Markets show cracks in key sectors:
$CPB hits a 23-year low, $XLF forms a Death Cross, $KRE closes below its 200-day SMA for 3 days, and $SOFI is down nearly 50% from its November highs.
1. $Campbell Soup(CPB)$
Campbell's Soup $CPB falls to its lowest price in nearly 23 years π¨ Not even a huge green reversal day for the S&P 500 can stop this ship from sinking ππ
2. $Financial Select Sector SPDR Fund(XLF)$
S&P 500 Financial Stocks just formed a Death Cross β οΈ for the first time since October 2023 π¨
3. $SPDR S&P Regional Banking ETF(KRE)$
Regional Banks $KRE have now closed below their 200-day moving average for 3 straight days π¨
4. $SoFi Technologies Inc.(SOFI)$
$SOFI down nearly 50% since its November all-time high ππ
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