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- Historic Drop: S&P, Dow, Nasdaq Fall Below 200-Day — History Reveals Next Move
Historic Drop: S&P, Dow, Nasdaq Fall Below 200-Day — History Reveals Next Move
Plus, gold crashes, Super Micro plunges on DOJ charges, hedge funds shuffle, SaaS stocks tumble, and Carvana at a key level.

Happy Friday! The S&P 500, Nasdaq, and the Dow have all dipped below their 200-day moving averages, a rare market signal that has traders on edge. What could this mean for your portfolio? Here’s what history reveals.
Plus, Warren Buffett and this well known U.S. Senator have quietly aligned on the same 10 stocks. Read on to see what they are, and why they might deserve a spot in your portfolio.
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In Today's Edition
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TOP STORY
Wall Street just hit a rare and potentially game-changing milestone: the S&P 500, Nasdaq 100, and Dow Jones all plunged below their 200-day moving averages — something that has happened only a handful of times in the past decade.
Short-term signals may look grim, but history hints at an unexpected twist that could redefine the next market move. Read on for all the details.
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MARKET RECAP
| Averages & Assets | ||||
| Asset | Close 03/19/26 | Price Change | ||
| $6,606.49 | -0.27% | ||
| $22,090.69 | -0.28% | ||
| $46,021.43 | -0.44% | ||
| 4.25% | -0.03 bps | ||
| $434.60 | +6.84% | ||
| $99.20 | -6.89% | ||
| $70,231.93 | -1.44% | ||
| $2,146.69 | -2.57% | ||
| $1.45 | -0.68% | ||
Yesterday: U.S. indexes slipped Thursday but rebounded from session lows after Israel said the country is helping the U.S. reopen the Strait of Hormuz and noted Iran’s nuclear and missile capabilities have been curtailed. WTI crude eased from intraday highs, giving equities a modest lift, though oil remains more than 48% higher this month. The S&P 500, Dow, and Nasdaq are set for a fourth straight weekly loss, with the Dow and Nasdaq approaching correction territory. Investors continue to weigh geopolitical risks against resilient corporate earnings and broader economic data, keeping markets on edge. Volatility is likely to persist as energy prices and Middle East tensions remain in focus.
On Our Radar: Analysts will be paying attention to the Baker Hughes total rig count today. With regards to earnings, all eyes will be on KB Home (KBH) which will report earnings on Tuesday.
MARKET HEATMAP
Shares of Five Below (FIVE), Coherent (COHR), and Seagate (STX) were flying high. Meanwhile, Micron (MU), Newmont (NEM), and DoorDash (DASH), were among the day’s top laggards. But those weren’t the only companies making big moves. Here’s a look at some of the biggest winners and losers on Thursday.
Discover how the market is moving with our interactive heatmap. Filter by market cap, or click on any box to explore specific sectors or assets in more detail.
FIVE ZINGERS
Golden Crash: Gold is facing a historic collapse against oil not seen since the 1970s, and shaking the entire mining sector in its wake. See why gold’s safe-haven story just broke.
Server Shock: Shares of Super Micro plunged after DOJ charges hit key executives. Discover the shocking details that have investors running for cover.
SaaSpocalypse: Salesforce and Adobe are tumbling faster than anyone expected, raising fears of a “SaaSpocalypse.” Click to see which stocks are most at risk.
Market Shuffle: Hedge funds are quietly abandoning $1 billion in equity ETFs, but smart money isn’t running — they’re just playing a different game. Read on to see why institutions are swooping in while others exit, and what it means for your portfolio.
Stock Of The Day: Carvana is trading at a key level again. Is it setting up for a big bounce or a crash? Here’s what Wall Street is watching.
SPECIAL OFFER
Large moves in oil often create some of the most attractive trading setups in the market. This Sunday, Matt Maley is hosting a free live session explaining how he structures options trades when oil volatility expands and where he sees the best setups forming now.
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