During trading Monday, 87 stocks traded to a 52-week high, while 34 stocks bottomed out at new 52-week lows. The S&P 500 is up 0.47% so far today while the Dow is up 0.48%, the Nasdaq is up 0.99%, and the Russell 2000 is up 0.68%.
Stocks are higher Monday on the first trading day of the new year. Construction Spending rose 0.4% in November, missing estimates for a 0.6% rise. Meanwhile, the Federal Open Market Committee (FOMC) minutes are set to released Wednesday on the conclusion of the Federal Reserve’s meeting. Meanwhile, shares of Tesla (TSLA) are up over 12% today as the electric vehicle manufacturing hit record deliveries in 2021 of 308,600 cars.
Sector Highlights
Industrials stocks dominated our list of highs today with 16 out of the 87 total stocks that reached their high coming from the Industrials sector. The Industrials sector is underperforming the market, decreasing 1.17% so far on the day. Over the last month the Industrials sector has underperformed the market, decreasing 2.45% while the S&P increased 5.22%.
Industrial stocks have the most highs Monday despite the sector losing significant ground today and underperforming the market overall for the past month of trading.
Financial Services had the second largest presence on our 52-week highs, with 15 out of 87 highs coming from the Financial Services sector. The Financial Services sector is outperforming the market today, increasing 1.17% so far on the day. Over the last month the Financial Services sector has underperformed the market, increasing 3.28% while the S&P increased 5.22%.
Finance stocks have the second most highs today as the sector is outperforming today and is still up over 3% the past month even though it has underperformed the market overall during that time.
Financial Services: AEL, BHLB, CFB, CLBK, CUBI, ECPG, FCF, FHI, JXN, LBAI, LKFN, MCB, PRAA, RILY, STC,
The Lists
The following stocks traded to 52-week highs: AA, AAWW, ACET, ACLS, AEL, AOSL, APTS, ARLP, AVB, BHLB, BIP, BLDR, BPMP, BXC, CBRE, CDRE, CFB, CHRW, CIO, CLBK, CMC, CNM, CUBI, CUZ, CVX, DHX, DOV, ECPG, EDR, EL, ELF, EXLS, F, FCF, FHI, FRT, FWONA, GOOD, H, HLT, HRMY, HUBG, HUN, IDA, IPAR, IR, ITOS, JWEL, JXN,
The following stocks traded to 52-week lows:
AERI, AGIL, AGMH, ALVR, ANNX, APLT, APPH, BCAB, BKSY, CLSK, DYN, EDIT, HGEN, HUMA, INO, LVLU, MGNX, MNTS, NRDY, NVCR, OLO, PASG, PIII, SANA, SONX, SRNE, TNXP, TPGY, TSHA, VERX, VHC, VORB, WVE, XELA,
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,
