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SPY
SPDR S&P 500 Trust ETF

5/23/2012, 4:26 PM ET
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SPY Market Currents more »
  • 11:26 AM Today's decline puts the S&P red on a Y/Y basis, -1.1% vs. +29.6% for everyone's favorite hated asset class (TLT). SPY is +4% YTD, but being threatened by Treasurys, +2.4%. On this day in 2000, the S&P opened 7% higher than its current level, notes Pattern Traders.
  • Tuesday 10:55 AM A nice bookend to Goldman's bell-ringing March 21 buy stocks/sell bonds call, David Kostin and crew are today out with a bearish note warning about poor near-term prospects for stocks. The S&P vs. Treasurys in the period before and after the March 21 boner.
  • Tuesday 7:29 AM As of last Friday, Jeff Saut's key technical indicators were in historic negative territory. In past cases, he says, major market averages were higher a month later 92% of the time. "You can have cheap equity prices, or you can have good news, but you can't have both," says Joe Rosenberg. We currently have "bad news" and "cheap prices." Take advantage.
  • Monday 8:24 AM The DJIA completed its 3rd consecutive week of losses last week - something that's only happened 9 other times in the history of the index, says Jason Goepfert. The subsequent performance in those other instances "wasn't particularly consistent or inspiring."
  • Friday 8:09 AM Some perspective on the move out of risk and into fear: The VIX is up 47.5% since May 1 and the put/call option ratio and put option volume are at their highest since the August 2011 panic. Of 13 trading days in May, the S&P has been down on 10. A tradeable bottom? Maybe, but the VIX is nowhere near its 2011 high. (see also)
  • Thursday 5:58 PM A contrarian buy indicator? The AAII's latest investor sentiment survey shows bullish sentiment falling to a mere 23.6% (down 180 bps) for the week ending 5/16. Bearish sentiment is nearly twice that at 46% (up 390 bps), and Neutral sentiment is at 30.4% (down 210 bps). (previous) [U.S. Economy]
ETF Stats
  • Expense Ratio: 0.09%
  • Average Bid Ask Ratio: 0.01%
  • Tracking Error: 0.13%
  • Concentration Risk: 7.90%
  • Capital Gains Dist. %: 0.00%
  • Number of Securities: 500
  • Dividend Amount: $0.770130
  • Dividend Date: 12/16/2011
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SPY Press Releases and Filings more »
Currently, there are no press releases or filings on SPY.
SPY Instablog posts more »
  • Gold Prices Could Tumble If Dollar Soars
    Wed, May 23 Przemyslaw Radomski Comment!
  • Positive Divergence: Dollar Vs. Market Suggest Stock Rally Soon
    Wed, May 23 InTheMoneyStocks.com Comment!
  • Global ETFs Warned Of US Weakness
    Wed, May 23 TomAspray Comment!
  • Expectations For Wed May 23, 2012
    Wed, May 23 Lawrence Chan Comment!
  • ETF SPY: Revisiting Greece..Good Morning Bears, Time To Wake Up!
    Wed, May 23 John Mylant Comment!
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SPY Description
The SPDR® S&P 500® ETF is a fund that, before expenses, generally corresponds to the price and yield performance of the S&P 500 Index. Our approach is designed to provide portfolios with low portfolio turnover, accurate tracking, and lower costs.
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Country: United States