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s&p 500

SPY: Stocks Racing to Bottom

(Please enjoy this updated version of my weekly commentary from the Reitmeister Total Return newsletter). Tuesday we once again retested the June lows of 3,636 for the S&P 500 (SPY). Even dipped under mid-session and then closed just above at 3,647. So now that we have retested the lows and closed above…does that mean we have found the…
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5 Most-Loved ETFs of Last Week

Last week, ETFs pulled in a whopping $26.6 billion in capital, pushing year-to-date inflows to $381.1 billion. U.S. equity ETFs led the way higher, accumulating $17.5 billion in inflows, closely followed by inflows of $8 billion for U.S. fixed-income ETFs and $1.6 billion for international fixed-income ETF, per etf.com.As such, SPDR S&P 500…
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Turnaround Tuesday or pump and dump?

SPY attempts to rally on Monday but fails. Tuesday starts on a better note. SPY so far has not broken June lows. Equity markets did attempt a rally on Monday, but the bond market kept yields, high so any move in risk assets was difficult to sustain. The two-year yield did show signs of falling in the early part of…
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Bears Back in Charge…What Happens Next?

I can count on 1 hand the # of times a bear market has not retested the bottom before the next bull market emerged. Scratch that. It only takes 1 finger to count it…and that was the oddity of the Covid bear market that bounced ferociously from bottom in March 2020 never to return. This is one of the main reasons that I knew the 18% suckers…
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