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26 Stock Top Picks and 3 ETF (Dec 14-20)This summary was created by AI, based on 3 opinions in the last 12 months.
The SPDR S&P 500 ETF, known by its symbol SPY-N, is lauded as the oldest and largest ETF in the S&P 500 space, attracting investors focused on long-term holding strategies. However, it faces competition from VOO, which has a slightly lower management expense ratio (MER). Investors are advised to consult with the ETF provider regarding tax implications for the most advantageous account type to hold SPY shares. Additionally, there is a mixed sentiment towards market volatility, particularly regarding its reaction to major earnings reports, such as Nvidia's, which has implications for broader indices like the S&P 500. Overall, while some experts express concerns about potential pullbacks in the market, they emphasize the importance of using downside protection strategies, such as put spreads, to mitigate risks.
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.
He just bought May 500 puts. In the two days since the Fed meeting, the USD has strengthened against many currencies (Euro, Yen, UK pound, Chinese yuan). Ripples in the currency market will lead to a slight pullback in the S&P.
SPY is more diversified than QQQ, which is mainly technology, biotech, and some consumer names. SPY is 26% technology, 8% communications. Tech sector has gotten ahead of itself again, and the valuations are not that attractive.
Why would both go on on the same day? The VIX (VXX-N) tracks the expectation of volatility over the next month. Volatility changes. If the market (SPY-N) is going up then typically volatility comes down. If the catalyst for a rally is thought to be short lived, then volatility can go up as well.
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, 3 stock analysts published opinions about SPY-N. 3 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.
3 stock analysts on Stockchase covered SPDR S&P 500 ETF In the last year. It is a trending stock that is worth watching.
On 2025-02-11, SPDR S&P 500 ETF (SPY-N) stock closed at a price of $603.32.
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.