Daily Stock Market Reports

SPY: The ‘October Bottom’ Thesis


Golden bull and bear on stock data chart background. Investing, stock exchange financial bearish and mullish market concept.

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SPDR S&P 500 Trust ETF (NYSEARCA:SPY) is up by almost 15% since the Oct 13th, 2022, intraday low at 3491. Some analysts are predicting that the October 13th bottom is the bear market low point and that stocks are currently in

S&P500

Barchart

Core PCE inflation

Trading Economics

S&P 500 Index

+4.16%

Communication Services XLC

+9.09%

Consumer Discretionary XLY

+8.16%

Consumer Staples XLP

+0.25%

Energy XLE

+2.84%

Financials XLF

+5.61%

Health Care XLV

-0.29%

Industrials XLI

+4.33%

Materials XLB

+7.87%

Real Estate XLRE

+7.12%

Technology XLK

+4.86%

Utilities XLU

+1.18%



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