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

Mon Mar 16, 2015 12:55pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

** Outperformance of healthcare & financials spills over into this week as S&P 500 attempts a recovery after 3 straight weeks of losses Chart:

** 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: (Messaging: