While one month does not make a trend, the latest inflation data puts even more pressure on the Fed.
In the State Street SPDR S&P 500 ETF Trust (SPY), about an hour after the opening bell on Tuesday, someone traded a 100,000-lot put spread.
Wall Street has never been this bullish on S&P 500 stocks, and that near-unanimous optimism may be exactly what puts SPY holders at risk heading into earnings season.
Bloomberg ETF analyst Eric Balchunas praised bitcoin ETF holders for holding through a brutal drawdown, noting that lifetime cumulative net flows sit at $55 billion, down from a peak of $63 billion but up from a low of $50 billion.
Forecasts for the S&P 500, tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), diverge as AI dictates market direction, while specialized ETFs continue to outperform SPY over a five-year horizon.
Goldman Sachs says AI spending is propping up S&P 500 earnings growth, but that same statistic reveals a fragile dependency on a handful of buyers whose budgets could shift any quarter.
Space and satellite names are pulling back Thursday morning even as major U.S. benchmarks climb, with a mix of company-specific catalysts failing to stem selling across the commercial space complex. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 0.
The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is the most-traded exchange-traded fund in the world, but it is far from the cheapest way to own the S&P 500.
The week ended August 13 saw nearly $50 billion in net inflows to the ETF space. Unsurprisingly, equity ETFs received the lion's share of the new dollars.
Most investors who want broad U.S. equity exposure end up in SPDR S&P 500 ETF Trust (NYSEARCA:SPY).
Anyone holding the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) owns a piece of history: the first US-listed ETF, launched in 1993, and today the world's largest fund at roughly $676 billion in assets.
Option prices are surging for stocks but are relatively subdued for the SPY.