I used a simple stock screener from Finviz.com to find stocks near 52-week Highs and 52-Week lows.
Sectors/Industries in the Highs list:
REITs: Real Estate Investment Trusts.
Electric/Gas/Water Utilities.
Processed and Packaged Foods.
Restaurants.
Cigarettes.
Big Cap Tech: FB, GOOGL, MSFT
Sectors/Industries in the Lows list:
Biotech.
Foreign Regional Banks.
Independent Oil and Gas.
Industrial Metals and Minerals.
Small Cap Tech.
Oil/Gas Drilling/Exploration.
Oil and Gas Pipelines.
Railroads.
Food, water, shelter….Facebook and cigarettes are undeniably killing it.
Many biotech names are deflating, anything oil-related is hurting, and foreign currencies are slumping relative to the USD.
Will these trends continue? I cannot say, but the numbers don't lie, the trends are in.
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