BUZZ-U.S. stocks: What's hot, what's not

Mon Mar 16, 2015 12:55pm EDT
 
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** Outperformance of healthcare & financials spills over into this week as S&P 500 attempts a recovery after 3 straight weeks of losses Chart: link.reuters.com/dys34w

** String of misses on economic indicators, rush of funds out of U.S. & into Europe where QE has just begun and anemic inflation in the US have seen indices struggle for traction

** U.S. banks, laggards last year, pass Fed's stress tests without major complications helping the KBW Banks extend its outperformance vs the S&P 500

** Utilities continue downward spiral, down 8 pct YTD, and REITs backpedal as Fed rate policy debate weighs

** Healthcare merger mania continues as large biotech buys from Pfizer, Actavis, AbbVie and Valeant dominate headlines; Nasdaq biotech index up 14 pct YTD

** Walt Disney at life-time high and up 13 pct YTD keeps consumer discretionary flag flying

** Intel's $1 bln 1Q 2015 revenue estimate cut due to PC demand weakness sparks broad tech selloff; traders see investors take profits in semiconductor high flyers Avago, Microchip and Micron

** Energy worst performer MTD as crude prices plunge to fresh six-year lows; Exxon Mobil, Chevron Corp and ConocoPhillips shed more than $30 bln of combined market cap. Chart: link.reuters.com/fys34w (Messaging: lance.tupper.thomsonreuters.com@reuters.net)