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home / news releases / QVML - SPY: The Setup Looks Extremely Bearish

QVML - SPY: The Setup Looks Extremely Bearish

Invesco S&P 500 QVM Multi-factor ETF

2024-04-23 07:15:00 ET

Summary

  • SPY has been on a very strong run recently.
  • However, the outlook is very bearish right now.
  • We detail four reasons why we rate SPY a Sell right now.

The SPDR S&P 500 ETF ( SPY ) has been on a tear lately, generating very impressive returns over the past year on the back of a strong bull market in artificial intelligence stocks, particularly in one of its top constituents NVIDIA ( NVDA ) thanks to its impressive results....

For further details see:

SPY: The Setup Looks Extremely Bearish
Stock Information
Company Name: Invesco S&P 500 QVM Multi-factor ETF
Stock Symbol: QVML
Market: NYSE
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