American Express (AXP) has shot up the rankings in the SIA S&P 100 recently, jumping 45 positions in the last month. After climbing 7 spots on Friday, American Express has returned to the Green Favored Zone for the first time since May, and it is currently in 22nd place.
Constellation Software Inc. (CSU.TO) recently moved back into the Green Favored Zone of the S&P/TSX 60 Index 2 days ago ending a one year absence as the shares resided in either the Yellow Neutral or the Red Unfavored Zone since January of last year. Currently, the shares occupy the #12 spot in the S&P/TSX 60 Index, up 8 spots in the last week and 26 spots in the last quarter.
Semiconductor equipment producer Lam Research (LRCX) continues to steadily work its way up the rankings in the SIA NASDAQ 100 Index Report with a recent upswing carrying the shares back up into the Green Favored Zone for the first time since October.
NXP Semiconductors (NXPI) struggled relative to other members of the SIA NASDAQ 100 Index report through the second half of 2022. This year, it has caught fire and soared up the relative strength rankings, returning to the Green Favored Zone for the first time since June.
Automotive components producer BorgWarner (BWA) has been steadily climbing back up the rankings in the SIA S&P 500 Index Report from deep in the red zone back up into the Green Favored Zone for the first time since October of 2020. Yesterday, BWA climbed another 8 spots to 99th place and it is up 91 positions in the last month.
Online travel site Booking Holdings (BKNG) spent over four years stuck bouncing around between the red and yellow zones in the SIA S&P 100 Index Report. The shares started to move back up the rankings in the second half of last year, but it has been since the start of 2023 that its move up the rankings has really accelerated.
Recent trading action in Warner Bros Discovery (WBD) shares suggests that investors may be starting to look past all of the merger integration issues that have dominated the headlines and depressed the stock on both an absolute and relative basis through 2022. WBD joined the SIA NASDAQ 100 Index Report in December and this month it has shot up the rankings moving from deep in the red zone to the Green Favored Zone. Yesterday, WBD finished in 22nd spot, up 77 places in the last month.
Shopify (SHOP.TO) has soared back up the rankings in the SIA S&P/TSX 60 Index Report this week, quickly returning to the Green Favored Zone from a dip down into the red zone. Yesterday, Shopify claimed top spot after moving up 5 positions capping off an incredible rise from 44th place last Friday.
Graphics chipmaker Nvidia (NVDA) has rocketed back up the rankings in the SIA S&P 100 Index Report blasting up out of the red zone where it had been stuck for 8 months, and up into the Green Favored Zone for the first time since April. Yesterday, Nvidia climbed another 2 spots to 12th place and it is up 39 positions in the last month.
Still basking in the glow of strong subscriber numbers announced last week, Netflix (NLFX) has just returned to the Green Favored Zone of the SIA S&P 100 Index Report for the first time since August of 2020. The shares started to climb up from the bottom of the red zone last summer but have really rocketed back up the rankings since the beginning of this year. Yesterday, NFLX finished in 20th place, up 7 spots on the day and up 33 positions in the last month.
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