News about Stocks

S&P 500 closed in red for 3rd week in row (longest losing streak since September); last week was also worst in over a year (-3.0%); despite sell-off, handful of large-cap segments were up with Utilities leading way; worst-hit was Technology ⁦@SPDJIndices⁩ pic.twitter.com/LoNvVeDKZh

S&P 500 Momentum Index has continued to roll over ... rolling 20-day % change worst since 2022 bear market low [Past performance is no guarantee of future results] pic.twitter.com/UIkviCjKsX

S&P 500 with a max pullback of 5.5% in '24 so far. Since 1980, only 4 full years saw a smaller pullback. Avg yr since 1980 with a 14.2% max pullback. pic.twitter.com/2SZwV4mwlL

Last Friday, the proportion of S&P 500 Technology stocks hitting oversold levels, as indicated by their 14-day stochastic readings dropping below 20, surged past 95%, a phenomenon observed merely 17 times since 1953. pic.twitter.com/6oEGerptXv