Video US Equities Post Minor Gains After Reversing Earlier Losses

 

In today’s video we look at three US listed equities that are displaying bullish technicals. Alphabet (GOOGL) may try to re-test and breaks its highs after finding support at the trend channel. Devon Energy (DVN) and Interpublic (IPG) are two strong performers of the S&P 500 over the past 12 months, and both broke to new cycle highs last week.

S&P 500: Market Internals

S&P 500: 4455.48 (0.15%), 24 September 2021

• Energy (0.84%) was the strongest sector and Real Estate (-1.2%) was the weakest
• 8 out of the 11 S&P 500 sectors closed higher
• 6 out of the 11 sectors outperformed the S&P 500
• 3 out of the 11 sectors traded lower on the S&P 500
• 280 (55.45%) stocks advanced and 225 (44.55%) declined
• 72.48% of stocks closed above their 200-day average
• 48.51% of stocks closed above their 50-day average
• 40.79% of stocks closed above their 20-day average

Outperformers:

• + 3.97%   -  Match Group Inc  (MTCH.OQ) 
• + 3.31%   -  Costco Wholesale Corp  (COST.OQ) 
• + 3.09%   -  Expedia Group Inc  (EXPE.OQ) 

Underperformers:

• -6.26%   -  Nike Inc  (NKE.N) 
• -5.38%   -  Moderna Inc  (MRNA.OQ) 
• -2.94%   -  Enphase Energy Inc  (ENPH.OQ) 

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