Mar 27 Dow enters correction, as NASDAQ and SPY turn negative for the week

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Market

“Energy stocks are still outperforming the rest of the market, with $CVX ( ▲ 0.2% ) and $XOM ( ▲ 0.26% ) leading the charge and $MPC ( ▼ 1.79% ) still hitting 52 week highs.” 😊 😋

All indices took a beating Friday.

Cybersecurity stocks including $PANW ( ▲ 5.09% )  $OKTA ( ▲ 5.41% )  $S ( ▲ 3.43% ) and $CRWD ( ▲ 4.57% ) fell on the news that Anthropic is testing a new powerful AI model called Mythos which has advanced cybersecurity capabilities. When have we seen this before? Yeah, 2 weeks ago for $FIG ( ▼ 0.57% ) and $ADBE ( ▲ 0.51% ) and then again a week ago for $UNH ( ▲ 2.25% ) and $CVS ( ▼ 1.87% )  

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