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....
Read the full article on Seeking Alpha
For further details see:
SPY: The Setup Looks Extremely Bearish