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SPDR S&P 500 ETF (SPY-N)
NYSEARCA:SPY
602.80
1.88
(0.31%) 1d
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26 Stock Top Picks and 3 ETF (Dec 14-20)This summary was created by AI, based on 2 opinions in the last 12 months.
Based on the reviews from different experts, it seems that the experts have differing opinions on the SPDR S&P 500 ETF (SPY-N). One expert believes that the market's reaction to Nividia's earnings will impact the S&P, while another expert sees a potential pullback in the S&P due to currency market ripples. Both reviews mention purchasing put options as a strategy to limit downside risk. It seems that there is uncertainty and cautiousness surrounding the stock.
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.
It's been beaten down, but healthcare will do well.
$467.940
Unknown
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(SPY-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
SPDR S&P 500 ETF(SPY-N) Frequently Asked Questions
What is SPDR S&P 500 ETF stock symbol?
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
Is SPDR S&P 500 ETF a buy or a sell?
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.
Is SPDR S&P 500 ETF a good investment or a top pick?
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.
Why is SPDR S&P 500 ETF stock dropping?
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.
Is SPDR S&P 500 ETF worth watching?
2 stock analysts on Stockchase covered SPDR S&P 500 ETF In the last year. It is a trending stock that is worth watching.
What is SPDR S&P 500 ETF stock price?
On 2024-12-10, SPDR S&P 500 ETF (SPY-N) stock closed at a price of $602.8.
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.