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.
Consumer lending company Visa (V) has increasingly been making its way up the rankings in the SIA S&P 100 Index Report since the start of this year, exiting the red zone and returning to the Green Favored Zone for the first time since September of 2020.
Since returning to the S&P 500 Index Report back in October, utility Pacific Gas & Electric (PCG) has consistently been in the Green Favored Zone. Over that time, the shares have returned 34.5%.
BC coal port operator Westshore Terminals (WTE.TO) has been climbing up the rankings in the SIA S&P/TSX Composite Index Report since bottoming out in the red zone back in December. In March, it returned to the Green Favored Zone for the first time since September and it has remained there since.
Specialty retailer Canadian Tire (CTC.A.TO) has rapidly risen up the rankings in the SIA S&P/TSX Composite Index Report recently. CTC.A.TO has run up from deep in the red zone to the top of the Yellow Neutral Zone and is two spots away from returning to the Green Favored Zone for the first time since June of 2021. Canadian Tire currently sits in 61st position, up 5 spots on the day and up 32 places in the last month.
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