Video Nasdaq Holds its Ground Alphabet Completes its ABC
Despite weakness across Wall Street, the Nasdaq 100 has held up relatively well which makes it an outperformer of late.
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![[Video] Nasdaq Holds its Ground, Alphabet Completes its ABC](/-/media/Research/Global/News Analysis/Featured Image/2021/03/Stocks1v2)
We look at a pivotal level for Nasdaq traders to consider and, as technology stocks are outperforming, update our bullish analysis on Alphabet Inc (GOOG) and Microsoft Corp (MSFT).
S&P 500: Market Internals
S&P 500: 4480.7 (0.85%), 15 September 2021
- Energy (3.8%) was the strongest sector and Utilities (-0.146%) was the weakest
- 11 out of the 11 S&P 500 sectors closed higher
- 397 (78.61%) stocks advanced and 106 (20.99%) declined
- 74.26% of stocks closed above their 200-day average
- 52.48% of stocks closed above their 50-day average
- 41.78% of stocks closed above their 20-day average
Outperformers:
- + 8.3% - EOG Resources Inc (EOG.N)
- + 7.8% - Diamondback Energy Inc (FANG.OQ)
- + 7.6% - Marathon Oil Corp (MRO.N)
Underperformers:
- -6.3% - Wynn Resorts Ltd (WYNN.OQ)
- -5.7% - Electronic Arts Inc (EA.OQ)
- -3.5% - Starbucks Corp (SBUX.OQ)
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