[Video] The Nasdaq Is on a High Ahead of FOMC (FDX, PENN)
Matt Simpson June 15, 2021 4:02 AM
Tech stocks outperformed Wall Street again overnight, seeing the Nasdaq 100 hit a new record high.
We also check out a couple of underperforming US stocks in case sentiment for turns. FedEx (FDX) broke several key support levels recently may have seen a swing high, and Penn National Gaming (PENN) which is consolidating around its 200-day eMA.
S&P 500: Market Internals
S&P 500: 4255.15 (0.18%), 14 June 2021
- Information Technology (1.04%) was the strongest sector and Materials (-1.27%) was the weakest
- 6 out of the 11 S&P 500 sectors closed higher
- 3 out of the 11 sectors outperformed the S&P 500
- 190 (37.62%) stocks advanced and 311 (61.58%) declined
- 91.49% of stocks closed above their 200-day average
- 75.05% of stocks closed above their 50-day average
- 54.26% of stocks closed above their 20-day average
- + 6.00% - Resmed Inc (RMD.N)
- + 3.14% - Marketaxess Holdings Inc (MKTX.OQ)
- + 2.90% - Adobe Inc (ADBE.OQ)
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