SPDR S&P 500 ETF Trust (SPY)
SPY: Higher Multiples Are Justified
The S&P 500's PE multiple at fair value has been rising due to central banks monetizing excessive debt, since the GFC. Tech mega-cap dominance too has caused the S&P 500 PE at fair value to rise, influenced by global liquidity and monetary policy. By the end of 2025, SPY's fair value will likely be in the low to mid $600s due to global liquidity picking up.
Large-Cap ETF (SPY) Hits New 52-Week High
For investors seeking momentum, SPDR S&P 500 ETF Trust SPY is probably on the radar. The fund just hit a 52-week high and is up 33% from its 52-week low of $409.21 per share.
The S&P 500 Keeps Breaking Records, So Why Are Market Watchers Nervous?
The stock market just wrapped up a strong second quarter powered by big tech stocks. That's making some analysts nervous.
SPY: Expect A Volatility Spike
The S&P 500 index continues to reach all-time highs despite skepticism, driven by optimism surrounding AI and subsequent improvements in margins and earnings. Despite its exceptional strength of late, I think the S&P 500 index is likely to feel a spike in volatility shortly.
The Top 3 Sectors Poised For Growth This Summer
The 2nd quarter and first half of 2024 are rapidly coming to a close, setting the market up for its summer adventure. The latest read on earnings expectations is positive and suggests the market will continue to rise.
Should SPDR S&P 500 ETF (SPY) Be on Your Investing Radar?
The SPDR S&P 500 ETF (SPY) was launched on 01/29/1993, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Blend segment of the US equity market.
You Can Lose a Surprising Amount of Money by Not Investing
If you're not investing to build long-term wealth, you're short-changing your future. No matter how much you've missed out on, chances are you can still build a sizable nest egg.
Big Tech Dominance: 5 Companies Projected To Lap Average S&P 500 Stock's Earnings Growth
Despite the underperformance of several sectors, the SPDR S&P 500 ETF Trust SPY has already exceeded its average annual return in just over six months. Amid unprecedented gains by big tech companies, how much can the S&P 500's performance be attributed to the dominance of just a few companies?
SPY: The Upside Is Likely Capped
I believe the growth potential of SPY is actually capped, and investors should underweight it, not only relative to other geo markets but also to other asset classes. Despite record capital inflows into S&P 500 ETFs, indicators like ERP suggest owning SPY may be less attractive than bonds.
SPY: Rating Downgrade Due To Overvaluation
SPY is very expensive by usual valuation metrics such as P/E, dividend yield, and PEG ratio. Yet, the truly alarming sign comes when its valuation is benchmarked by risk-free rates. With the excess CAPE Yield (“ECY”) hovering at a historical low (only about 1.2% currently), history suggests extremely unfavorable excess return potential over treasury bonds.
6 Reasons the S&P 500 Will Keep Rising This Year
The S&P 500 NYSEARCA: SPY index can keep rising this year even if many stocks within it don't. The reasons are simple and center around the top six holdings.
Vanguard Retirement Perspectives- Labor Market Pulse: Young, Lower-Income Workers Gaining Ground
Proprietary Vanguard data suggest that the overall U.S. hires rate is trending higher. Even as demand for middle- and top-income earners continues to soften, hiring activity for workers earning less than $55,000 remains elevated compared with 2019 levels, leading to better employment opportunities and solid inflation-adjusted wage growth for that group.
