Markets Struggle: $CPB Hits 23-Year Low, $XLF Forms Death Cross, $KRE Below 200-Day, $SOFI Down 50%
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 🚨 Not even a huge green reversal day for the S&P 500 can stop this ship from sinking 📉📉
2. $Financial Select Sector SPDR Fund(XLF)$
S&P 500 Financial Stocks just formed a Death Cross ☠️ for the first time since October 2023 🚨
3. $SPDR S&P Regional Banking ETF(KRE)$
Regional Banks $KRE have now closed below their 200-day moving average for 3 straight days 🚨
4. $SoFi Technologies Inc.(SOFI)$
$SOFI down nearly 50% since its November all-time high 📉📉
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.
