[Video] All Sectors in the Red as Biden Targets High Earners
Matt Simpson April 23, 2021 4:23 AM
Wall Street wasn’t happy overnight with the prospects of higher capital gains taxes, so today we’ll find if there’s any bearish follow-through.
In today’s video we look at Morgan Stanley (MS) and the key level that divides bullish and bearish. We also catch up on Ellie Lily (LLY) as it continues to play with its price gaps like a concert pianist. We then finish up on the Stoxx 50 (STOXX) after its close back above 4,000.
S&P 500: Market Internals
S&P 500: 4134.98 (-0.92%), 22 April 2021
- All 11 sectors in the S&P 500 closed lower
- Real Estate (-0.37%) was the strongest sector and Materials (-1.75%) was the weakest
- 141 (27.92%) stocks advanced and 363 (71.88%) declined
- 96.04% of stocks closed above their 200-day average
- 69.7% of stocks closed above their 20-day average
- + 14.9% - Equifax Inc (EFX.N)
- + 6.43% - Pool Corp (POOL.OQ)
- + 4.41% - Tractor Supply Co (TSCO.OQ)
- -6.71% - Huntington Bancshares Inc (HBAN.OQ)
- -6.00% - Dow Inc (DOW.N)
- -5.66% - LyondellBasell Industries NV (LYB.N)
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