Driverless Transportation

For the third straight week, the Driverless Transportation (D20) Stock Index outpaced both the Dow Jones Industrial Average and the S&P 500 Index by gaining 1.3 percent and finishing at 156.19. The Dow added 0.8 percent to end the week at 12215.97 while the S&P 500 finished at 2033.11 up 0.9 percent. For the D20 this week gainers outnumbered losers 13 to seven.

After a one week reprieve, Volkswagen (VLKPY) returned to the losing side, dropping 4.6 percent and ending the week at $23.07. Volkswagen’s credit rating dropped and management shake-ups surfaced as the emissions scandal continues to plague the company.

The price of crude oil has been rising in the last month and a half and that has been a boon to BYD Co. (BYDDY), the Chinese electric vehicle and battery manufacturer. BYD had its sixth consecutive weekly advance and closed Friday up 10.7 percent. Between September 4 and October 16 BYD rose from $7.70 to $12.45 a share, a 62 percent increase. NVIDIA Corp. (NVDA) also rose consistently during that time, ending last week up 6.9 percent to finish at $27.86.

Visit the Driverless Transportation D20 Stock Index page to learn more about it and its component stocks.