During trading Monday, 45 stocks traded to a 52-week high, while 5 stocks bottomed out at new 52-week lows. The S&P 500 is up 1.36% so far today while the Dow is up 1.75%, the Nasdaq is up 0.79%, and the Russell 2000 is up 2.19%.
Markets are moving higher Monday evening as Bitcoin (BTC) and other cryptos continue to fall as China cracks down on cryptocurrency mining. Still, MicroVision (MVIS) purchased an additional $489 million worth of Bitcoin, bringing its total to over 100,000 bitcoins.
Sector Highlights
Technology stocks dominated our list of highs today with 14 out of the 45 total stocks that reached their high coming from the Technology sector. The Technology sector is underperforming the market, increasing 0.9% so far on the day. Over the last month the Technology sector has outperformed the market, increasing 4.44% while the S&P decreased 0.18%.
Tech stocks have the most highs Monday as the sector continues to outperform the market with investors seemingly moving back towards remote stocks after going to reopen investments for so long as the economy reopened.
Healthcare had the second largest presence on our 52-week highs, with 14 out of 45 highs coming from the Healthcare sector. The Healthcare sector is underperforming the market today, increasing 1.27% so far on the day. Over the last month the Healthcare sector has outperformed the market, increasing 0.05% while the S&P decreased 0.18%.
Healthcare tied tech stocks for the most highs Monday with tech stocks as the sector traded higher overall and is now mostly flat over the past month.
The Lists
The following stocks traded to 52-week highs: ADBE, AGIO, ANGO, ATEX, AXNX, CATO, CLNY, CNS, CPRT, CRL, CUBE, DHR, DOMO, DPZ, DT, EW, EXLS, FTAI, FTNT, IHRT, INTU, ISRG, IT, KIDS, LMAT, LPI, MANH, MSCI, MSFT, PBH, POOL, PRFT, PSA, PTGX, RAVN, RMBS, SHOP, SWAV, SWBI, SYKE, TEAM, TW, TWO, WST, ZTS,
No ETFs traded to a 52-week high today.
The following ETFs traded to a 52-week low:
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