SPDR S&P 500 ETF Trust

  • SPY

  • $579

  • -0.78%

  • $581

  • $582

  • $574

Ticker Appearances

First Word
Fri, September 20, 2024 | 7:50AM ET
Tomlee
Tom Lee, CFA AC

Head of Research

Fed "recalibrate" easing cycle = investors to "recalibrate" and embrace small-caps

This is day two since the Fed initiated a rate cutting cycle, and markets are reacting positively. Most notably, small-caps (IWM -0.89% ) are leading gains, even...

This report is accessible to
FSI Pro, FSI Macro memberships.

You have viewed the limit of 2 reports for free this month.

To continue reading our research please sign up below.

Already have an account? Sign In

Visitor: 3a95af-d9d131-7e4337-da76db-a2804b

Fri, September 13, 2024 | 3:35PM ET

⚡ FlashInsights

Fri, September 13, 2024 | 3:35PM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy
🔥 🔥 🔥
Today's follow-through has brought SPY -0.78%  up to near July and Aug highs (JULY representing All-time Highs) while QQQ is a bit shy of Aug peaks and well off July highs which lie near 503.52 (currently 474.80) SPY is going to have initial resistance near 565 which could happen into early next week- I suspect the rally from early Sept is carving out 5 waves higher, which will require some backing and filling.. a push up to 565, then likely a 38-50% retracement (which might happen POST FOMC) before the start of a larger rally. Much of this will depend on the trajectory of the next few trading days, but trends are UP and the ability to get above 565 would cause a much larger rally at a time when many don't expect it. For now, SPY at 561.6 should have a bit more upside before some stalling out
Tickers

Daily Technical Strategy
Thu, September 12, 2024 | 7:13PM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy

Gold Miners likely play catchup

SHORT-TERM TRENDS TURNED BACK TO BULLISH FOLLOWING WEDNESDAY’S CLOSE ABOVE 5525, AND TECHNOLOGY HAS SNAPPED BACK WITH A VENGEANCE FOLLOWING ITS RECENT TWO-MONTH PULLBACK TO...

This report is accessible to
FSI Pro, FSI Macro memberships.

You have viewed the limit of 2 reports for free this month.

To continue reading our research please sign up below.

Already have an account? Sign In

Visitor: 3a95af-d9d131-7e4337-da76db-a2804b

Events

Tickers

Trending tickers in our research