U.S. Stock Market just saw its 2nd worst advance-decline day since June 2022

U.S. Stock Market just saw its 2nd worst advance-decline day since June 2022 🚨

Image

$.SPX(.SPX)$ suffered its 2nd largest drop since September 2022 📉

Image

Fewer than 3% of S&P 500 stocks are trading above their 5-day moving average for only the 3rd time since March 2023 🚨

Image

FUN FACT 🚨: The S&P 500 has now seen more decliners than advancers for 13 consecutive days, the longest such streak in history. And today saw the largest number of decliners this year!

Image

S&P 500 Value Stocks $iShares S&P 500 Value ETF(IVE)$ have declined for 13 consecutive days, the longest losing streak in history 🚨

Image

And there goes our Market Breadth that we worked so hard for this year! Fewer than 54% of S&P 500 stocks are now trading above their 200D moving average, the lowest number in more than 1 year 🚨

Image

$Cboe Volatility Index(VIX)$ soars for largest gain since Volmageddon (February 5, 2018) 🚨 Probably Fine

Image

$GLOBAL X DOW 30® COVERED CALL ETF(DJIA)$ has now declined for 10 consecutive trading days, the longest losing streak since October 1974

Image