The Flow of the Stock Market in the Second Week of September
The ebb and flow of the stock market can’t always be predicted, so it is important to keep in touch and observe closely the events happening each day and each week. While stock market trading software ensures efficient trading of stocks online, analyst opinions are important to make the right trading decisions. Let’s see how the past week went by.
The top gainers in the second week of September were Wins Fin Holdings Inc ($WINS), Fibrocell Science Inc ($FCSC), Francesca’s Holdings Corp ($FRAN) and Vince Holding Corp ($VNCE).
- $WINS had a 104.64% growth to $16.98, and was classified a Buy on Trading View. $FCSC experienced a 59.56% rise to $2.92 and was rated a Strong Buy. $FRAN was categorized a Buy after it soared 28.47% to $18.14. $VNCE is a Strong Buy following its 24.28% growth to touch $14.28.
- In the S&P 500, Cimarex Energy Co ($XEC) soared 8.21% to hit $47.95. Pioneer Natural Resources Company ($PXD) grew 3.90% to $135.43. Freeport-McMoRan Inc ($FCX) had a 3.76% growth to $10.76. DuPont de Nemeurs Inc ($DD) grew 3.16% to $73.54.
Blue Capital Reinsurance Holdings Ltd ($BCRH), Alpine Immune Sciences Inc ($ALPN), McClatchy Co ($MNI) and Ardelyx Inc ($ARDX) were the top losers.
- $BCRH was given a Sell rating on Trading View after it dropped 20.67% to $7.10. $ALPN is a Strong Sell, having dropped 19.50% to $3.84. $MNI was categorized a Buy despite its 18.15% drop to $2.57. $ARDX dropped 15.45% but is a Buy.
- In the S&P 500, Progressive Corp ($PGR) had a 5.59% drop to $72.68. Altria Group Inc ($MO) dropped 5.51% to $42.01. Iron Mountain Inc ($IRM) had a 4.66% drop to $32.55. CenturyLink Inc ($CTL) also dropped 4.66% to $12.90.
As the stock market keeps meandering its way through the month of September, the US-China trade war has the potential to exert a significant influence on many stocks. But President Trump has indicated that there is the hope of a trade deal, at least temporarily. With the right online stock broker, you’ll get into the trading groove easier.
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