SPY News and Press, SPDR S&P 500 From 05/19/24

2024-05-19 13:46:04 ET Summary I am upgrading the Vanguard S&P 500 ETF from hold to buy due to strong earnings numbers and impressive momentum. Utilities is the top-performing sector in the S&P 500 this year, followed by Energy and Communication Services, suggesting broad-...

2024-05-19 09:15:50 ET Summary The market continues to support last January's forecast of the advance continuing up through August. The principle of similar time durations and investor sentiment suggest the current advance will likely last through August or September, but not long...

2024-05-19 09:00:00 ET What Nvidia ( NASDAQ: NVDA ) says about its Q1 performance and potential guidance will hold sway over not only its stock but at least two other assets tied to the AI investing boom, according to Interactive Brokers (IBKR). ... Read the full article ...

2024-05-19 01:04:01 ET Summary Large-cap growth stocks have reasserted themselves in Q2, with the MAGS ETF and Nasdaq 100 reaching all-time highs. I have a buy rating on the Vanguard Russell 1000 Growth Index due to a reasonable valuation given EPS growth trends and its strong mom...

2024-05-18 18:00:00 ET Summary Mott Capital Management's Michael Kramer on market divergences, interest rates, and inflation. How many rate cuts will we see? The importance of understanding Fed actions and setting realistic expectations for the equity market. Bleak 2024 ea...

2024-05-18 12:35:24 ET More on IES Holdings and Plug Power Plug Power: Conditional DOE Loan Guarantee Meets Meme Stock Frenzy - Hold Plug Power: Consider Selling The Rally IES Holdings: A Hidden Gem Is On Fire Biggest stock movers today: Meme stocks, BABA, AL...

2024-05-18 11:39:00 ET Many investors don't try to hand-pick market-beating stocks. With index investing, you can benefit from the wealth-building long-term trends of the stock market with a single ticker. Many will settle for the broad S&P 500 (SNPINDEX: ^GSPC) index, tracked b...

2024-05-18 09:51:12 ET Summary The Fed has a 2% inflation goal for the US economy, but the meaning of this long-term goal is unclear. The long-term average for inflation is actually slightly above 3%, contradicting the Fed's 2% goal. Only a small minority of people are aware o...

2024-05-18 09:27:17 ET Summary Warren Buffett expects US corporate taxes to rise as the government faces pressure to narrow the fiscal deficit. Meanwhile, President Biden has called for the rate to rise to 28%. Considering that the aggregate tax rate of the S&P500 is currently...

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...