2018 has seen rises each day so far...
The New Year continues the winning streak for the US major indices. The S&P, Nasdaq and Dow are all higher on the day, all would be record closes (if gains are maintained) and each are moving back toward highs for the day.
- The S&P indexes at 2733 up 9.0 points or 0.33%
- the NASDAQ composite index is up 41.25 points or 0.58% at 7119.12
- the Dow industrial average is up 76.82 points or 0.31% at 25151.07
Some overachieving stocks today include:
- Apple of 1.12%
- Microsoft up 1%
- alphabet of 1.36%
- Alibaba up 0.9%
- Intuit up 1.32%
- Boeing up 1.22%
- Intel is recovering today and up 0.70%
- MasterCard is up 1.12%
- Broadcom is up 1.2%
- Cisco is up 1.26%
Underachievers include:
- Citigroup -0.34%
- J.P. Morgan -0.65%
- Nvidia -0.74%
- Deutsche Bank -5.31%
- Tesla -0.5%
- Celgene -1.66%
- Gilead -0.88%
- Goldman Sachs -0.92%
- Disney -0.33%
- micron -2.22%
- AMD -3.55%
So although higher, there are a number of stocks that are not participating as rotation occurs.