Stocks That Do Well When the SPX Takes a Breather

Dow futures are up roughly 37 points this morning

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Schaeffer's Opening View
3/17/2021
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Stock Futures Simmer Ahead of Closely Watched Fed Update


By: Lillian Currens

Stock futures are eyeing another mixed morning as investors await this afternoon's Federal Reserve interest rate decision with bated breath. Before the open, Dow Jones Industrial Average (DJI) futures are pointed roughly 37 points higher, while futures on the S&P 500 Index (SPX) are sitting in a shallow pool of red ink, and the Nasdaq-100 Index (NDX) is down triple digits. The 10-year Treasury yield is still on the rise, last seen at a 13-month high of 1.67%, while the 30-year rate rose to its highest level since November 2019 -- clocking in at 2.428%. 

Continue reading for more on today's market, including:

  • This underperforming retailer may be ready to roar higher.
  • Schaeffer's Senior Quantitative Analyst Rocky White tests the performance of stocks that gained while the SPX fell. 
  • Plus, LEN says interest rates haven't effected home demand; MU dips after facility sale; and CRWD shares sunny current-quarter outlook. 
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