Daily Charts - S&P 500 market breadth near the worst level this century

Trend_Radar
07-09

1.S&P 500 $S&P 500(.SPX)$ market breadth near the worst level this century

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2.S&P 500 $SPDR S&P 500 ETF Trust(SPY)$ has traded above its upper Bollinger Band for the past 8 days ๐Ÿšจ The last time it did that was in July 2024 and then SPY promptly corrected by 10% ๐Ÿ“‰๐Ÿ“‰

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3.S&P 500 will fall to 5,500 in the second half of the year warns Stifel ๐Ÿšจ

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4.Ark Innovation ETF $ARK Innovation ETF(ARKK)$ is on track for its 19th consecutive month of outflows ๐Ÿ‘€

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5.Amazon $Amazon.com(AMZN)$ forms a Golden Cross for the first time since May 2023 ๐Ÿšจ The last one sent shares soaring more than 100% over the next 21 months ๐Ÿฅณ๐Ÿ“ˆ๐Ÿซ‚

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Bezos Sold $3Mln Amazon: More Pain to Come or Chance to Add?
A regulatory filing on Tuesday revealed that Amazon founder Jeff Bezos sold nearly 3 million shares of Amazon stock over two days in July, worth $665.8 million. The stock sale is part of a previously announced plan under which Bezos intends to sell up to 25 million Amazon shares by May 2026. Sales during the first four hours of Amazon Prime Day dropped 14% year-over-year. ------------ Will you add Amazon at $200?
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