During trading Tuesday, 164 stocks traded to a 52-week high, while 83 stocks bottomed out at new 52-week lows. The S&P 500 is up 0.65% so far today while the Dow is up 0.58%, the Nasdaq is up 0.73%, and the Russell 2000 is up 0.18%.
Markets are higher Tuesday evening as retail sales came in above estimates with a 1.7% rise in October verse economists expectations for a 1.2% increase. Industrial Production and Capacity Utilization also surpassed estimates with a 1.6% rise and 76.4% reading respectively. Finally, shares of Walmart (WMT) are slightly lower today despite the firm surpassing earnings projections and raising its full year guidance. Investors took note of the large retailers lowered consolidated gross profit rate as supply chain disruptions provided additional challenges for the company.
Sector Highlights
Technology stocks dominated our list of highs today with 38 out of the 164 total stocks that reached their high coming from the Technology sector. The Technology sector is outperforming the market, increasing 1% so far on the day. Over the last month the Technology sector has outperformed the market, increasing 6.9% while the S&P increased 5.15%.
Tech stocks have the most highs once again on Tuesday as the sector is up 1% today and nearly 7% over the past month with investors moving back to their favorite big tech firms.
Technology: ACN, ADI, AMAT, APH, ARW, AVGO, CDNS, DOCN, ENTG, EXTR, FFIV, GDYN, INDI, INTU, IONQ, KEYS, KLAC, MIME, MPWR, MSFT, MTTR, MXL, PANW, PI, PRCH, QCOM, SHOP, SLAB, SNPS, SPNS, TEL, TER, TTD, TYL, VRSN, WDAY, XLNX, ZI,
Industrials had the second largest presence on our 52-week highs, with 35 out of 164 highs coming from the Industrials sector. The Industrials sector is underperforming the market today, increasing 0.47% so far on the day. Over the last month the Industrials sector has underperformed the market, increasing 4.5% while the S&P increased 5.15%.
Industrial stocks continue to perform as the sector has the second most highs with it trading inline with the overall market today.
Industrials: ACM, ADP, AOS, AQUA, ATKR, BLD, BLDR, CNHI, CPLP, CPRT, CWST, DOV, DSKE, ETN, FAST, FIX, GWW, HAYW, HUBB, HUBG, IEX, INFO, IR, ITW, J, JCI, KBR, MAS, NVT, RRX, SHYF, UNP, VRSK, YELL, ZIP,
The Lists
The following stocks traded to 52-week highs: ABT, ACM, ACN, ADI, ADP, AFL, AIV, ALV, AMAT, AMP, AOS, APH, AQUA, ARW, ASH, ATHN, ATKR, AVB, AVGO, AVNT, AZO, BG, BKE, BLD, BLDR, BOOT, BRDG, BRG, CCOI, CDNS, CF, CHD, CNHI, CONE, COST, CPLP, CPRT, CUE, CVX, CWEN, CWST, DEI, DLTR, DMYQ, DOCN, DOV, DRE, DSKE, DXCM,
The following stocks traded to 52-week lows:
ACCD, AFYA, ALBO, AQB, ATNX, AVPT, AVRO, BDTX, BHG, BLND, BODY, BOLT, CDZI, CGEM, CGEN, CLVS, CMP, CNVY, CSII, CVAC, DKNG, DM, DRQ, EAT, ESGC, FREQ, FXLV, GAN, GNL, GRPH, HOOK, IBIO, IBRX, ICAD, INGN, KLTR, LOTZ, LVOX, MAPS, MDVL, MTEM, NBEV, NISN, NLS, NLTX, NXTC, OSCR, OSMT, OTRK,
