SPDR S&P 500 ETF Trust (SPY) is an American exchange-traded fund (ETF) that tracks the performance of the S&P 500 Index. The S&P 500 Index is a well-known benchmark that tracks the performance of the 500 largest publicly traded companies in the U.S. market. SPDR S&P 500 ETF Trust provides investors with the opportunity to invest in a broad range of U.S. stocks and gain exposure to various sectors and companies that make up this index. This ETF is a popular tool among investors looking for diversification and tracking the performance of the broad market.
There are some good points and some that are a bit against. I don't see a lot of growth there right now either and I would have expected some sort of drop off. If we get to even lower levels than we were last year, that would be a bump. Still no blood flowing in the market yet...
So far, the markets are calm. Crypto has slid down, but oil has jumped up. Meanwhile, the dollar is strengthening nicely. Europe's DAX is in the balance, as is America.
It's a difficult time for investors and traders. We're in a market squeeze and when one side wins, it's going to be a ride.
I wouldn't be surprised if we retraced that rise on Friday, but if we go up, I won't be... Read more
There are some good points and some that are a bit against. I don't see a lot of growth there right now either and I would have expected some sort of drop off. If we get to even lower levels than we were last year, that would be a bump. Still no blood flowing in the market yet...