Category: Daily Stock Report

For the last six months, athletic clothing producer and retailer Lululemon Athletica (LULU) has been trending upward within the SIA NASDAQ 100 Index Report Since returning to the Green Favored Zone in September, LULU is up 7.2%. On Black Friday, it moved up 2 positions to 18th place and it is up 9 spots in the last month.

Heavy equipment producer Caterpillar (CAT) returned to the Green Favored Zone in the SIA S&P 100 Index Report yesterday for the first time since June. A summer drop into the red zone bottomed out between July and September. This month, CAT’s relative strength has improved with a climb back up the rankings accelerating. Yesterday it finished in 21st place, up 5 spots on the day and up 47 positions in the last month.

Google parent Alphabet (GOOG) dropped 9.6% yesterday after reporting disappointing earnings. This selloff accelerated a downward trend which had already been in place for the stock within the SIA S&P 100 Index Report, taking it deeper into the Red Unfavored Zone. Yesterday, GOOG finished in 71st place, down 15 positions on the day and down 8 spots in the last month.

Since bottoming out deep in the red zone of the SIA S&P/TSX Composite Index Report back in June, Uranium and Vanadium producer Energy Fuels has been steadily climbing up the relative strength rankings, shrugging off a couple of downdrafts and driving toward the top of the Green Favored Zone. Yesterday, Energy Fuels climbed 9 spots to 16th place and it is up 102 positions in the last month.

One sector which has had particularly positive earnings this quarter, in terms of both results and guidance, has been US airlines. United Airlines (UAL) has been soaring back up the rankings in the SIA S&P 500 Index Report in the last week on anticipation and then in response to last week’s strong numbers. UAL which spent most of the last year in the red zone, has rocketed up to the top of the Yellow Neutral Zone in recent days. United Airlines is currently sitting in 128th position two spots outside the green zone, after moving up 31 spots in one day and 230 places in the last month.

Since bottoming out near the bottom of the red zone back in the summer, copper miner First Quantum Minerals has been working its way back up the rankings in the SIA S&P/TSX 60 Index Report. On Friday it returned to the Green Favored Zone for the first time since June after jumping 12 spots on the day and 36 positions in the last month to 13th place.

Beverage producer Primo Water (PRMW.TO) has been climbing back up the rankings in the SIA S&P/TSX Composite Index Report. After a couple of false starts over the years, the shares snapped out of a relative strength downtrend and after consistently rising in the rankings since August, has returned to the Green Favored Zone for the first time since the summer of 2020. Yesterday, PRMW.TO finished in 57th place, up 3 spots on the day and up 62 positions in the last month.

Oil producer Canadian Natural Resources (CNQ.TO) continues to climb back up the rankings in the SIA S&P/TSX 60 Index Report. Bouncing back from a summer slide, CNQ.TO returned to the Green Favored Zone in August. Yesterday it finished in 6th place, up 6 positions on the day and up 23 spots in the last month.

Netflix’s relative strength has started to improve lately. It dropped out of the green zone in the SIA S&P 100 Index report back in August of 2020 and has spend most of the last two years stuck in the red zone. In August of this year, it climbed back up into the Yellow Neutral Zone and may potentially increase relative strength today based on premarket action.

Discount retailer TJX Companies (TJX) who operates the Winners, Marshalls, and HomeSense chains, had been weakening within the SIA S&P 500 Index Report for two years, but since April, it has completely turned around. For the last six months, TJX has been strengthening relative to other big cap companies and yesterday it returned to the Favored Zone for the first time since March of 2020. Currently, TJX is sitting in 122nd place, up 7 spots yesterday and up 54 positions in the last month.