US 500 sharply lower

The market dropped considerably Friday, and S&P 500 closed at 5581 points after a decline of 2.0 percent. The week as a whole showed a loss of 1.5 percent. This past month the index has lost as much as 6.3 percent.

89 shares showed a gain and 413 showed a loss. 0 shares were unchanged and closed at the same price as the previous day. There was no trading in 0 shares.

Total value of the trading volume for shares and primary capital certificates Friday was approximately 319.3 billion.

Lululemon Athletica closed at 293 $ after a steep drop of 14.2 percent. The previous time the stock lost this much was Mar 22. 2024, when it closed down 15.8 percent. It was also high volume. Overall it was traded for 3785 millions $ in the stock, which is seven times as much as normal daily turnover. The stock is trend wise positive in the medium term.

Nike showed a negative development and ended the day at 63.29 $, which is a decline of 3.8 percent. We must go back to Mar 2020 to find a lower close for the stock. The stock has thereby closed down 19 out of the past 23 days and this past week the stock has lost as much as 6.8 percent. Nor does it look good technically. The stock is trend wise negative in the medium term, has resistance at 70.00 $ and a further decline is indicated.

Texas Instruments developed negatively and fell 2.5 percent to a close of 176 $. This past month the stock has lost as much as 11.1 percent. The stock broke down through the support at 179 $ in head and shoulders formation. This triggered a sell signal and a further drop to 146 $ within one year is indicated.

Oracle lost 3.4 percent to 141 $. The stock has not closed at a lower price since Sep 2024. The stock has now fallen for the fourth day in a row and this past month the stock has lost as much as 18.3 percent. It does not look good technically either. The stock is trend wise positive in the medium term, but has broken down through support at 145 $.

Salesforce showed a negative development and ended the day at 270 $, which is a decline of 2.8 percent. The stock has not closed lower since Sep 2024. It does, however, look good technically. The stock is trend wise positive in the medium term and a further increase is indicated.

Winners Friday

W.R. Berkley	7.53%
Welltower	2.33%
American Water Works	2.22%
PPL	2.09%
Bristol-Myers Squibb	1.90%

Losers Friday

Lululemon Athletica	-14.19%
ON Semiconductor	-6.44%
Warner Bros. Discovery A	-5.81%
Dollar Tree	-5.46%
PayPal	-5.39%

Most traded Friday

Tesla	32629.96
NVIDIA	25210.12
Meta Platforms A	10152.25
Amazon.com	10127.09
Apple	8676.48

No file found for todaysFreeAccess, , todaysFreeAccess,

Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.