During trading Thursday, 58 stocks traded to a 52-week high, while 15 stocks bottomed out at new 52-week lows. The S&P 500 is up 0.56% on the day so far. Stocks are rising Thursday afternoon after trading lower earlier in the day. Stimulus talks have had some progress according to Nancy Pelosi but the House Speaker warned that if a bill is passed it more than likely will come after the election. Initial claims fell to 787,000 from 870,000 the week before. Continuing claims fell more than a million and dropped to 8,373,000.
The following stocks traded to 52-week highs:
ALGN, ATSG, BCOV, BIO, CBAY, CCK, CMBM, CSX, DAR, DHR, DNKN, EL, EXR, FIZZ, FOLD, FRC, GGG, GME, GPI, GTLS, HALO, IMMU, IPGP, JRVR, KOD, LOB, MSTR, NVRO, PBI, PCAR, PHR, POOL, RAMP, SAFE, SCCO, SIVB, SNAP, STAA, SXT, TBK, TMO, TXRH, WHR
The following Stocks traded to 52-week lows:
CVI, CXW, DSSI, GEO, GILD, NOG, PBF, PGRE, REV, SENS, SNDL, TK, XOGAQ
Healthcare: ALGN, BIO, CBAY, DHR, FOLD, HALO, IMMU, KOD, NVRO, PHR, STAA, TMO
Healthcare stocks dominated our list of highs today with 12 out of the 58 total stocks that reached their high coming from the Healthcare sector. The Healthcare sector is up 1.56% so far Thursday while the S&P 500 is up 0.56%. Healthcare is trading high Thursday after being outshined by Industrial and Tech stocks more recently. None of the leading vaccine developers hit their high as investors are reallocating assets into different industries in the sector after many were speculating on which company would win the race to a vaccine.
Consumer Cyclical: CCK, DNKN, GME, GPI, POOL, TXRH, WHR
The Consumer Cyclical sector had the second largest presence on our 52-week highs, with 7 out of 58 highs coming from the Consumer Cyclical sector. The Consumer Cyclical sector is up 0.03% so far Thursday while the S&P 500 0.56% Consumer Cyclical is underperforming the market but has the second most highs following strong trading days in recent weeks. America is back to running on Dunkin (DNKN) as more people are commuting into work following businesses reopening and remote work not as necessary as back in March..
