Markets are showing clear divergence, with $SPY, $MSFT, and $GOOGL breaking down technically, while select high-beta names like $SRPT, $CORZ, and $FLY surge on strong momentum and catalysts.
1. $SPDR S&P 500 ETF Trust(SPY)$
S&P 500 $SPY on track for its 5th consecutive close below the 200-day moving average, the longest streak since May ππ€―π
2. $Microsoft(MSFT)$
Microsoft $MSFT on track to close below its 200-week moving average for the first time in more than 13 years ππ
3. $Alphabet(GOOGL)$
Alphabet $GOOGL has entered a technical correction after falling more than 10% from its February all-time high πππ
4.$Sarepta Therapeutics(SRPT)$ & $Tradr 2X Long SRPT Daily ETF(SRPU)$
Sarepta Therapeutics soars by more than 28% today, on track for its 3rd best day this decade π¨ $SRPT has also jumped above all its major moving averages β Will the strength continue? For magnified exposure, consider the Tradr 2X Long SRPT Daily ETF $SRPU
5. $Core Scientific, Inc.(CORZ)$ & $Tradr 2X Long CORZ Daily ETF(COZX)$
Core Scientific $CORZ with a strong bounce off the 200-day moving average and now comes the potential breakout above resistance π¨ 3rd time is the charm? For magnified exposure, consider the Tradr 2X Long CORZ Daily ETF $COZX
5. $Firefly Aerospace Inc.(FLY)$ & $Tradr 2X Long FLY Daily ETF(FLYT)$
Firefly Aerospace $FLY on track for its 3rd best day ever after scoring a $33 price target from Morgan Stanley π¨ $FLY has jumped above its 20D, 50D, and 100D moving averages β What's next? For magnified exposure, consider the Tradr 2X Long FLY Daily ETF $FLYT
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