SPY News and Press, SPDR S&P 500 From 06/19/24

2024-06-19 23:32:28 ET Summary Retail sales declined in May and were downwardly revised for prior months, suggesting the consumer is in trouble. A better picture of consumer spending comes from the personal spending report that includes services, as well as goods. That picture...

2024-06-19 22:40:00 ET Summary Real Retail Sales are holding at an elevated level, very likely due to consumers being forced to abandon the many small retailers not reported. Industrial Production continues to move sideways at a level similar to prior peaks. The equity markets...

2024-06-19 01:27:46 ET Summary Macroeconomic insights for portfolio positioning. US Consumer data is holding up for now despite significant challenges like high interest rates, inflation and skyrocketing debt. Market indicators also continue to suggest bullish trends. The...

2024-06-18 15:06:18 ET Avi Gilburt, founder of ElliottWaveTrader and SaferBankingResearch.com, warned that technical signals suggest the S&P 500 ( SP500 ) could be near a "topping event" that could spark a "13- to 21-year bear market."... Read the full article on Seeking Alpha...

2024-06-18 13:24:50 ET More on the markets Microsoft is the AI Bugatti, Amazon is the minivan: Wedbush's Dan Ives at SA Summit Warning Flags For The Stock Market Consumer Survey Shows Rising Bullishness Nasdaq, S&P, Dow open little changed after retail sa...

2024-06-18 12:30:00 ET Summary Picking a portfolio of currently attractive stocks is becoming more difficult around the world, both for the portfolio managers and business managers. This is emphasized by the media’s attention on popular indices, where a small number of stoc...

2024-06-18 12:20:32 ET More on markets Volatility Is All But Gone While The Economy Sends Mixed Signals SPY Is Sub-Optimal For Long-Term Diversified Investors Money manager bullishness hits 2-1/2 year high - BofA survey Record high after record high: What are...

2024-06-18 12:18:40 ET The neutral rate – the point at which interest rates neither accelerate nor hurt economic growth – has increased, according to two strategists speaking at the Seeking Alpha Investing Summit on Tuesday. ... Read the full article on Seeking ...

2024-06-18 12:03:10 ET Summary Retail sales in the U.S. grew by +0.09% in May 2024, lower than the expected +0.30%. Data for prior months were revised downward significantly. The report generally confirms that the US economy has been slowing substantially during April and May....

2024-06-18 09:30:00 ET Summary Calamos Convertible and High Income Fund is a closed-end fund that invests in Convertible Securities, Corporate Bonds & other Fixed-Income securities. Like other funds in the Convertibles space, CHY uses a significant amount of leverage. CHY'...