Market Moves: SPX Volatility Hits 25-Year High as SPY, GLD, NKE, CPB, NFLX, and MDB See Key Action

Market_Chart
03-06

SPX volatility hits a 25-year high as $SPY dips below its 100-day MA. $GLD sees record outflows, $NKE and $CPB hit multi-year lows, while $NFLX and $MDB show strong rebounds, reflecting extreme market divergence.

1. $S&P 500(.SPX)$

The average S&P 500 stock is now more volatile than the $SPX by the largest margin in roughly 25 years 🚨🚨🚨

2. $SPDR S&P 500 ETF Trust(SPY)$

S&P 500 $SPY has now closed below its 100-day moving average in 2 of the last 3 trading days for the first time since May 🚨🚨🚨

3. $SPDR Gold ETF(GLD)$

Gold $GLD ETF saw an outflow of $2.91 Billion on Wednesday, the largest in a decade πŸš¨πŸ€―πŸ‘€

4. $Nike(NKE)$

Nike $NKE not doing it 🚨 On the brink of hitting its lowest price since May πŸ“‰πŸ“‰

5. $Campbell Soup(CPB)$

Campbell's Soup $CPB falls to its lowest price since the Global Financial Crisis πŸ“‰πŸ“‰

6. $Netflix(NFLX)$

Netflix $NFLX has now traded green for 8 consecutive days, its longest winning streak since April/May πŸ“ˆπŸ“ˆ

7. $MongoDB Inc.(MDB)$

Nice bounce back day for MongoDB $MDB after one of its worst days in history earlier this week πŸ“ˆπŸ“ˆ

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