During trading Friday, 84 stocks traded to a 52-week high, while 8 stocks bottomed out at new 52-week lows. The S&P 500 is up 1.58% so far today while the Dow is up 1.18%, the Nasdaq is up 2.41%, and the Russell 2000 is up 2.43%.
Markets are higher Friday despite disappointing retail sales data in April. Retail sales were flat last month remaining unchanged at 0% growth compared to the previous month’s 9.8% rise, analysts were expecting sales to grow another 1.8% in April. Commodity prices are finally dropping a bit today with basis metals coming down the most.
Sector Highlights
Financial Services stocks dominated our list of highs today with 17 out of the 84 total stocks that reached their high coming from the Financial Services sector. The Financial Services sector is outperforming the market, increasing 1.75% so far on the day. Over the last month the Financial Services sector has outperformed the market, increasing 6.1% while the S&P decreased 0.39%.
Finance stocks regain top spot among the list with JP Morgan (JPM) setting a new high after hiring now former Goldman Sachs CFO, Sherry Ann Mohan.
Financial Services: ALL, ATAX, AUB, BHLB, BPOP, FFWM, HLI, JHG, JPM, MTB, NFBK, OFG, SBSI, SFBS, TFSL, TW, UBSI,
The Consumer Cyclical sector makes up the majority of our 52-week lows, as 5 out of our 8 lows comes from the Consumer Cyclical sector. The Consumer Cyclical sector is outperforming the market today, increasing 1.73% so far on the day. Over the last month the Consumer Cyclical sector has underperformed the market, decreasing 4.88% while the S&P decreased 0.39%.
Cyclical stocks have the second most highs today despite the sector being down almost 4% over the the past month and trading mostly in line with the market today.
Consumer Cyclical: ELOX, ODT, PTCT, RETA, SRGA,
The Lists
The following stocks traded to 52-week highs:
ABBV, ACCO, ACHC, ACN, AGRO, ALL, ALXN, ATAX, AUB, AWI, BCEI, BCPC, BERY, BHLB, BOOT, BPOP, CASY, CCEP, CHH, CHX, CPLG, CPRX, CTB, CWK, DBI, DDS, DXC, EMN, ENBL, EPD, ET, EXLS, EXP, FDP, FFWM, GPK, GPMT, HLI, HRB, HSC, HSTM, HSY, HTZGQ, IGT, IP, IRM, JHG, JPM, KBR, KHC, KRP, LAND, LNG, LPG, MCFT, MDLZ, MPC, MPLX, MTB, MTX, NFBK, NGVT, NMRK, OFG, PBH, PLXS, RRR, SBSI, SFBS, SGRY, SIC, SLB, SRCL, SUM, TFSL, TMUS, TSN, TW, UBSI, UHS, USM, WES, WRK, XPEL
The following stocks traded to 52-week lows:
AYX, ELOX, GPORQ, NEWR, ODT, PTCT, RETA, SRGA
The following ETFs traded to a 52-week high:
AMJ, EWK, EWO, PPH
No ETFs traded to a 52-week low today.
