Momentum Wrap – Michael Kors Is Gaining Momentum

on January 14 | in Daily Update | by

new highs Jan 14

New Highs

29 new all-time highs among stocks that gained 1% or more. Some of the biggest gainers:FLO PERI TROV DK CPA RNF AMZN BOFI

91 stocks reached new 52-week highs while appreciating 1% or more today. Some of the notable movers include:

  • Foreign and domestic regional banks have been on fire lately: $BSMX and $CIB cleared new all-time highs
  • Semiconductors are showing relative strength – $IPGP, $NXPI, $KLIC are consolidating near 52-week highs
  • Other notable technical breakouts: $CLSN (biotech), $BKD (long-term care facilities),

StockTwits 50 Notables

  • After getting trashed as a group at the beginning of the year, retailers are slowly recovering one by one. $KORS is back above its 50dma and not too far from another all-time high. $AMZN and $EBAY are also trading near multi-year highs.
  • $HDB followed through on its bounce from its 50dma

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