During Monday’s trading, 34 stocks traded to 52-week highs, while 53 stocks made new 52-week lows. The S&P 500 is up 2.65% so far today, while the Dow is up 1.86%, the Nasdaq is up 3.43% and the Russell 2000 is up 3.1%.
Shares rose Monday after a rally that ended last week when the S&P 500 hit technical support levels. Bank of America (BAC) shares surged over 6% after financial institutions’ earnings and revenue surged. Meanwhile, Bank of America recently found that it takes a developed economy an average of 10 years to get back to 2% inflation once the 5% mark is crossed.
financial services Stocks dominated our list of highs today, with 17 of the 34 stocks that made the high being in the financial services sector. The financial services sector is outperforming the market and is up 2.73% so far on the day. Over the last month, the financial services sector has outperformed the market, up 4.31% while the S&P is down 5.53%.
Financial stocks made the highest highs on Monday after beating a string of earnings results on Friday along with Bank of America (BAC) and Charles Schwab (SCHW) gains this morning.
financial services: APGB, BANR, CFR, CONX, CRU, CVII, DCRD, EPHY, FCAX, FVIV, HIII, HTBK, IBOC, MIT, PNTM, PV, RGA
Healthcare accounts for the majority of our 52-week lows, as 21 of our 53 lows come from healthcare. The healthcare sector is lagging the market today, up 1.94% so far on the day. Over the past month, the healthcare sector has outperformed the market, falling 0.11% while the S&P is down 5.53%.
Health care stocks made the most lows on Monday, although the sector was roughly flat in the last month of trading while the broader market is down over 5% over the period.
healthcare: AKBA, AMPE, ATNX, BDTX, BLI, BYSI, ENDPQ, FBIO, MEIP, NGM, NMTR, PRAX, QTNT, RARE, SNCE, STXS, TALK, TNYA, TVTX, VSTM, VTGN
The following stocks traded at 52-week highs:
APGB, AVEO, BANR, CCXI, CFR, CONX, CRU, CVII, CYBE, DCRD, ELF, EPHY, FCAX, FSNB, FVIV, HIII, HTBK, IBOC, INSW, IRDM, ISEE, BOWL, LFG, LRN, MIT, NSTC, PNTM, PV, RFP, RGA, RKTA, STNG, WVE, WWE
The following stocks traded at 52-week lows:
AKBA, AMPE, APPH, AQB, ARQQ, ATNX, BDTX, BLI, BYSI, QNGY, RUM, CURO, EBON, PGY, ENDPQ, ENJYQ, ENPC, FBIO, FOXA, FUV, GDOT, GOCO, POL, GREE, JOAN, KULR, LIDR, LYLT, MEIP, MVST, NAK, NGM, NMTR, NVVE, OPEN, PRAX, PRCH, QTNT, RARE, SFT, SMSI, SNCE, STXS, TALK, TBLA, TNYA, TPIC, TVTX, VNTR, VRM, VSTM, VTGN, XELA
High and low stripes
The following stocks are trading at 52-week highs for the third straight day:
AVEO, CVII, CYBE, FVIV, INSW, PNTM
The following stock has traded at a 52-week high for five or more consecutive days:
The following stock is trading at a 52-week low for the third straight day: