We also update our analysis on silver prices, as we suspect its correction may be nearing completion (if it hasn’t already) and check out the bearish momentum on oil prices.
S&P 500: Market Internals
S&P 500: 4112.5 (1.22%), 13 May 2021
- Financials (1.8%) was the strongest sector and Energy (-1.35%) was the weakest
- 8 out of the 11 sectors outperformed the S&P 500
- 445 (88.12%) stocks advanced and 60 (11.88%) declined
- 89.5% of stocks closed above their 200-day average
- 70.5% of stocks closed above their 50-day average
- 51.09% of stocks closed above their 20-day average
Outperformers:
- + 5.01% - Nucor Corp (NUE.N)
- + 4.94% - DXC Technology Co (DXC.N)
- + 4.85% - Lam Research Corp (LRCX.OQ)
Underperformers:
- -5.61% - Occidental Petroleum Corp (OXY.N)
- -4.13% - Diamondback Energy Inc (FANG.OQ)
- -4.07% - Marathon Oil Corp (MRO.N)
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