SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 283.56-1.7%Nov 17 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Donald Wennerstrom
From: Return to Sender1/18/2015 2:51:40 PM
1 Recommendation   of 95427
 
% from 52-Week Highs

Friday, January 16, 2015 at 11:52AM
Below is a look at the average percentage that stocks in the S&P 1500 (which includes large, mid and smallcaps) are from their respective 52-week highs by sector. In the S&P 1500 as a whole, stocks are currently down an average of 15.71% from their 52-week high. In the Energy sector, the average decline is a whopping 45.56%. The Materials sector is the second worst at -21.65%, followed by Industrials at -16.53%. Utilities stocks are the closest to their 52-week highs, which isn't surprising given their massive run in 2014 and their outperformance so far this year as well.

While we're still in a bull market, these numbers show that from an unweighted perspective across all market caps, things are not quite as rosy as you might think.

We'll be expanding on this analysis in our weekly Bespoke Report newsletter due out this evening. Sign up for a 5-day free trial to any of our subscription services to access the report later today.



bespokeinvest.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext