUL, OCX, OMGA, OSUR, OVID, QTNT, SIEN, SPRO, STOK, STTK, SWTX, TCRR, TNXP, TXMD, VRCA,
The Lists
The following stocks traded to 52-week highs:
AMR, APA, AR, AVD, BANF, BMY, CIVI, CNR, COP, CRK, CTRA, CTVA, CVBF, CVI, CVX, DINO, DMLP, DOX, DVN, DWIN, ED, EOG, EPD, EQT, ESTE, ETAC, FRO, GO, GPOR, HALO, HES, HP, HURN, KRO, KRP, LVLU, MGY, MNRL, MPC, MRO, MSP, MTDR, MTOR, NE, NOG, NRG, NTCT, OXY, PBF,
The following stocks traded to 52-week lows:
AERI, AGIO, ALBO, ALPP, ANAB, AQST, ARAY, ATHX, AVYA, BIOT, CMCO, CRNX, CTMX, DAWN, DDOG, GLUE, GRAB, GREE, GRTS, HRTX, HYAC, JACK, JNCE, KPLT, LGF.A, LKCO, LTCH, MANU, MARA, MDB, MDT, MEIP, MGNX, MORF, MRUS, MSPR, MTEM, NN, NRIX, NRXP, NTNX, NUVB, OCUL, OCX, OMGA, OSUR, OVID, QNGY, QTNT,
The following ETFs traded to a 52-week high:
DIG, IEO, IGE, IXC, IYE, UNG, XLE, XOP,
The following ETFs traded to a 52-week low:
EGPT,
