The FOMC meeting is finally upon us, and markets are on tenterhooks leading into it. In today’s video we highlight a couple of key levels for the US dollar index (DXY), then catch up on two US listed stocks for potential bullish or bearish scenarios; Disney (DIS) and Generac Holdings (GNRC).
Read Matt Well’s preview: FOMC meeting preview: Will the Fed fret about inflation?
S&P 500: Market Internals
S&P 500: 4246.59 (-0.20%), 15 June 2021
- Energy (2.06%) was the strongest sector and Real Estate (-1.03%) was the weakest
- 4 out of the 11 S&P 500 sectors closed higher
- 6 out of the 11 sectors outperformed the S&P 500
- 276 (54.65%) stocks advanced and 223 (44.16%) declined
- 90.89% of stocks closed above their 200-day average
- 62.57% of stocks closed above their 50-day average
- 55.45% of stocks closed above their 20-day average
Outperformers:
- + 5.10% - Diamondback Energy Inc (FANG.OQ)
- + 5.05% - Organon & Co (OGN.N)
- + 4.16% - Nov Inc (NOV.N)
Underperformers:
- -5.07% - Alexandria Real Estate Equities Inc (ARE.N)
- -4.76% - Freeport-McMoRan Inc (FCX.N)
- -4.36% - Take-Two Interactive Software Inc (TTWO.OQ)
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