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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.

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Record High for D20 Index

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Driverless Transportation

With 19 gainers and only one loser, the Driverless Transportation Index (D20) displayed impressive strength last week by jumping 4.4 percent to an all time high of 161.34. The D20 outperformed the Dow which gained 3.4 percent to close the week at 17823.81 and the S&P 500 which, in its best week of 2015, added 3.3 percent to finish at 2089.17.

The lone smudge on an almost perfect week was Volvo AB (VOLVY), the Swedish truck manufacturer, as it announced it was idling its US plant for two-and-a-half weeks in December due to excessive inventory and softening demand. Volvo’s ADR stock price lost 1.1 percent of its market capitalization and ended the week at $10.18

The D20 has breached the 160 mark three separate times in the last five weeks and has added 14 percent to its value in the last eight weeks. Since its inception at 139.7 on August 1, 2014, the D20 has ranged from 130.01 (down 6.9 percent) on October 17, 2014 to last Friday’s close of 161.34 (up 15.5 percent).  Linear regression (displayed as the dotted black line in the graphic here) places the D20’s growth at 13.4 points per year, or 9.6 percent.

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

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TomTom is D20’s Lone Star

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Driverless Transportation

Last week, the Driverless Transportation Index (D20) followed the S&P 500 and the Dow Jones Industrials down dramatically as all three indexes lost more than 3 percent of their value. The D20 Index lost 3.9 percent, finishing the week at 154.59 while the Dow dropped 3.7 percent and the S&P 500 discarded 3.6 percent of its value.

Trading in the D20 last week was almost unanimous with 19 losers and a sole gainer, TomTom (TOM2), the high-tech mapmaker. TomTom jumped €0.82, or 8 percent, to finish at €11.03.  TomTom’s stock price hit a six-year high as Uber agreed to use its digital maps and traffic data for more than 300 cities around the world. As the last independent supplier of detailed mapping information, rumors continue to swirl around TomTom as an acquisition target. Since its inclusion in the D20 on August 28, TomTom’s stock price is up 23 percent.

The rest of the D20 was not as promising as a trio of D20 stocks lost more than 10 percent of their value. Blackberry (BBRY) gave up gains recorded the previous week, losing 10.1 percent to finish the week at $7.21. Tesla (TSLA), a top gainer the previous week, gave up that success and finished at $207.19, down 10.8 percent. Magna International (MGA) fell 10.1 percent to $43.40 for its third consecutive weekly loss.

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

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Driverless Index Crawls Over 160

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Driverless Transportation

The Driverless Transportation (D20) Stock Index crawled above 160 for the second time in its history, ending the week up 1.1 percent at 160.83. Gainers outpaced losers 13 to seven as the D20 couldn’t keep up with the 1.4 percent rise in the Dow Jones Industrials which ended the week at 17910.33. The D20 slightly outperformed the S&P 500 and its rise of nearly 1 percent to finish at 2099.2.

Tesla (TSLA) was the D20 leader, increasing its stock price 12.3 percent to close the week at $232.36. Tesla has been having trouble meeting the demand for its Model S but its stock soared after its third quarter report revealed that it broke quarterly production records. NVIDIA (NVDA) was a D20 bright spot as well. It finished up 11.2 percent at $31.55 as it announced surprisingly good third quarter results.

Volkswagen’s (VLKPY) steep descent continued, dropping 12.6 percent to finish the week at $21.09 as its emissions scandal continues to deepen. Models from Audi and Porsche, both subsidiaries of Volkswagen, have now been implicated as well. It has lost 45 percent of its market cap since mid September.

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

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Mobileye and BYD Lead D20 Rebound

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Driverless Transportation

The Driverless Transportation (D20) Stock Index outperformed the Dow Jones Industrial Average and the S&P 500 Index this week by adding 5.05 points and climbing 3.6 percent to close at 147.09. The Dow gained 157.70 or nearly 1 percent and the S&P 500 gained 20.02 or 1 percent. Gainers outnumbered the losers 15 to five for the D20 Index as it continues to be more volatile than the Dow or the S&P 500.

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Diesel scandal woes drove Volkswagen (VLKPY) for the third week in a row, making it the D20’s biggest loser by dropping 12.5 percent and closing at $38.32. It has now lost 45 percent of its value since the D20 changed basis on August 28. Executives at Volkswagen, and its subsidiary Audi, are currently more focused on survival then on driverless technology advances.

Two very bright spots for the D20 this week were BYD Company (BYDDY) and Mobileye (MBLY). BYD continues to be the leader since the D20 Index changed its basis by gaining 13.02 percent this week and finishing at $8.44. BYD is up 28.2 percent over the last three weeks. Mobileye, on the strength of several analysts’ positive reports, reversed a two week losing streak by adding 12.7 percent to finish at $56.42.

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

D20 Stock Index week ending September 25, 2015

Volkswagen Drives D20 Down

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Driverless Transportation

Driven by Volkswagen’s huge loss the Driverless Transportation (D20) Stock Index tumbled 5.8 percent and ended last week at 142.05.  The loss was broad based as D20 losers outnumbered gainers 18 to two. On news that the global economy is slowing, both the Dow Jones Industrial Average and the S&P 500 lost value last week although less than the D20 Index. The Dow ended the week at 1631.67, down 0.4 percent while the S&P 500 finished at 1931.34, down 1.4 percent.

