S&P 500 Stocks Above 50-Day Moving Averages 2 comments
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As we highlighted in our last post, just 3% of stocks in the S&P 500 are trading above their 50-day moving averages. Below we provide a list of these 13 stocks. Agriculture company Archer-Daneils-Midland (ADM) is trading the furthest above its 50-day at 18%. ADM is followed by the education company, Apollo Group (APOL), and King Pharmaceuticals (KG). Most of these companies are non-cyclical, and in this economy, non-cyclical is the only way to go.
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