[Video] Platinum and Palladium Outperform Fellow Precious Metals
Matt Simpson October 11, 2021 8:22 AM
Both platinum and palladium have been victims of heavy selling pressure of late, yet their recent rebounds from their lows suggest there could be further upside to follow.
In today’s video we update out analysis on platinum and palladium futures following their strong rallies of last week. We also look at spot silver prices as we suspect they may attempt to break lower.
S&P 500: Market Internals
S&P 500: 4391.34 (-0.19%), 08 October 2021
- Energy (3.1%) was the strongest sector and Real Estate (-1.12%) was the weakest
- 2 out of the 11 S&P 500 sectors closed higher
- 4 out of the 11 sectors outperformed the S&P 500
- 9 out of the 11 sectors traded lower on the S&P 500
- 189 (37.43%) stocks advanced and 312 (61.78%) declined
- 94.26% of stocks closed above their 50-day average
- 48.12% of stocks closed above their 20-day average
- + 6.84%-APA Corp (US)(APA.OQ)
- + 6.63%-Hess Corp(HES.N)
- + 5.53%-EOG Resources Inc(EOG.N)
- ·-5.65%-Citrix Systems Inc(CTXS.OQ)
- ·-4.98%-HanesBrands Inc(HBI.N)
- ·-4.83%-Charter Communications Inc(CHTR.OQ)
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