Energy producers have started the new year in decline along with energy commodity prices. Peyto Exploration (PEY.TO), for example, started to slide in the rankings of the SIA S&P/TSX Composite Index Report a couple of weeks ago.
Energy producers have started the new year in decline along with energy commodity prices. Peyto Exploration (PEY.TO), for example, started to slide in the rankings of the SIA S&P/TSX Composite Index Report a couple of weeks ago.
Defense contractor Raytheon Technologies (RTX) has been steadily climbing back up the rankings in the SIA S&P 100 Index Report since October. On Friday, it returned to the Green Favored Zone for the first time in six weeks, and before that since August, finishing the year in 24th place, up 2 spots on the day and up 7 positions in the last month
With metal prices making a comeback in recent months, Labrador Iron Ore Royalty (LIF.TO) has been steadily climbing back up the rankings in the SIA S&P/TSX Composite Index Report, and this week, it has returned to the Green Favored Zone for the first time since March. LIF.TO finished yesterday in 58th position, up 43 places in the last month.
Apple Inc (AAPL) has steadily been sinking down the rankings in the SIA S&P 100 Index Report since peaking back in August.
Nvidia Corp’s (NVDA) relative strength recovery came to an abrupt end yesterday as the shares tumbled back down into the Unfavored Zone of the SIA S&P 100 Index Report, falling 35 spots to 86th place as the shares fell 7.1%.
Agnico Eagle Mines Ltd (AEM.TO) has re-entered the Favored Zone of the SIA S&P/TSX 60 Index Report yesterday moving up two spots to the 14th ranking
Charter Communications has fallen 9 spots in the SIA S&P 100 Index over the last month to sit in the 102 position (out of 103 names) at the bottom of the report.
Oracle Corp (ORCL) has moved into to the green Favored Zone in the SIA S&P 100 Index Report last week. It is currently ranked 22nd in the report having moved up 12 spots over the last month.
Enbridge Inc. (ENB.TO) has moved into the Red Unfavored zone in the SIA S&P/TSX 60 Index Report yesterday which it hasn’t been since January of this year. ENB.TO has dropped nine spots in the last month.
Base metal miner Teck Resources (TECK.B.TO) climbed 3 positions in the SIA S&P/TSX 60 Index Report to top spot on Friday and it is up 10 positions in the last month. Teck Resources has spent most of 2022 in the Green Favored Zone, except for a summer drop down into the red zone. Since returning to the Green Favored Zone, TECK.B.TO is up 16.5%.
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