During trading Monday, 154 stocks traded to a 52-week high, while 14 stocks bottomed out at new 52-week lows. The S&P 500 is up 0.83% on the day so far. Factory activity in both China and Europe rose faster than expected during the month of July. The Senate and House continue to discuss a potential stimulus package as many of the benefits from the CARES Act have ended as both sides want to continue benefits in some way. Microsoft (MSFT) is up over 4% today as the company is engaging in talks with the White House about purchasing TikTok in order to prevent the social media app from being banned by September 15th.
The following stocks traded to 52-week highs:
A, AAON, AAPL, AAWW, ABMD, ACLS, ACMR, ACN, ADT, ANET, ANSS, APPS, ATVI, AVTR, BAH, BBY, BCC, BERY, BGS, BLD, BR, BRKS, CAMT, CCC, CDNS, CENX, CEVA, CGNX, CHGG, CHWY, CIEN, CNSL, COOP, CREE, CRL, CTB, CVNA, CWH, DHR, DOCU, DXCM, EA, EBS, ENTG, EPAM, ETSY, EVH, EXPD, EXPO, FAST, FICO, FIVN, FLGT, FN, FOXF, FRPT, FSLY, FTCH, FVRR, GLIBA, GLOB, GNRC, GRUB, GSHD, HOLX, IAC.XX10, IIVI, INFO, IOTS, IPHI, KNSL, LCII, LITE, LOCO, LOVE, LOW, LRCX, LVGO, MELI, MKC, MKSI, MNST, MODN, MPWR, MTCH.XX10, MXL, NEO, NOMD, NOVA, NUAN, NVDA, NVMI, NYT, OMI, OSPN, OSTK, OSUR, PANW, PBI, PDCO, PDFS, PEGA, PEN, PGR, PINS, PLMR, POOL, PYPL, PZZA, QCOM, QDEL, QLYS, QRVO, QTS, RCM, RGEN, RGR, RH, ROL, SLP, SPLK, SPNS, SQ, SSD, SSTK, STMP, STNE, SVMK, SWBI, SWKS, TER, THO, TMO, TREX, TTGT, TTWO, TWLO, UFPI, VAR, VEEV, VICR, VIVO, VRSK, VSTO, W, WIX, WSM, WSO, WST, XPEL, YETI, YNDX, ZS, ZTS, CENT, HWKN, MGIC, TCX
The following Stocks traded to 52-week lows:
AHT, CLBK, CLI, CVIAQ, ESRT, FARM, FCFS, GRTS, INGN, NTUS, REV, SOLY, UBA, XOGAQ, STFC
Technology: AAPL, ACLS, ACMR, ACN, ANET, ANSS, APPS, BR, BRKS, CAMT, CCC, CDNS, CEVA, CGNX, CIEN, CREE, DOCU, ENTG, EPAM, FICO, FIVN, FN, FSLY, GLOB, IIVI, IPHI, LITE, LRCX, MKSI, MODN, MPWR, MXL, NOVA, NUAN, NVDA, NVMI, OSPN, PANW,
Technology stocks dominated our list of highs today with 38 out of the 154 total stocks that reached their high coming from the Technology sector. The Technology industry is up 2.39% so far Monday while the S&P 500 is up 0.83%. Technology continues to outperform the rest of the market with it thoroughly outpacing the S&P 500 today. AAPL is obviously the biggest company that hits it high on Monday with NVDA also reaching that mark today. It appears that AMD's recent surge in price hasn't stopped NVDA from performing well as AMD mainly is benefiting off its CPU market with Intel stock hurting recently after delaying their advanced chips until 2021/2022.
Healthcare: GRTS, INGN, NTUS, SOLY,
The Healthcare sector makes up the majority of our 52-week lows, as 4 out of our 14 52-week lows comes to us from the Healthcare sector. The Healthcare sector is up 1.21% so far Monday while the S&P 500 is up 0.83% Healthcare overall has actually performed quite well so far Monday as it is outperforming the market but has had some stocks hit their lows. The healthcare sector has performed well since the outbreak as many investors moved assets into the sector while speculating on which stocks would benefit the most from the demand for a vaccine and all forms of treatment to combat the virus. While that trend has slowed recently, they continue to remain profitable investments in a volatile market.
