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Oct. 23, 2020 - Industry groups are flat

Weekly Special Report Market Update

This week the industry groups are flat as they follow the same route as the general indices. 

Beware some of the stocks has not report their earnings for their last quarter; hence, may be volatile and even show negative trend after.

This week we start to follow this industry group.

Sector - Technology

Industry Group - Computer Software: Programming, Data Processing (Content)
GOOG ($1641.00), PINS ($53.00), SNAP ($43.17), TWTR ($50.44)

The social networking industry groups are making strong move upwards. It rose on strong weekly volume. 




Here is our history of the monitored industry group performance:
  • Jan. 11, 2019 to May 31, 2019 has an overall portfolio gain of 3.6%.
  • May 31, 2019 to Aug. 30, 2019 has an overall portfolio gain of 9.1%.
  • Aug. 30, 2019 to Oct. 25, 2019 has an overall portfolio loss of -3.4%.
  • Oct. 25, 2019 to Feb. 7, 2020 has an overall portfolio gain of 9.4%. 
  • Feb. 7, 2020 to Apr. 3, 2020 has an overall portfolio loss of -9.7%.
  • Apr. 3, 2020 Sep. 4, 2020 has an overall portfolio gain of 30.0%.
Since Jan. 11, 2019, the total compound gains is 40.2%.



The following industry groups are being monitored since Sep. 11, 2020. Since then, the industry groups has an overall gain of 1.6%. 

Sep. 11 Sep. 18 Sep. 25 Oct. 2 Oct. 9 Oct. 16 Oct. 23 Gain/Loss Industry Group performance
IBM 127.79 125.93 116.00 -9.23%
INFY 15.20 15.51 15.22 0.13%
CTSH 73.08 73.36 74.12 1.42%
WIT 5.40 5.01 5.04 -6.67%
-3.6%
GOOG 1641.00
SNAP 43.17
TWTR 50.44
PINS 53.00
VFC 70.03 72.13 70.54 72.53 77.61 75.82 74.83 6.85%
PVH 67.07 68.48 61.50 62.12 66.13 62.16 64.94 -3.18%
UA 9.90 10.06 9.82 10.54 10.97 11.30 12.74 28.69%
TPR 16.15 17.36 16.36 16.15 18.82 19.53 21.43 32.69%
16.3%
FLXS 24.44 22.80 24.11 28.87 26.47 26.30 7.61%
HNI 33.82 31.07 34.07 34.95 36.03 36.40 7.63%
MLHR 34.52 30.25 33.65 31.75 33.30 34.81 0.84%
SCS 12.34 9.71 11.49 11.48 12.16 12.06 -2.27%
3.5%
POOL 346.55 359.44 361.71 4.37%
HIBB 55.40 48.82 44.21 -20.20%
WINA 181.01 164.34 169.60 -6.30%
-7.4%
DOW 50.37 46.04 47.31 49.36 49.30 48.53 -3.65%
EMN 83.83 77.30 78.17 86.16 86.49 87.32 4.16%
MLHR 34.52 30.25 33.65 31.75 33.30 34.81 0.84%
TSE 28.56 25.09 26.60 29.43 30.52 34.44 20.59%
5.5%
ROK 244.28 249.03 243.10 -0.48%
AME 106.94 109.85 107.76 0.77%
GNRC 205.53 208.21 212.04 3.17%
FELE 62.64 63.78 63.24 0.96%
1.1%
SGEN 180.94 184.95 193.08 200.78 200.93 196.92 8.83%
BGNE 273.96 282.40 283.28 312.66 316.61 299.00 9.14%
HZNP 79.93 78.25 79.82 84.39 79.63 77.44 -3.12%
ALNY 132.26 138.31 135.68 147.00 145.40 131.84 -0.32%
3.6%
ARCH 52.90 46.54 44.79 40.27 37.02 37.34 -29.41%
CNX 11.37 10.38 9.30 10.63 10.13 11.40 0.26%
HCC 20.80 17.70 17.50 16.57 15.24 14.92 -28.27%
-19.1%
ENPH 90.43 109.18 110.84 103.33 14.27%
FSLR 67.24 78.81 84.18 85.37 26.96%
RUN 76.45 71.43 62.39 56.03 -26.71%
SEDG 251.58 305.35 302.02 282.88 12.44%
6.7%
SCHW 38.23 39.29 40.35 5.55%
LPLA 82.85 83.55 83.19 0.41%
HLI 63.49 64.35 63.44 -0.08%
MC 38.36 38.18 39.03 1.75%
  1.9%
1.6%






Sector - Technology

Industry Group - Technology - EDP Services (Tech Services)
IBM ($127.79), INFY ($15.20), CTSH ($73.08), WIT ($5.40)

This tech services industry group is getting close to a new high. It is currently rising on strong weekly volume. 

Industry Group - Computer Software: Programming, Data Processing (Content)
GOOG ($1641.00), PINS ($53.00), SNAP ($43.17), TWTR ($50.44)

The social networking industry groups are making strong move upwards. It rose on strong weekly volume. 





Sector - Retail

Industry Group - Consumer Services - Clothing/Shoe/Accessory Stores
VFC ($70.03), PVH ($67.07), UA ($9.90), TPR ($16.15)

This retail industry group suffered big drop due to covid. It is still 40% below 52 week highs. This group has shown technical strength in this last week. Perhaps due to back to school, people are shopping for kids cloths and shoes. Will this trend continue as we head into the busiest shopping season.

Industry Group - Consumer Consumer Durables - Office Equipment/Supplies/Services
FLXS ($24.44), HNI ($33.82), MLHR ($34.52), SCS ($12.34)

This retail industry group show incredible strength this week. It rebounds off its 10 weeks moving average.

Industry Group - Consumer Services - Other Specialty Stores (Leisure)
POOL ($346.55), HIBB ($55.40), WINA ($181.01)

This leisure store industry powered to all time high on strong weekly volume.





Sector - Industrial

Industry Group - Basic Industries - Major Chemicals: Plastics
DOW ($50.37)EMN ($83.83), MLHR ($34.52), TSE ($28.56)

This plastics industrial industry group continue to show strength above its 10 weeks moving average.

Industry Group - Consumer Durables - Metal Fabrications
ROK ($244.28)AME ($106.94), GNRC ($205.53), FELE ($62.64)

This electrical and power equipment industry group powered to all time high on strong weekly volume.





Sector - Health

Industry Group - Health Care - Major Pharmaceuticals
SGEN ($180.94), BGNE ($273.96), HZNP ($79.93), ALNY ($132.26)

This major pharmaceutical industry group show incredible strength this last two weeks as it not only rebound from its 40 weeks moving average but also sits above 10 weeks moving average.





Sector - Commodities

Industry Group - Energy - Coal Mining
ARCH ($52.90)CNX ($11.37), HCC ($20.80)

This coal mining industry group show incredible strength this last week.

Industry Group - Technology - Semiconductors (Solar)
ENPH ($90.43)FSLR ($67.24), RUN ($76.45), SEDG ($251.58)

This solar energy industry group is on a run this week. It powered up this week to a new high. One caveat is whether this group has been rallying too long since bottoming in April.




Sector - Financial

Industry Group - Finance - Investment Bankers/Brokers/Service
SCHW ($38.23)LPLA ($82.85), HLI ($63.49), MC ($38.36)

This broker service industry group powered to all time high on strong weekly volume.

  

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