Focus On The Data To Avoid Future Bear Traps
The stock market was able to rally last week despite the larger-than-expected 0.50% rate cut by the FOMC. As is often the case the averages gyrated after Fed Chair Powell's press conference and higher open the Dow Industrials closed down 293 points.
SPY: Still Hanging In Balance
The S&P 500 tracker fund SPY has seen a healthy rise in 2024 so far, after already seeing a double-digit increase in 2023 and even has a slight lead over QQQ. Sustained above trend growth in the US economy, softening inflation rates and the start of the rate cut cycle go in its favour. From a top-down perspective, all its biggest ten holdings have performed well this year, led by NVIDIA along with Meta, Broadcom and Eli Lilly.
Are Investors Trapped In A SPYder's Web?
Peak optimism in stock markets often signals an impending decline, as seen with U.S. households' equity allocation hitting a record 34.7%. Professional and retail investors' extreme enthusiasm, with low cash reserves and high options activity, indicates a potential market downturn.
Wall Street pros boost S&P 500 forecast ahead of Triple Witching
The S&P 500 index and its associated exchange-traded funds (ETF) like the SPY, VOO, and IVV, surged to a record high on Thursday as investors cheered the Federal Reserve boost. The blue-chip index soared to a high of $5,722, a 20% increase from where it started the year.
SPY: Equity And Bond Markets Flash Conflicting Signals On Recession Risk
SPY: Equity And Bond Markets Flash Conflicting Signals On Recession Risk
From Silicon Valley to ETFs: TappAlpha CEO Katara Talks Options Income ETF TSPY
ETFs offer all kinds of flexibility for investors and advisors, but for TappAlpha CEO Si Katara, they provided a particularly important type of flexibility – an opportunity for a career change. Katara left the software firm he co-founded, Headlight, in 2022 to spearhead the launch of TappAlpha early last year.
SPY: The Market May Be Wrong Now
I maintain a “Hold” rating for the S&P 500, skeptical of the market's bullish expectations for a 50 basis point rate cut. The Energy CPI component deflation contrasts with rising rent and core services costs, complicating the inflation outlook and justifying a cautious Fed approach.
Why September Could Be a Great Time to Buy Stocks
The stock market normally doesn't do well in September -- at least, historically. If stock prices fall, however, that could make this an opportune time to start buying.
The S&P 500 Had A Different Kind Of Expectation Breaker This Week
After two negative expectation breakers in a month, it was nice to see the market break expectations the other way.
Goldilocks CPI Report Leads Market to Sell Off, Lower Lows Ahead
The reading of August CPI data led the market to sell off because it was as expected. As much hope as there was for aggressive interest rate cuts this year, the FOMC would unlikely follow through on them because underlying economic data remains solid, and deep in the market's heart, it knows it to be true.
1 No-Brainer Wealth-Building ETF to Buy Right Now for Less Than $1,000
The SPDR S&P 500 ETF Trust tracks the S&P 500 index. You probably will make money with the S&P 500 over time.
Stocks Have Had Their Worst Start to September in 70 Years. Can They Rebound?
September has so far lived up to its reputation as the worst month for stocks.