A 34.3 percent drop in Volkswagen’s stock price was responsible for over a quarter of the D20 loss for the week. Volkswagen’s ADR (VLKPY) price hit a 52-week low of $21.87 on Monday, less than half its D20 Index high of $54.02 it hit just over six months last March. The automaker’s woes continue to be driven by the diesel pollution testing scandal.  Its CEO has resigned and shareholder lawsuits have arisen.  Volkswagen’s current financial crisis will curtail its ability to invest in driverless technologies as it tries to weather the government fines, shareholder lawsuits, and negative market impact of this scandal.

The lone Chinese company in the D20 Index, BYD Company (BYDDY), shone brightly this week rising almost 6 percent and finishing at $9.91. At 6.16 percent, it is now is the largest component of the D20 Index. BYD has added 17.4 percent to its ADR price since August 28 when the basis for the D20 Index was changed.

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

D20 Stock index week ending August 21, 2015

Deep Dow Drop Dooms Driverless Index

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Driverless Transportation

With its biggest absolute loss ever, the Driverless Transportation (D20) Stock Index followed the Dow Jones Industrials and gave back 6.6 percent of its value, falling 10.18 points to end the week at 143.55. Faced with a triple threat of bad news — a floundering Chinese economy, uncertainty at the U.S. Fed, and weakness in the commodities markets — the Dow lost 5.8 percent of its value, finishing the week at 16,459.75.

D20-DJ-SP-Stock-Index-week-ending-2015-08-21-weekly-changeFor the D20 Index, losers outnumbered gainers 19 to one. That lone bright spot was Iteris (ITI), which received good news about four new major customers and reported fairly positive quarterly results. The information technology supplier added 18 cents, or 9.5 percent, to close the week at $2.08.

Now the bad news. Google (GOOG) led the losers, shedding $44.64 a share, or 6.8 percent, to finish the week at $612.48. Meanwhile, BYD Co. (BYDDY) declined 14.7 percent and ended the week below $8 for the first time since early February. Other notable losers were Tesla (TSLA), down $12.38, and Mobileye (MBLY), dropping 13.1 percent or $7.84 per share.

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

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D20 Up, Dow and S&P 500 Down

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Driverless Transportation

While the Dow Jones Industrials and the S&P 500 took slight hits this week, the Driverless Transportation (D20) Stock Index gained a modest 0.2 percent to close at 153.257. Gainers outnumbered losers 12 to eight.

Google (GOOG) had the largest absolute gain this week adding $9.69 and ending at $635.30. The largest percentage gain was made by NVIDIA (NVDA), adding a whopping 15.2 percent and ending the week at $22.98. NVIDIA shares were boosted on unexpectedly strong results for its 2nd quarter earnings.

KVH Industries (KVHI) lowered its 2015 earnings expectations and took a D20 Index leading 9.9 percent loss on its stock price, ending the week at $11.06. Tesla (TSLA) was also hammered, losing $23.64 and falling to $242.51 as it announced disappointing 2nd quarter earnings.

The big news this week was that Nokia (NOK) sold its HERE mapping unit to a consortium of automakers including Audi (owned by Volkswagen – VLKPY), BMW, and Mercedes (owned by Daimler - DDAIF). This sale may force a re-evaluation of Nokia’s inclusion in the D20 Index as the HERE unit was the sole reason Nokia was originally included.

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

D20 Index vs Dow Jones week ending July 31, 2015

Quiet D20 Index Spends Week at the Beach

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Driverless Transportation

The Driverless Transportation (D20) Stock Index had a quiet week as we neared August, rising only 0.34 points, or 0.2 percent, to finish at 153.016. Gainers outnumbered losers 11 to nine. This was the first week in the last six where Google (GOOG) didn’t mathematically dominate the D20 Index by being its absolute or percentage gainer or loser. Those leadership honors went to four other firms:

One notable streak was extended as BYD Company (BYDDY) fell for the seventh straight week. Although Volkswagen (VLKPY) announced that it had edged out Toyota for the title of largest automaker worldwide in the first half of 2015, it still lost $1.42 to close the week at $40.02.

Blackberry was strong, adding $0.41 or 5.6 percent, amid a lot of discussion in the press about how it should get out of the phone business. Other pundits think that the driverless car market will be Blackberry’s salvation as its QNX operating system continues to win market share away from automobile infotainment system rivals.

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

D20 & DJ Stock Index

Driverless Index Rises Again, Shrugs Off Dow, S&P Losses

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Driverless Transportation

The Driverless Transportation (D20) Stock Index rose 0.70 points to end last week at 149.913. Gainers outnumbered losers 12 to eight as the D20 Index managed its third consecutive weekly gain. In comparison, major indexes lost ground with the Dow Jones Industrial Average dropping 0.4 percent to 17946.68 and the S&P 500 Index losing 0.4 percent, finishing at 2101.49.

Daimler (DDAIF) led the D20 Index as its largest percentage gainer, adding 4.7 percent to close at $97.04. Tesla (TSLA) notched its highest weekly closing value since the D20 Index was initiated last year, finishing up $4.58 to $267.09.

The D20’s largest absolute loser this week was Google (GOOG), declining $5.00 to close Friday at $531.69. Nvidia (NVDA) was the D20 percentage loser this week dropping 5.5 percent to end at $20.74.

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