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A Wow Week as All D20 Stocks Rise

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Wow. All 20 of the Driverless Transportation (D20) Stock Index component stocks were winners last week, sending the index up more than 3 percent to close Friday at 149.58. Now that’s a nice start to a three-day weekend.

The best percentage performer for the week was Blackberry (BBRY), gaining nearly 6.2 percent and closing Friday at 7.23. No substantive news but BBRY received huge press as Hillary Clinton’s favorite email device while Secretary of State. She used it for personal and official business, a wow of a no-no.

The big story, again, was Nvidia (NVDA). The stock of the graphic processing unit (GPU) chipmaker has more than doubled in value since last summer when the D20 was updated. NVDA closed last week at 45.90, up from 22.73 on August 28, 2015. Time to sell?

Another interesting story was Volkswagen (VLKPY). The auto OEM is reportedly close to finalizing a settlement of its diesel emissions scandal in the US, and it announced a $300 million investment in Tel Aviv based Gett, a ride-sharing app looking to expand in Europe.

Last week’s D20 performance topped the 2 percent rise in the Dow Industrials and 2.3 percent increase in the S&P 500 Index.

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

Volkswagen Deal Sends D20 Over 150

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The Driverless Transportation (D20) Stock Index jumped 1.4 percent this week, closing Friday at 150.31, its first close above the 150 mark since early January. Paced by 13 gainers and seven losers, the D20 easily beat the less than 1 percent rise notched by the Dow and the S&P 500.

Leading the D20 in price gained this week with a 13.4 percent leap, Volkswagen (VLKPY) announced it had settled with US regulators over its emission scandal. The settlement will punish Volkswagen dearly as some estimates put the total cost as high as $42 billion.

Swedish truck maker Volvo AB (VOLV-B) jumped 9.3 percent in price, almost crossing the SEK 100 barrier with a close at SEK 99.15. By losing $40.23 or 5.3 percent per share, Alphabet (GOOG), parent of Google, helped keep the D20 in check. Alphabet’s price dropped this week after its announced earnings and revenues fell short of analyst’s predictions.

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

Nvidia Drives D20 Stocks Up as GPU Tech Starts

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With 12 gainers, seven losers and one stock unchanged in price, the Driverless Transportation (D20) Stock Index rose 1.2 percent and closed the week at 147.85, not quite keeping pace with the Dow’s 1.6 percent rise or the S&P 500’s 1.8 percent upward move.

Valeo SA (VLEEY) was the D20’s biggest gainer last week, moving up $3.88 to $76.81, a gain of 5.3 percent.

With a price near its 52-week peak, Nvidia (NVDA) gained $1.67, or 4.8 percent, to $36.15. Nvidia is up close to 70 percent the past year as it executes well in its core market of PC gaming. Analysts say it must show that same strength in its declared growth markets of autos and data centers to keep up this lofty price. Nvidia’s GPU Tech Conference runs this week in San Jose, making the influential producer of graphics processing units the center of the tech world for a few days.

Weighing the D20 down this week were Renesas Electronics (TYO:6732), which closed at ¥702, a 5.8 percent weekly loss, and Volkswagen (VLKPY) which lost $1.14 to close at $24.59, a 4.4 percent drop. At one point rumor had it Volkswagen would cut its dividend to help it pay for costs arising from its emissions scandal.

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

D20 Index Hitting on All Cylinders

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With all of its 20 stocks increasing in price last week, the Driverless Transportation (D20) Stock Index was firing on all cylinders. It jumped nearly 7 percent, or 8.91 points, to close at 144.92. That made it the third consecutive week the D20 more than doubled the percentage increases delivered by the Dow and the S&P 500.

The rise in the price of crude oil sent the Dow up 2.2 percent to finish at 17,006.77, its first weekly close over 17,000 since January 1, 2016. The S&P 500 rose 2.7 percent to close just below 2000 at 1999.99.

Volkswagen (VLKPY), which had dropped to within 15 percent of its 52-week low, soared 17 percent last week to $26.45 as rumors circulated of progress towards an agreement with the EPA over “Diesel-gate.” There are also reports that sales have started to rebound. Auto parts giant Continental (CTTAY) rebounded nicely from its recent sell-off with a 10 percent gain to close last Friday at $43.68. The smallest gainer last week (there were no losers) was Google’s parent Alphabet (GOOG), which gained $5.82 a share to close at $710.89, up 0.8 percent.

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

The D20 Follows the Dow Down

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Driverless Transportation

In a down week for both the Dow and S&P 500 indexes, the Driverless Transportation (D20) Stock Index lost 4.2 percent of its value and ended the week below 160 at 156.74. The Dow lost 3.26 percent to finish at 17265.21 while the S&P 500 lost 3.79 percent, closing the week at 2012.37.

It was almost a total rout for the D20 with only one stock, Volkswagen (VLKPY), finishing with a higher price this week. Volkswagen got some good news with the announcement that a consortium of 13 banks has offered it loans totaling $30.6 billion to help the auto OEM weather “diesel-gate.” Volkswagen climbed 1 percent, ending the week at $28.20.

With 19 stocks firmly in the red, D20’s leading loser this week was Volvo (VOLVY). The Swedish truck manufacturer lost nearly 9 percent to close the week at $9.02. Following closely on Volvo’s heels were Magna (MGA), dropping 7.4 percent, and Delphi (DLPH), recording a loss of 6.7 percent.

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

Automated Car Firms Draw Investors

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For the third consecutive week, the Driverless Transportation (D20) Stock Index outperformed the Dow Jones Industrial Average and the S&P 500. The stock index for automated vehicle technology added 0.8 percent to finish the week at 163.53 while the Dow mustered a 0.3 percent gain and the S&P was virtually unchanged. The D20 saw 10 gainers and 10 losers.

Leading the D20 this week was Nvidia (NVDA), rising 7.5 percent and finishing near a 52-week high at $33.75. Nvidia has been on a tear, growing 69 percent since late July when it dipped under $20 per share. Analysts are applauding Nvidia’s product focus on graphics processing units (GPUs) and predict that its stock price will continue to grow.

Other significant gainers this week were TomTom (TOM2), up 3.5 percent, Renesas (TYO: 6732), rising 5.5 percent, and Volkswagen (VLKPY), continuing its rebound with an increase of nearly 6 percent for the week. D20 component stocks on the downside were three vehicle manufacturers, Nissan (NSANY), Ford (F), and Swedish truck manufacturer Volvo (VOLVY), with each losing more than 2 percent of their value.

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

D20 Stock Index week ending November 27 2015

VW’s Dead Cat Bounce Lifts D20 Index

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Driverless Transportation

With 13 gainers, six losers, and NVIDIA (NVDA) unchanged, the Driverless Transportation Stock Index (D20) gained 0.6 percent last week to close at 162.24. In a relatively quiet week for the indexes, the D20 edged out the Dow Jones Industrials decline of 0.1 percent and the virtually unchanged S&P 500.

Leading the D20 Index this week, Volkswagen (VLKPY), in a typical ‘dead cat bounce’, gained a whopping 17.2 percent to end at $26.36. There was little news other than Volkswagen’s refusal to compensate European vehicle owners for the rigged emissions tests, so the only explanation for the price jump is that short investors bought stock to cover their bets. Volkswagen has lost 31 percent of its value since early September.

The biggest loser for the D20 this week was the Chinese electric car and battery maker BYD (BYDDY), shedding 13 percent of its value and closing at $10.56. BYD’s share price continues its rollercoaster ride, plummeting to a low of $7.70 and rising to a high of $12.53 in the last 12 weeks, a range of almost 63 percent.

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