During trading Wednesday, 73 stocks traded to a 52-week high, while 3 stocks bottomed out at new 52-week lows. The S&P 500 is down -0.29% so far today while the Dow is down 0.61% and the Nasdaq is up 0.25%. Markets are mixed ahead of Thanksgiving as initial claims rose from last week with 778,000 people filing for unemployment last week. Continuing claims fell to 6.07 million, down 300,000 from the previous week. Vaccine hopes leading to stock gains earlier in the week have been tempered with rising case counts and continued unemployment claims.
The following stocks traded to 52-week highs:
ACN, ADSK, AEIS, AEO, ALTR, AMBA, APPN, ATSG, AVGO, AX, BCOV, BE, BLK, BMCH, COOP, CTSH, DE, EIDX, ENPH, EVH, FCX, FFIV, FRTA, FTCH, FVRR, HASI, HI, IIVI, KEYS, KNSL, LE, LL, LMAT, MGNI, MMSI, MRNA, MSA, MSTR, MYRG, NOVA, NTLA, NWSA, NXGN, NXPI, OCUL, OMCL, OPRX, PAGS, PANW, PAR, PGEN, PLAN, PTC, PTCT, QNST, RARE, RBBN, RILY, RLGT, SCCO, SPWR, SQ, TEAM, TER, TSLA, TTD, TTEC, WK, WOW, XLNX, YETI, ZBRA, ZEN
The following Stocks traded to 52-week lows:
CHKAQ, PACDQ, SENS
The following ETFs traded to a 52-week high:
BWX, EWN, EZU, FAN, IOO, IYJ, IYK, JJC, SKYY, SMH, SOXX, TAN
The following ETFs traded to a 52-week low:
None
Technology: ACN, ADSK, ALTR, AMBA, APPN, AVGO, BCOV, CTSH, ENPH, FFIV, IIVI, KEYS, MSTR, NOVA, NXPI, PAGS, PANW, PAR, PLAN, PTC, SPWR, SQ, TEAM, TER, TTD, TTEC, WK, XLNX, ZBRA, ZEN
Technology stocks dominated our list of highs today with 30 out of the 73 total stocks that reached their high coming from the Technology sector. The Technology sector is outperforming the market, increasing 0.11% so far on the day. Over the last month the Technology sector Tech stocks are up big once again Wednesday with investors moving assets back into the sector most likely to gain or stabilize with additional quarantine measures. Square (SQ) has once again set a new high with many small businesses relying on the payment service for online orders and remote payments.
Healthcare: EIDX, EVH, LMAT, MMSI, MRNA, NTLA, NXGN, OCUL, OMCL, OPRX, PGEN, PTCT, RARE
The Healthcare sector had the second largest presence on our 52-week highs, with 13 out of 73 highs coming from the Healthcare sector. The Healthcare sector is underperforming the market today, decreasing -0.61% so far on the day. Over the last month the Healthcare sector has underperformed the market, increasing 1.19% while the S&P increased 5.27. Healthcare has the second most highs today despite the sector being down on the day. Healthcare has underperformed over the past month with many lagging sectors finally getting some love after vaccine news brought investors back in industries such as airlines, automobiles, and financial services companies.
