U.S. Equities in Correction: $NDX, $SPY, $MSFT Highlight Market Weakness
U.S. equities are under pressure as major indices enter correction territory.
The Nasdaq 100 has dropped more than 10% from its January highs, while the S&P 500 is down 7% YTD and the SPY has logged its longest losing streak since April 2022.
Volatility remains elevated, with the $VIX closing above 25 for four consecutive weeks—the longest streak since 2022.
Blue-chip names are not immune: $BRK.B faces its longest losing streak in 8 years, and $MSFT has fallen below its 200-week moving average for the first time in over 13 years.
These developments underscore heightened market uncertainty, though historical patterns suggest opportunities for disciplined, strategic positioning amid extreme fear.
1. $NASDAQ 100(NDX)$
Nasdaq 100 enters technical correction after falling more than 10% from its January high 📉📉
2. $S&P 500(.SPX)$
S&P 500 $SPX is now down 7% this year 📉📉
3. $SPDR S&P 500 ETF Trust(SPY)$
S&P 500 $SPY trades red for 5 consecutive weeks, its longest losing streak since April/May 2022 📉📉
4. $Cboe Volatility Index(VIX)$
CBOE Volatility Index $VIX has now had 4 consecutive weekly closes above 25, the longest streak since 2022 🚨🚨🚨
5. $Berkshire Hathaway(BRK.B)$
Berkshire Hathaway $BRK.B trades red for 8 consecutive days, its longest losing streak in 8 years 📉📉
6. $Microsoft(MSFT)$
Microsoft $MSFT closes below its 200-week moving average for the first time in more than 13 years 📉📉 Dear God 😱
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