[Video] Oil and Copper on a high, DAX... Not So Much
Matt Simpson May 5, 2021 3:34 AM
Commodities continue to move higher in the anticipation (and reality of) reopening across parts of the US and Europe. And this has boded well for copper and oil.
We can’t say the same for the DAX though, after falling over 2% through a key support level, and now trades halfway to our target. So we check out key levels for copper, brent and DAX in today’s video.
S&P 500: Market Internals
S&P 500: 4164.66 (-0.67%), 04 May 2021
- Materials (1.04%) was the strongest sector and Information Technology (-1.89%) was the weakest
- 8 out of the 11 sectors outperformed the S&P 500
- 6 out of the 11 sectors traded lower on the S&P 500
- 243 (48.12%) stocks advanced and 262 (51.88%) declined
- 93.07% of stocks closed above their 200-day average
- 66.53% of stocks closed above their 20-day average
- + 14.2% - Gartner Inc (IT.N)
- + 9.51% - Sealed Air Corp (SEE.N)
- + 7.92% - Henry Schein Inc (HSIC.OQ)
- -10.4% - IPG Photonics Corp (IPGP.OQ)
- -7.41% - Catalent Inc (CTLT.N)
- -6.49% - Paycom Software Inc (PAYC.N)
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