First Republic, International Flavors & Fragrances, Hewlett Packard Enterprise, Comerica and Keycorp were the five biggest S&P 500 index gainers on the stock market today. Carnival Corp., wireless tower REIT American Tower, Google-parent Alphabet, On Semiconductor and Norwegian Cruise Line were the S&P 500's biggest losers on Monday.
S&P 500 Winners
First Republic stock bounced 11.8% to 13.82, but after getting as high as 16.38 intraday. FRC stock is still down 89% in March. Shares bounced amid a general revival in bank stocks as well as First Citizens Bancshares buying the bulk of Silicon Valley Bank. Regulators also are mulling expanding liquidity programs broadly, but with an eye to aiding First Republic.
IFF stock jumped 6.35% to 89.62, back above a falling 21-day line but well below the 50-day and 200-day averages. International Flavors & Fragrances reaffirmed Q1 guidance early Monday.
HPE stock leapt 5.5% to 15.01, rebounding back above the 200-day and 21-day lines. Shares of the tech giant are still below the 50-day line.
CMA stock popped 5.,4% to 42.58, as the superregional bank tries to find its footing.
KEY stock advanced 5.3% to 12.49, as the parent of superregional KeyBank also looks to rebound.
Time The Market With IBD's ETF Market Strategy
S&P 500 Losers
CCL stock fell 4.8% to 8.79, after hitting resistance near the 200-day moving average. Carnival reported better-than-expected fiscal first-quarter results early Monday, but the cruise line operator gave downbeat guidance for Q2 and the full fiscal year.
AMT stock fell 3.2% to 193.15, after rebounding 4.2% on Friday.
Google stock declined 2.8% to 102.46. Shares appear to be forming a handle just above the 200-day line on a cup-shaped bottoming base. The current buy point is 108.28 but is on track to be 106.69 after Tuesday's close.
ON stock sank 2.75% to 75.67, undercutting the 50-day line for the first time in over two months while setting its lowest close since Jan.31. On Semiconductor stock has an 87.65 buy point but could have an early entry at 82.97.
NCLH stock slid 2.6% to 12.22, hitting its worst level since Jan. 5, falling in response to Carnival's guidance.
Please follow Ed Carson on Twitter at @IBD_ECarson for stock market updates and more.
