Written by Dreamer
On May 13, 2024, the U.S. stock markets showed a mixed closing with slight variations in major indices.
- S&P 500: Closed at 5,221.42, down 1.26 points or -0.02%.
- Dow 30: Closed at 39,431.51, down 81.33 points or -0.21%.
- Nasdaq: Closed at 16,388.24, up 47.37 points or 0.29%.
- Russell 2000: Closed at 2,062.12, up 2.35 points or 0.11%.
The Nasdaq showed resilience, posting a modest gain, while the S&P 500 and Dow 30 experienced slight declines. The Russell 2000 also recorded a minor increase. Today’s trading reflects a cautious optimism among investors, likely influenced by recent economic or geopolitical developments. This cautious stance precedes key reports on wholesale price inflation and the consumer price index for April, which are expected to significantly influence future market trends.
Contents:
- Stock Performance Overview
- Market Cap Category Distribution
- Sector-Wise
- Top 10 Traded Consumer Discretionary Stocks
- Top 10 Traded Energy Stocks
- Top 10 Traded Technology Stocks
Insights:
Stock Performance Overview:
Stock performance overview is as below:
- Gainers: 3441 stocks experienced an increase in their stock prices.
- Losers: 3199 stocks saw a decrease in their stock prices.
- Unchanged: 504 stocks remained unchanged in their stock prices.
This distribution reflects a closely contested trading day with a slight edge to the gainers, suggesting a cautiously optimistic market sentiment.
Market Cap Category Distribution:
The market cap breakdown of companies is as below:
- Micro Cap: These smallest companies form nearly half the market, representing 49%.
- Small Cap: Almost a quarter of the companies are small caps, accounting for 23%.
- Mid Cap: Medium-sized companies make up a significant portion, with 16%.
- Large Cap: Larger companies constitute just over a tenth of the market, at 11%.
- Mega Cap: The largest companies, or Mega Caps, are rare, making up only 1%.
This distribution highlights the prevalence of smaller companies in the market, suggesting a diverse and broad ecosystem where smaller players hold a significant presence alongside a few large entities.
Sector-Wise:
Summary of the average trading volume per sector is as below:
- Consumer Discretionary: Leads with the highest trading volume.
- Energy and Technology: These sectors show substantial trading activity, closely following Consumer Discretionary.
- Finance: Has relatively lower trading volumes compared to other sectors.
- Unknown: Registers the lowest trading volume, indicating minimal trading activity.
Top 10 Traded Consumer Discretionary Stocks:
- Leader: *AMC leads with the highest trade volume, significantly higher than the rest.
- Following Closely: FFIE has substantial volumes but significantly less than AMC.
- Bottom of the List: AAL has the lowest trading volume among the top 10.
AMC Entertainment Holdings, Inc. (AMC) operates the most extensive cinema chain worldwide, offering a diverse movie-going experience.
Top 10 Traded Energy Stocks:
- Leader: *FCEL stands out with the highest trading volume in the sector.
- Following Closely: PLUG follows with a strong trading volume but still less than FCEL.
- Bottom of the List: SWN has the lowest trading volume among the stocks.
FuelCell Energy, Inc. (FCEL) designs, manufactures, operates, and services ultra-clean, efficient, and reliable fuel cell power plants.
Top 10 Traded Technology Stocks:
- Leader: *CCLD dominates with the highest trading volume in the sector.
- Following Closely: AAPL shows strong trading volumes, but less than CCLD.
- Bottom of the List: AMD is at the lower end in terms of trading volume among the stocks.
Cloudflare, Inc. (CCLD) provides content delivery network services, internet security, distributed denial-of-service (DDoS) mitigation, and distributed domain name server services. The company is essential in enhancing internet performance and security for businesses globally.
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