Momentum Wrap – Goldman Sachs, Refiners and Airlines Hit New 52-week Highs

on January 16 | in Daily Update | by

new highs Jan 16

New Highs

24 new all-time highs among stocks that gained 1% or more: PRLB STZ CG DK SUSS EOPN FRC ACHC VMED

63 stocks reached new 52-week highs while appreciating 1%+. Some of the notable movers include:

  • Refiners ($DK, $VLO, $WNR), Airlines ($CPA, $LOV, $DAL) and Financials ($GS $FRC $JPM))  are still leading the market and hitting new 52-week highs. This is not really news; just a continuation of what has been happening in the past month or so.
  • Other notable breakouts include: $PRLB (3D printing), $VIP (wireless communications), $HOTT (apparel stores)

StockTwits 50 Notables

  • Semiconductor stocks stood out. $NXPI broke out to new 52-week high. $KLIC gained 2.5%.
  • Two of the biggest winners of the past two weeks – $RNF and $XXIA, are pulling back
  • $EBAY beat the estimates by a bit; market reaction has been very timid: between -1% and +1% in the after-hours.

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