Category: Daily Stock Report

Investment bank Morgan Stanley (MS) has been steadily sliding down the rankings in the SIA S&P 100 Report since February. MS dropped out of the green zone in March, and spent the summer hanging around the red/yellow zone boundary.
In recent weeks, the shares have dropped deeper into the Red Unfavored Zone. In the last month, MS has lost 15.6% and fallen 15 spots in the rankings to 70th position. Yesterday alone, Morgan Stanley lost 6.8% as investors were disappointed by the company’s latest earnings report.

A big rebound in the price of gold over the last week amid rising geopolitical tensions has ignited renewed interest in gold producing stocks. In the SIA S&P/TSX Composite Index Report, Kinross Gold* (K.TO) is currently the highest ranked gold producer, sitting in 24th place.
Kinross has climbed 7 spots yesterday, 19 spots in the last week, and 47 spots in the last month, and its 10.7% return over the last week is the third best in the S&P/TSX Comp Index report.

NFLX has fallen in the rankings within the SIA S&P 100 Index Report, dropping 45 spots over the last quarter, including a fall of 28 positions in the last month to 53rd place, exiting the green zone and sliding back down into the Red Unfavored Zone for the first time since May.

Responding positively to a better than expected earnings report, UnitedHealth Group (UNH) moved up 9 positions in the SIA S&P 100 Index Report to 25th place, returning to the Green Favored Zone for the first time since January. UNH had spend most of this year stuck in the red zone but has been moving up the rankings in recent weeks, climbing 36 spots in the last month.

McDonalds (MCD) has been sliding down the rankings in the SIA S&P 100 Index Report since July, exiting the green zone and falling through the yellow zone. After a drop of three places yesterday and 10 spots in the last month to 54th position, McDonalds has returned to the Red Unfavored Zone for the first time since April of 2022.

Biotech giant Amgen (AMGN) spent most of the first half of this year stuck in the red zone of the SIA S&P 100 Index Report. Since August, however, it has been steadily making its way back up the relative strength rankings. Yesterday, after jumping 11 positions to 25th place, capping off a gain of 26 places in the last month, Amgen returned to the Green Favored Zone for the first time since December of 2022.

Diamondback Energy has been steadily climbing up the rankings in the SIA S&P 500 Index Report since July, when it exited the red zone. In August it returned to the Green Favored Zone for the first time since May and it continues to work its way up the relative strength rankings with a gain of two spots yesterday.

Walmart Inc. (WMT) has moved into the Favored zone of the SIA S&P 100 Index Report on September 25th for the first time in 3 years. It has since moved up 5 spots over the last month and currently holds the 23rd spot in the rankings.

Shares of food and beverage producer PepsiCo (PEP) continue to drift downward heading into Tuesday’s earnings report. PEP exited the green zone of the SIA S&P 100 Index Report at the beginning of July and since then, the shares are down 12.5%. Yesterday, PEP dropped into the Red Unfavored Zone for the first time since March after falling another 6 spots to 56th place.

Significant variations in Apple’s (AAPL) relative strength across a number of reports in recent months highlights the importance of the SIA Rank feature in SIA Charts, which averages a stock’s ranking across several reports. For example, although Apple is still barely clinging to the Green Favored Zone in the SIA S&P 100 and SIA S&P 500 Index Reports, it has dropped into the Yellow Neutral Zone in the SIA NASDAQ 100 and SIA Russell 1000 Index Reports along with a number of technology sector reports giving it an overall SIA rank in the Yellow Neutral Zone.
Apple has been trending downward in the SIA NASDAQ 100 Index Report since July, and it is down 5.4% since exiting the green zone. Yesterday it finished in 47th position, down 7 spots in the last month.