Multiple rare signals are hitting at once: the Hindenburg Omen has triggered again, software stocks are massively lagging, breadth is historically strong, $NFLX$ is deeply below its 200DMA, and $IBM$ just posted its worst drop this century.
A market full of contradictions — and elevated risk.
1.Stock Market Crash "Hindenburg Omen" Triggered 🚨
The Hindenburg Omen, an indicator that correctly detected the 1987 and 2008 stock market crashes, has been triggered for the 5th time over the last month 👻😱
2.Software Stocks $iShares Expanded Tech-Software Sector ETF(IGV)$ are now underperforming the Nasdaq by the largest margin this century 🚨🚨
3.Roughly 2/3 of S&P 500 $S&P 500(.SPX)$ stocks are outperforming the index this year, the broadest market strength in history 🚨🚨
4.Netflix $Netflix(NFLX)$ is trading below its 200-day moving average by 31%, the most in more than 3 years 📉🤯👀
5.IBM $IBM(IBM)$ plunges more than 13%, its biggest loss this century 📉📉
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