Value of Corydon-based Financials company First Capital Inc. (FCAP:NAQ) rose 354% on Nov. 8

Value of Corydon-based Financials company First Capital Inc. (FCAP:NAQ) rose 354% on Nov. 8

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Value in Financials stocks fell 13 percent on Nov. 8 from the previous day.

The strongest performing Financials company in Indiana was American Acquisition Opportunity Inc. (AMAO:NAQ), sitting 968.1 percent higher to sell at $10.03.

OneMain Holdings Inc. (OMF:NYQ) fared the worst among Indiana companies, suffering a 98 percent drop to $38.14.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the highest rise in value of 354 percent on Nov. 8.

The Consumer Staples sector was the daily best-performing sector on the market.

Consumer Discretionary was the worst-performing sector.

Healthcare and technology stocks are viewed as the safest bets for long-term gains.

Besty Kuekcer with Benzinga.com said healthcare-related stocks, such as hospital conglomerates and insurance companies, have weathered numerous economic crises and still make a profit, suggesting that they are generally a stable investment.

While technology stocks can be more risky, given the boom-bust nature of new tech companies, Kuecker recommended a diverse portfolio of tech companies to strike it big when companies succeed or sell to other larger companies.

For short-term investments, Kuecker recommended “consumer discretionary” stocks, which are sensitive to economic changes but can rise greatly on the back of a strong economy.

Nothing in this article is to be assumed as financial advice.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Rank of stock market sectors on Nov. 8

Sector% ChangeHighest Positive ChangeLargest Negative Change
Consumer Staples57.7%25,853,857.5%-100%
Energy34.9%281,471,073.4%-100%
Technology7%132,256,625.9%-100%
Health Care1.9%394,432,397.6%-100%
Utilities1.2%59,285,832.9%-100%
Industrials-0.6%128,374,724.9%-100%
Real Estate-1.4%169,692,207.7%-100%
Telecommunications-8.8%77,983,566.9%-99%
Basic Materials-10.5%40,227,464.1%-100%
Financials-13%97,889,634.8%-100%
Consumer Discretionary-13%773,294,864%-100%

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