Market Moves: SPX Volatility Hits 25-Year High as SPY, GLD, NKE, CPB, NFLX, and MDB See Key Action
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 🚨🤯👀
4. $Nike(NKE)$
Nike $NKE not doing it 🚨 On the brink of hitting its lowest price since May 📉📉
5. $Campbell Soup(CPB)$
Campbell's Soup $CPB falls to its lowest price since the Global Financial Crisis 📉📉
6. $Netflix(NFLX)$
Netflix $NFLX has now traded green for 8 consecutive days, its longest winning streak since April/May 📈📈
7. $MongoDB Inc.(MDB)$
Nice bounce back day for MongoDB $MDB after one of its worst days in history earlier this week 📈📈
For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.
🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now
Find out more here.
Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.
Other helpful links:
-
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
-
How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
