
We also look at the bearish outside day on the S&P 500, which leaves the potential for a double top pattern. Then we finish up on brent futures which finally broke above $70 following yesterday’s OPEC meeting.
S&P 500: Market Internals
S&P 500: 4202.04 (-0.05%), 01 June 2021
- Energy (3.9%) was the strongest sector and Healthcare (-1.64%) was the weakest
- 6 out of the 11 sectors outperformed the S&P 500
- 286 (56.63%) stocks advanced and 219 (43.37%) declined
- 90.69% of stocks closed above their 200-day average
- 79.6% of stocks closed above their 50-day average
- 63.96% of stocks closed above their 20-day average
Outperformers:
- + 13.70% - Devon Energy Corp (DVN.N)
- + 13.63% - Marathon Oil Corp (MRO.N)
- + 10.87% - APA Corp (US) (APA.OQ)
Underperformers:
- -9.31% - Abbott Laboratories (ABT.N)
- -4.79% - Thermo Fisher Scientific Inc (TMO.N)
- -4.70% - Invesco Ltd (IVZ.N)
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