Microsoft* (MSFT) continues to work its way up the rankings in the SIA NASDAQ 100 Index Report. Continuing an upward trend that started in the red zone in January, MSFT has now reached its highest rank in over a year. Since returning to the Green Favored Zone about a month ago, the shares are up 5.2%.
Electronics manufacturer Celestica (CLS.TO) has been sliding back down the rankings in the SIA S&P/TSX Composite Index Report for about a month now. Yesterday, it dropped back down into the Yellow Neutral Zone for the first time since October.
Orthodontic device producer Align Technology has soared up the rankings in the SIA NASDAQ 100 Index Report this year. After spending most of 2022 stuck near the bottom of the red zone, SIA returned to the Green Favored Zone in January for the first time since October of 2021.
Drugmaker Eli Lilly (LLY) returned to the Green Favored Zone of the S&P 500 earlier this month from a dip down into the yellow zone, and since then, it has gained 8.6%. LLY finished Friday in 12th position, up 5 spots on the day and up 15 places in the last month.
Visa (V) has slowly been working its way back up the relative strength rankings in the SIA S&P 100 Index Report since January of 2022. Gains accelerated earlier this year, particularly since it exited the red zone back in January. Yesterday it returned to the Green Favored Zone for the first time since September of 2020.
Intuitive Surgical (ISRG) jumped 10.9% yesterday after the release of a positive earnings report that indicted demand for its robotic surgery and diagnostic services is bouncing back post-pandemic. The shares jumped 37 positions in one day in the SIA NASDAQ 100 Index Report, jumping directly from the red zone back into the Green Favored Zone for the first time since January.
Defense contractor Raytheon Technologies (RTX) has been steadily climbing up the rankings in the SIA S&P 100 Index Report since February. Bouncing back from a dip into the yellow zone, RTX returned to the Green Favored Zone in March and is up 9.1% since then. RTX ix currently sitting in 15th position after climbing another 2 spots yesterday.
The last time we looked at Booking Holdings Inc (BKNG) was in the January 30th edition of the Daily Stock Report when the shares had just entered the Favored Zone a few weeks prior in the SIA S&P 100 Index report at a price $2296.45. Today we see the shares have continued to remain in the Favored Zone with a closing price of $2676.05 which now translates to a 16.5% price appreciation since the middle of January. Currently the shares occupy the #3 spot in the S&P 100 Index, up 23 spots in the last quarter.
Barrick Gold (ABX.TO) has returned to the Green Favored Zone of the SIA S&P/TSX 60 Index Report from a winter dip down into the red zone. Currently, it is sitting in the 14th position, up 9 spots in the last month.
The last time we looked at General Electric (GE) was in the January 6th edition of the Daily Stock Report when the shares had just entered the Favored Zone a few days prior in the SIA S&P 100 Index report at a price $70.20. Today we see the shares have continued to remain in the Favored Zone with a closing price of $94.30 which now translates to a 34.3% price appreciation since the beginning of January. Currently the shares occupy the #2 spot in the S&P 100 Index, up 7 spots in the last quarter.
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