Author: Celeste
In the week of 5/8, The $S&P 500 index(.SPX.US)$ was up 3.5% for the week to 2,929, with tech up 6.6% and consumer discretionary stocks up 4.4%. Tech stocks led the $NASDAQ COMPOSITE(.IXIC.US)$ to surge 6%, where it wiped out its losses for the year and turned positive. Within tech stocks, the semiconductor equip & materials industry became one of the best performing departments.
By filtering the trading volume, we can detect the most popular stocks investors traded last week:
$UBER TECHNOLOGIES INC(UBER.US)$ jumped on 5/7, after the company reported mixed quarterly results, where investors saw the possibility for the ride-sharing company to develop its business in food delivery service.
$NIO Inc.(NIO.US)$ has been on the buy list for the second week, as the company had signed a cooperation framework with the Hefei City for raising about 10 billion yuan, giving investors a large prospect on the 'Tesla of China'.
$Peloton Interactive Inc(PTON.US)$ is another hot stock that benefited from the 'work from home' trend, as people can't stop keeping fitness even though they can't go to gyms.
The sell list is interesting, as we can see, besides $Norwegian Cruise Line Holdings Ltd(NCLH.US)$ on the top, as the company said there's 'substantial doubt' about its ability to continue, the other three that had been sold off last week were airline stocks. Investors are following Warren Buffet's steps, seeing a gloomy future for international traveling.
Stocks at 52-week high (market cap>1B):
GLUU, BILL, YMAB, IPHI, MRNA, PDD, RGR, CGRN, ATRC, CHGG, TWST, WIX, W, ETSY, TWLO, TW, DDOG, BDTX, BIPC, WMK, TREX, ZTO, IRTC, MPWR, HAIN, STMP, SFM, RDY, EVBG, AUY, WING, FSLY, SE, HZNP, KNSL, LOGI, SMG, TECH, OSUR, GMAB, RNG, CENT, FAST, SPT, OTIS, EBAY, RP, MELI, ROL, PZZA, CTLT, FTNT, PODD, FLWS, WST, BAND, AEM, ACIA, RGLD, DXCM, NTRA, OKTA, JKHY, NOW, FNV, DOCU, TEAM, IDXX, AVLR.
Stocks at 52-week low (market cap>1B):
CIG.C