During trading Monday, 34 stocks traded to a 52-week high, while 53 stocks bottomed out at new 52-week lows. The S&P 500 is up 2.65% so far today while the Dow is up 1.86%, the Nasdaq is up 3.43%, and the Russell 2000 is up 3.1%.
Stocks rose big Monday following a rally to end last week as the S&P 500 reached technical support levels. Shares of Bank of America (BAC) rose over 6% following the financial institutions' earnings and revenue beat. Meanwhile, Bank of America recently noted that it takes a developed economy an average of ten years to reach back to 2% inflation once the 5% level is surpassed.
Sector Highlights
Financial Services stocks dominated our list of highs today with 17 out of the 34 total stocks that reached their high coming from the Financial Services sector. The Financial Services sector is outperforming the market, increasing 2.73% so far on the day. Over the last month, the Financial Services sector has outperformed the market, increasing 4.31% while the S&P decreased 5.53%.
Finance stocks have the most highs Monday following a batch of earnings results Friday to go along with Bank of America's (BAC) and Charles Schwab's (SCHW) earnings beat this morning.
Financial Services: APGB, BANR, CFR, CONX, CRU, CVII, DCRD, EPHY, FCAX, FVIV, HIII, HTBK, IBOC, MIT, PNTM, PV, RGA
The Healthcare sector makes up the majority of our 52-week lows, as 21 out of our 53 lows comes from the Healthcare sector. The Healthcare sector is underperforming the market today, increasing 1.94% so far on the day. Over the last month, the Healthcare sector has outperformed the market, decreasing 0.11% while the S&P decreased 5.53%.
Healthcare stocks have the most lows Monday despite the sector staying roughly flat the past month of trading while the overall market has fallen over 5% during that time.
Healthcare: AKBA, AMPE, ATNX, BDTX, BLI, BYSI, ENDPQ, FBIO, MEIP, NGM, NMTR, PRAX, QTNT, RARE, SNCE, STXS, TALK, TNYA, TVTX, VSTM, VTGN
The Lists
The following stocks traded to 52-week highs:
APGB, AVEO, BANR, CCXI, CFR, CONX, CRU, CVII, CYBE, DCRD, ELF, EPHY, FCAX, FSNB, FVIV, HIII, HTBK, IBOC, INSW, IRDM, ISEE, BOWL, LFG, LRN, MIT, NSTC, PNTM, PV, RFP, RGA, RKTA, STNG, WVE, WWE
The following stocks traded to 52-week lows:
AKBA, AMPE, APPH, AQB, ARQQ, ATNX, BDTX, BLI, BYSI, QNGY, RUM, CURO, EBON, PGY, ENDPQ, ENJYQ, ENPC, FBIO, FOXA, FUV, GDOT, GOCO, POL, GREE, JOAN, KULR, LIDR, LYLT, MEIP, MVST, NAK, NGM, NMTR, NVVE, OPEN, PRAX, PRCH, QTNT, RARE, SFT, SMSI, SNCE, STXS, TALK, TBLA, TNYA, TPIC, TVTX, VNTR, VRM, VSTM, VTGN, XELA
High & Low Streaks
The following stocks are trading at a 52-week high for the third consecutive day:
AVEO, CVII, CYBE, FVIV, INSW, PNTM
The following stock has been trading at a 52-week high for five or more consecutive days:
CCXI (5)
The following stock is trading at a 52-week low for the third consecutive day:
