Market Overview

Top Narrow Based Indexes For August 9 (SKY, MED, JKS)

At 2:49 pm, the Dow gained 0.57% to 10,714.34, the broader Standard & Poor's 500 index moved up 0.64% to 1,128.80 and the NASDAQ composite index added 0.86% to 2,308.17.

Some of the narrow based indexes supporting the markets are Homebuilder Stocks, which have gained 4.0%, Fitness and Dieting Stocks, up 4.0%, and Chinese Solar Stocks, moving 3.3% higher as a group.

In Tickerspy's Homebuilder complex, Skyline Corporation (NYSE: SKY) had surged 8.60%. SKY ranks at the top in terms of dividend yield in the Homebuilders segment.

The best performing Tickerspy Fitness and Dieting stock has been Medifast Inc (NYSE: MED), which was up 4.91%. MED had recently reported an 85% rise in its Q2 earnings.

JinkoSolar Holding Company (NYSE: JKS) is today’s leading Tickerspy's Chinese Solar stock, gaining 9.14%. JKS is one of the three Chinese stocks that continue to climb despite recent sell-off in the market .

Read more from Benzinga's Markets.

Tags: top Narrow Based Indexes

Posted in: Long Ideas, News, Intraday Update, Markets, Movers, Trading Ideas

 

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