During trading Tuesday, 46 stocks traded to a 52-week high, while 276 stocks bottomed out at new 52-week lows. The S&P 500 is down 0.4% so far today while the Dow is up 0.05%, the Nasdaq is down 1.35%, and the Russell 2000 is down 0.75%.
Stocks turned lower Tuesday. President Biden announced plans to release oil reserves to help alleviate high oil prices. Dollar Tree (DLTR) is up 7.37% after the company beat earnings and revenue guidance, provided upside fourth-quarter revenue guidance, and announced that it would begin its $1.25 initiative starting in December in order to materially increase product offerings. Meanwhile, Best Buy (BBY) is down 13% after its earnings report showed shrinking margins and in-line revenue estimates.
Sector Highlights
Financial Services stocks dominated our list of highs today with 12 out of the 46 total stocks that reached their high coming from the Financial Services sector. The Financial Services sector is outperforming the market, increasing 1.04% so far on the day. Over the last month, the Financial Services sector has underperformed the market, decreasing 1.39% while the S&P increased 2.93%.
W.R. Berkley (WRB) is up 2.21% after being initiated at Goldman as a Buy.
Financial Services: ACGL, AX, BUSE, CIIG, FNF, GIG, RWAY, RYAN, SPAQ, UMBF, WRB, WTFC
The Healthcare sector makes up the majority of our 52-week lows, as 111 out of our 276 lows come from the Healthcare sector. The Healthcare sector is outperforming the market today, decreasing 0.33% so far on the day. Over the last month, the Healthcare sector has underperformed the market, increasing 0.77% while the S&P increased 2.93%.
Healthcare: ACCD, ADGI, ADPT, AERI, AKUS, ALBO, ALXO, AMTI, AMWL, ANNX, ARQT, ATAI, ATNX, AVIR, AWH, BBIO, BBLN, BCAB, BDSI, BDTX, BHG, BLUE, BOLT, CANO, CDNA, CGEM, CGEN, CLOV, CLVS, CRSP, CRTX, CRY, CSTL, CTSO, DCGO, DCPH, DH, DNLI, EAR, EFTR, EPZM, EXAS, FATE, FIXX, FMTX, GBIO, GH, GRPH, HALO, HRTX, IBRX, ICAD, IMGN, IOBT, JSPR, KRON, LABP, LFST, LHCG, LYEL, MBIO, MIRM, MRSN, MTEM, NAUT, NBIX, NEO, NKTR, NLTX, NRXP, NSTG, NVCR, NVTA, ONEM, OSCR, OSH, OYST, PASG, PGEN, PHAT, PRLD, PRTK, PSNL, QSI, QTNT, RARE, RXRX, RYTM, SAGE, SBTX, SDC, SDGR, SEER, SGFY, SGHT, SMFR, SPPI, STRO, TALK, TCMD, TCRR, TDOC, TFX, TMCI, TPTX, TSHA, UTRS, WVE, YMAB, ZGNX, ZYME
The Lists
The following stocks traded to 52-week highs:
AAWW, ACGL, ARW, AX, BRG, BUSE, CHD, CIIG, CLMT, CPLP, CPT, CSV, CSX, DLTR, FNF, FWONA, GATX, GIG, GMS, HSY, INOV, ITW, KEYS, LAND, LTH, LXU, MDP, MOV, MSI, MUSA, NFG, NMRK, PG, PLYM, RWAY, RYAN, SPAQ, TGLS, TITN, UFS, UMBF, UNP, VCRA, WIRE, WRB, WTFC
The following stocks traded to 52-week lows:
ACCD, ADGI, ADPT, AERI, AFYA, AI, AKTS, AKUS, ALBO, ALXO, AMTI, AMWL, ANGI, ANNX, APPN, ARHS, ARQT, ARR, ARVL, ATAI, ATNX, AVIR, AVPT, AWH, AYX, BALY, BAND, BARK, BBIO, BBLN, BCAB, BDSI, BDTX, BFAM, BHG, BIRD, BKSY, BLUE, BMBL, BNFT, BODY, BOLT, BTRS, BYND, CANO, CASA, CDLX, CDNA, CDZI
The following ETFs traded to a 52-week high:
The following ETFs traded to a 52-week low:
