Momentum Wrap – Cisco, Xerox and JP Morgan Make New 52-week Highs

on March 6 | in Daily Update | by

new highs March 6

New Highs

46 new all-time highs among stocks that gained 1% or more: AEGR OILT GRA EVER DXPE SAAS NEO SBH CHTR EOPN FIVE BKW

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

  • The same groups continue to lead: Scientific and Technical instruments ($XXIA, $BMI, $FLDM) and staffing agencies ($BBSI $TBI) made new highs
  • Fast food stocks are still hot: $PZZA and $BKW cleared new all-time highs; Even, the elephant in the group, Mcdonalds ($MCD) is setting up
  • ┬áNotable breakouts in regional banks: $STT $TFSL $CFNL…The big dog $JPM also cleared new 52wk highs. Financial in general outperformed.
  • Old tech, Xerox ($XRX) and Cisco Systems ($CSCO) reached new 52-week highs for the first time since 2010

StockTwits 50 Highlights

related posts