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SPY News and Press, SPDR S&P 500 From 05/18/24

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Company Name: SPDR S&P 500
Stock Symbol: SPY
Market: NYSE

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SPY - Watch SPY, QQQ inflows with Dow rise to 40,000 sparking 'FOMU' - Goldman's Scott Rubner

2024-05-18 09:00:00 ET More on the markets GameStop's insane week ends with ~27% stock gain: A timeline Here are the biggest single-session post-results gains from the recent earnings season SPY: Time To Be Contrarian And Underweight SPY ETF: Momentum Is In T...

SPY - Adobe: AI In Focus Ahead Of Q2 Results, Options Imply A Big Move

2024-05-18 08:10:29 ET Summary 41% of S&P 500 firms mentioned AI on quarterly calls, but some tech firms claiming to be focused on AI are losing their luster. Adobe's Q1 results were disappointing due to slower adoption of AI, but analysts expect strong growth in the next 12 m...

SPY - Weekly Indicators: High-Frequency Data Fails To Confirm Soft Patch In April Reports

2024-05-18 08:00:00 ET Summary Long leading indicators show slight improvement, with corporate profits at a neutral rating. Short leading indicators have been volatile, with stock prices most positive, but manufacturing fading again. Consumer spending continues to be a positiv...

SPY - Ed Yardeni And José Torres On Stocks, Spending, And The Fed

2024-05-18 07:00:00 ET Summary Edward Yardeni, President of Yardeni Research, has been - and remains - bullish on the stock market given a Federal Reserve that will likely retreat to the sidelines, strong consumer spending, and a solid growth outlook. Jose Torres, Senior Economist...

SPY - Griffon's Global Sourcing Strategy Is Improving Potential Returns

2024-05-18 05:43:03 ET Summary Griffon Corporation has restructured its business to improve profitability and reduce vulnerability to market downturns. KPIs are improving, and the foundation has been laid for sustainable free cash flow generation. The company's focus on effici...

SPY - ETB: Attractive Discount And A Distribution Rate Of 9.25%

2024-05-18 04:39:55 ET Summary Eaton Vance Tax-Managed Buy-Write Income Fund has outperformed First Trust Enhanced Equity Income Fund (FFA) since our last update, as we noted could occur. ETB is still trading at an attractive discount, making it still a worthwhile candidate for ad...

SPY - Historic week ends with S&P above 5,300, Dow scaling 40K for the first time ever

2024-05-17 20:35:00 ET The S&P 500 ( SP500 ) on Friday added 1.54% for the week to end at 5,303.27 points, posting gains in three out of five sessions. Its accompanying SPDR S&P 500 ETF Trust ( NYSEARCA: SPY ) climbed 1.65% for the week. ... Read ...

SPY - Catalyst Watch: AI in the spotlight with Nvidia earnings, Microsoft Build, and an IBM event

2024-05-17 15:00:04 ET More on the markets SPY: Time To Be Contrarian And Underweight SPY ETF: Momentum Is In The Cards SPY: Get Ready For A Recessionary Bear Market DWS is cautiously optimistic about stocks, but expects 'jittery' market Investors pur...

SPY - SP500: Buy Signals From Good Economy, Dropping Inflation (Technical Analysis Upgrade)

2024-05-17 13:51:40 ET Summary The market anticipates rate drop and AI boost for bull market. The inverted yield curve and commercial real estate depression are concerns. Daily, weekly, and monthly charts show bullish signals, with price at a new high. The S&P ...

SPY - Is Buffett's Cash Hoard A Market Warning?

2024-05-17 13:00:00 ET Summary Buffett’s cash and short-term investments (read T-bills) exceed $189 billion as of Q1, 2024. The problem with the valuation dilemma is that historically, such has preceded market repricings. With the current market capitalization-to-GDP ra...

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