During trading Monday, 48 stocks traded to a 52-week high, while 73 stocks bottomed out at new 52-week lows. The S&P 500 is down 1.14% so far today while the Dow is down 1.1%, the Nasdaq is down 1.04%, and the Russell 2000 is down 1.29%.
Stocks are lower Monday afternoon as investors digest Fedspeak and potentially more lockdowns in China. St. Louis Fed President James Bullard said markets may be underestimating higher rates, while New York Fed president said there is still a ways to go in the Fed's battle against inflation.
Meanwhile, protests against COVID lockdowns have been erupting in China as the country hit an all-time high in cases. Further, protests against this policy, quaruntining measures, and low pay at Foxconn could lead to a shortfall of 6 million iPhone Pros this year. Apple Inc (AAPL) is down 2.16% on the news.
Lastly, Shopify Inc (SHOP) is rising 3.32% after record breaking Black Friday sales. Black Friday purchases on the app were up 17% from last year.
Sector Highlights
Financial Services stocks dominated our list of highs today with 20 out of the 48 total stocks that reached their high coming from the Financial Services sector. The Financial Services sector is underperforming the market, decreasing 1.45% so far on the day. Over the last month, the Financial Services sector has outperformed the market, increasing 10.56% while the S&P increased 6.02%.
Financial Services: ACII, ADEX, AMAL, APGB, COLI, CPUH, FCAX, FLME, FSNB, HCIC, HIII, IPVA, KAHC, MGI, RMGC, SLAC, THCP, TSPQ, VELO, WPCB
The Healthcare sector makes up the majority of our 52-week lows, as 29 out of our 73 lows comes from the Healthcare sector. The Healthcare sector is outperforming the market today, decreasing 0.53% so far on the day. Over the last month, the Healthcare sector has outperformed the market, increasing 6.21% while the S&P increased 6.02%.
Healthcare: ADCT, IVVD, ATIP, AVAH, AWH, BYSI, QNCX, DNA, EBS, EFTR, PRDS, JNCE, KRON, MDT, NAUT, NMTR, OCGN, OPK, PAVM, RLMD, RUBY, SDGR, SMFR, TIL, TNXP, TOI, TVTX, VINC, VXRT
The Lists
The following stocks traded to 52-week highs:
ABC, ACII, ADEX, AMAL, APGB, AXSM, BMRN, CAG, CASY, COLI, CPB, CPRX, CPUH, ELF, EVOP, FCAX, FLME, FLO, FSNB, GILD, GIS, GTY, HALO, HCIC, HIII, IMVT, IPVA, KAHC, LYTS, MGI, MNST, MRK, ORLY, PCVX, RMGC, SLAC, SMCI, SRPT, SWCH, TBCP, THCP, TSPQ, ULTA, VELO, WNC, WPCB, WWE
The following stock recently reported earnings and is at a 52-week high:
The following stocks traded to 52-week lows:
ADCT, IVVD, AEVA, ARVL, ATIP, AUR, AVAH, AWH, BBBY, BLND, BODY, BRMK, BYSI, CEI, QNCX, CSTE, CURV, CYXT, SLDP, DNA, EBS, EFTR, ENJYQ, FFIE, FFWM, PRDS, GAN, RVYL, GSM, HUDI, IRNT, JNCE, KRON, LCID, LUMN, LVLU, MKFG, CENN, NAUT, NMTR, OCGN, OLO, OPK, PAVM, PRTY, QS, RKLY, RLMD, RSI, RUBY, SDGR, SFT, SHPW, SMFR, SOFI, BOXD, TIL, TNXP, TOI, VCSA, TTCF, TVTX, UIHC, UIS, USM, VINC, VLTA, VXRT, WKHS, XELA, CORZ, ZIM
The following stock recently reported earnings and is at a 52-week low:
