SPY News and Press, SPDR S&P 500 From 06/25/24

2024-06-25 02:40:00 ET Summary The big news last week was that the Commerce Department reported that retail sales rose by only 0.1% in May, below the analysts’ consensus estimate of 0.3%. Like the G7 conference in Italy, the recent Ukrainian peace conference in Switzerland ...

2024-06-25 01:40:00 ET Summary I am beginning to wonder what will happen in a German federal election, due no later than October 2025, if the AfD continues to rise. The German DAX and the French CAC 40 stock market indexes were closely correlated before investors got wind of the p...

2024-06-24 21:02:04 ET Summary The value has lost ground to growth stocks for close to 18 months, despite strength in the underlying US economy. VOOV features high liquidity and a low cost, providing long-term investors a solid choice for factor exposure. Despite relative weak...

2024-06-24 17:56:24 ET More on Nvidia and the market Nvidia: The Blow-Off Top Ended, Be Prepared For What Is Next Dow, S&P, and Nasdaq ended mixed as tech stocks suffer Nvidia's Blackwell Finally Addresses An AI Bottleneck Amazon reportedly working on Cha...

2024-06-24 14:05:00 ET Summary While the market has gone up well above expectations in H1 and may be due for a normal pullback or healthy correction, earnings have been stellar, earnings growth well above expectations, and the markets are fully expecting an easing from the Fed, which ...

2024-06-24 13:15:02 ET More on the economy and the markets The Fed could be running the risk of delaying cuts too long - Pantheon Macroeconomics Dallas Fed Manufacturing Index stays in negative territory in June S&P 500 Earnings: Don't Ignore 2025 Estimates ...

2024-06-24 13:09:28 ET Summary The S&P 500 and NASDAQ have surged since the beginning of 2023, up 45% and 82% respectively over that span. However, I have some significant concerns about the forward outlook due to several major risks that have emerged. I share my concerns ...

2024-06-24 12:01:02 ET Summary Citi economic surprise index and Bloomberg economic growth surprise index sharply lower, potentially signaling stagflation or recession. The market suddenly thinks inflation has vanished after the May CPI report, but weak June data could prompt thoug...

2024-06-24 10:57:50 ET More on the markets U.S. Dollar Offered, But Intra-Day Momentum Indicators Are Stretched S&P 500 Earnings: Don't Ignore 2025 Estimates S&P 500: Hold Your Nose And Buy, Week Starting June 24th (Technical Analysis) 50 S&P stoc...

2024-06-24 10:40:00 ET Summary June flash PMI survey data showed the G4 major developed economies expanding for a seventh successive month in June. US saw strong economic growth, while Europe and Japan experienced slowdowns, with varying factors contributing to the divergences. ...