$SPY Streak vs $QQQ Outflows: $MSFT $CRM $NKE Signal Cracks Beneath the Surface

AfraSimon
04-11 15:00

The market is sending mixed signals. While $SPY extends its longest winning streak in nearly a year, underlying cracks are widening across key assets.

$QQQ is experiencing record capital outflows, $MSFT is breaking long-term support, and cyclical names like $CRM and $NKE are hitting multi-year lows.

This growing divergence between index strength and internal weakness suggests the current rally may be fragile — and increasingly dependent on narrow leadership rather than broad participation.

1. $Salesforce.com(CRM)$

Salesforce $CRM falls to its lowest price in more than 3 years 📉📉

2. $SPDR S&P 500 ETF Trust(SPY)$

S&P 500 $SPY on track for its 8th consecutive green day, its longest winning streak since April/May 2025 📈📈

3. $Invesco QQQ(QQQ)$

Nasdaq $QQQ just saw its largest 3-month outflow this century 📉💸🤯

4. $Microsoft(MSFT)$

Microsoft $MSFT on track for its 3rd consecutive weekly close below its 200-week moving average 📉📉 The last time this occurred was more than 13 years ago 🤯👀

5. $Palantir Technologies Inc.(PLTR)$

Palantir $PLTR is worth well under $50/share warns Big Short Investor Michael Burry 📉🤯👀

6. $Nike(NKE)$

Nike $NKE headed for its lowest closing price in 12 years 📉📉

7. $Campbell Soup(CPB)$

Campbell's Soup $CPB now has the lowest market cap of any stock in the S&P 500 and is in grave danger of getting the boot the next time around 🫡

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.

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