During trading Tuesday, 5 stocks traded to a 52-week high, while 52 stocks bottomed out at new 52-week lows. The S&P 500 is down 0.07% so far today while the Dow is up 0.23%, the Nasdaq is down 1.15%, and the Russell 2000 is down 0.48%.
Stocks are mixed on the day Tuesday despite being down over 2% earlier in the day as Russian-Ukrainian tensions rise and investors preparing for further tightening of monetary policy to combat high inflation. Meanwhile, crypto market have bounced back slighty after plummeting since the beginning of the year with Bitcoin (BTC) and Ethereum (ETH) both up roughly 3% over the past 24 hours of trading. Finally, consumer confidence fell less than expected in January with the reading dropping from 115.2 to 113.8, economists expected a reading of 112.0.
Sector Highlights
Energy stocks dominated our list of highs today with 2 out of the 5 total stocks that reached their high coming from the Energy sector. The Energy sector is outperforming the market, increasing 3.75% so far on the day. Over the last month, the Energy sector has outperformed the market, increasing 14.67% while the S&P decreased 8.08%.
Energy stocks are tied with healthcare for the most highs Tuesday as the sector is up nearly 4% on the day and roughly 15% over just the past month of trading while markets have overall taken a nosedive since the beginning of the new year.
The Healthcare sector makes up the majority of our 52-week lows, as 21 out of our 52 lows comes from the Healthcare sector. The Healthcare sector is outperforming the market today, increasing 0.04% so far on the day. Over the last month, the Healthcare sector has underperformed the market, decreasing 9.71% while the S&P decreased 8.08%.
Healthcare stocks have by far the most lows today accounting for nearly a half of all lows with the sector trading mostly flat Tuesday but down almost 10% the past month of trading.
Healthcare: ABOS, AKYA, AVAH, CGTX, DSGN, EFTR, GH, GLUE, HYPR, IGMS, IMTX, KALV, KNTE, NVRO, OM, OPK, PRTK, QTNT, SHCR, TLMD, ZYXI,
The following stocks traded to 52-week lows:
ABOS, AJRD, AKYA, ALPP, AVAH, BASE, BCOV, BRDS, BZFD, CDAY, CGTX, CHTR, CLBT, DGNU, DSGN, EFTR, ENJY, FBRT, GCMG, GH, GLDD, GLUE, GWH, HLGN, HTLD, HYPR, IGMS, IMTX, IPOD, IVZ, KALV, KNTE, KVSC, MMM, NVRO, OM, OPK, PRTK, PWFL, QTNT, QTWO, RBBN, RNG, RNW, SAIL, SHCR, SMWB, SUNL, TLMD,
The following ETFs traded to a 52-week high:
BNO, DBC, DJP, GSG, IOO, IYH, IYK, OEF, OIL, PHO, SPY, USO, VNM, VTI, XLV, XOP,
The following ETFs traded to a 52-week low:
FXY,
