During trading Friday, 90 stocks traded to a 52-week high, while 171 stocks bottomed out at new 52-week lows. The S&P 500 is down 0.1% so far today while the Dow is up 0.35%, the Nasdaq is down 0.62%, and the Russell 2000 is down 0.86%.
Stocks are mixed Friday following the December Employment Situation Report, meanwhile, cryptos continue to fall as investors move off the volatile market. The establishment survey showed the economy added 199,000 jobs last month but a survey of households showed a reduction of 483,000 unemployed people in addition to the labor force rising 168,000. The household survey suggest that 651,000 new jobs were created compared to the headlined 199,000. Meanwhile, the unemployment rate fell from 4.2% to 3.9%, surpassing estimates of a drop to only 4.1%. Lastly, average hourly earnings rose by 0.6% in December.
Sector Highlights
Financial Services stocks dominated our list of highs today with 57 out of the 90 total stocks that reached their high coming from the Financial Services sector. The Financial Services sector is outperforming the market, increasing 1.09% so far on the day. Over the last month, the Financial Services sector has outperformed the market, increasing 4.71% while the S&P increased 0.13%.
Finance stocks have by far the most highs today accounting for nearly two-thirds of the market highs with the sector trading higher today and massively outperforming the market over the past month of trading.
Financial Services: ACBI, AFL, ASB, BAC, BANR, BK, BPOP, BRK.B, BRKL, BUSE, BY, CB, CFG, CMA, CPF, CUBI, EGBN, FBP, FCF, FFBC, FFIC, FITB, FNF, HAFC, HBAN, HBNC, HMST, HWC, ISBC, KEY, L, LBAI, LKFN, MCB, MET, MTB, NBHC, NTRS, OFG, OZK, PBCT, PFG, PGR, PNC, PNFP, PRU, RF, SBNY, STL, STT, STXB, TRV, UCBI, UMBF, UVE, WFC, ZION,
Energy had the second-largest presence on our 52-week highs, with 9 out of 90 highs coming from the Energy sector. The Energy sector is outperforming the market today, increasing 1.35% so far on the day. Over the last month, the Energy sector has outperformed the market, increasing 6.43% while the S&P increased 0.13%.
Energy stocks have the second most highs Friday as the sector has traded extremely strong over the past month, gaining over 6% in that time with a 1.35% gain today as well.
The Lists
The following stocks traded to 52-week highs: ACBI, AFL, AMPH, ASB, BAC, BANR, BK, BPMP, BPOP, BRK.B, BRKL, BUSE, BXP, BY, CB, CFG, CHD, CIO, CMA, COP, CPF, CUBI, CUZ, CVX, DEI, DG, DOV, DVN, EGBN, EPC, ESTE, FANG, FBP, FCF, FFBC, FFIC, FITB, FNF, HAFC, HBAN, HBNC, HMST, HWC, IDA, ISBC, KEY, KR, L, LBAI,
The following stocks traded to 52-week lows:
ACCD, ACHR, ADN, AEVA, AKBA, ALGS, ALHC, ALKT, ALVR, ALXO, AMPE, AMPL, AMWL, ANGI, APLT, ATNX, AUR, AVEO, AVLR, AVRO, AVTX, AWH, BBLN, BCAB, BEEM, BHG, BKSY, BLI, BOLT, BZFD, CAMP, CANO, CCCC, CDXC, CEVA, CGEM, CGNT, CGNX, CHPT, CHWY, CLBT, CLOV, COMP.EQ, CSGP, CSII, CTSO, CYRX, CZOO, DCRN,
