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Nervous markets await NvidiaThis summary was created by AI, based on 2 opinions in the last 12 months.
The SPDR S&P 500 ETF (SPY) is recognized as the oldest and largest ETF tracking the S&P 500, making it a cornerstone for many investors' portfolios. One reviewer suggests a long-term holding strategy, indicating that SPY's historical performance makes it a reliable choice, despite the emerging competition from VOO, which offers a slightly lower management expense ratio (MER). Additionally, the importance of consulting the ETF company for tax advice regarding the optimal account for holding the ETF is highlighted. On the trading front, a reviewer mentions executing a put spread in anticipation of market reactions following Nvidia's earnings, emphasizing risk management as an essential aspect of trading strategies aligned with market movements. This dual perspective—from both long-term investing and active trading—illustrates the versatility and significance of SPY within different investment strategies.
He did a put spread on May 2, the 500-520 end of July put spread. He wasn't concerned about NVDA or tech, but to the market's reaction broadly to Nividia's earnings. Rally broadening in the S&P had not happened. You're limiting your downside with a spread. He bought back the 500 put, which leads him long only the 599 outs.
SPDR S&P 500 ETF is a American stock, trading under the symbol SPY-N on the NYSE Arca (SPY). It is usually referred to as AMEX:SPY or SPY-N
In the last year, 2 stock analysts published opinions about SPY-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for SPDR S&P 500 ETF.
SPDR S&P 500 ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for SPDR S&P 500 ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered SPDR S&P 500 ETF In the last year. It is a trending stock that is worth watching.
On 2025-04-24, SPDR S&P 500 ETF (SPY-N) stock closed at a price of $542.01.
SPY is the oldest and the biggest. Buy more, hold forever. Starting to be overtaken by VOO, perhaps because of the slight difference in MER cost. Worthwhile contacting the ETF company itself for a tax opinion on which account is best to hold it in.