s&p 500

(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…

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…

(Please enjoy this updated version of my weekly commentary published September 26th, 2022 from the POWR Growth newsletter). As usual, we will start by reviewing the past week… Here is an hourly, 3-week chart of the S&P 500 (SPY): Over the last week, the S&P 500 is down by a little more than 6%. The major impetus for the move lower was…

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…

The S&P 500 added to last week's losses on Monday as the index drifted closer toward its June intraday low of 3,636.87.The S&P 500 traded as low as 3,647.74 Monday as investors consider whether the June lows will hold as technical support or stocks are headed to fresh 52-week lows in coming days.Pound Falling: Turbulence in the U.K. has…

The S&P 500 (NYSEARCA:SPY) closed Monday at a 2022 low of 3,655.04, but RBC Capital Markets argues the index could shed another roughly 4% to reach 3,500 – or even 3,050 if equities experience a 1970s-style meltdown. “We think stocks are on the cusp of an important test,” Lori Calvasina, RBC’s head of U.S. equity strategy, wrote in a note.…

Warren Buffett is widely regarded as one of the greatest investors ever. But he's not having a great year so far. Most of the stocks in Buffett's Berkshire Hathaway portfolio have fallen by double-digit percentages year to date. Many are down more than 20%, with a handful of his stocks plunging over 50%. Which of these losers is the main one to…

Investment company Old North State Trust, LLC (Current Portfolio) buys S&P 500 ETF TRUST ETF, SPDR Bloomberg Convertible Securities ETF, Invesco S&P 500 Low Volatility ETF, Bank of America Corp, S&P MidCap 400 ETF, sells BTC iShares MSCI EAFE Min Vol Factor ETF, iShares Core S&P Small-Cap ETF, Vanguard Dividend Appreciation FTF,…

The SPDR S&P 500 SPY is volatile after the Federal Reserve on Wednesday raised its benchmark rate by 0.75% for the third straight time and indicated that it will continue to hike well above the current level. What To Know: The 0.75% rate hike brings the target fed funds rate up to a new range between 3% and 3.25%, the highest levels seen …

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…