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s&p 500

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.But are more gains in store for this ETF? Let us take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed:SPY in…
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Wake Up and Smell the Pain (Part 2)

After the famed Chairman Powell speech from Jackson Hole in August investors got the memo that the recent rally was unfounded and time to start selling stocks once again. This prompted me to write this article, Investors: Wake Up and Smell the Pain. Wednesday’s Fed announcement and press conference feels very much the same. That being investors…
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What Investors Need to Know Right Now

The S&P 500 is off about 21.4% this year (as of Oct 6, 2022). Heightened rising rate worries amid super-hawkish Fed cues, red-hot inflation, supply chain woes and the Russia-Ukraine war have dampened Wall Street this year. The index saw the worst start to a year since 1939. However, after a prolonged downfall, things appear to be changing…
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