Seeking Alpha

SPDR S&P 500 Trust ETF (SPY)

  • Jun. 4, 2013, 1:47 PM
    Stocks turn notably lower in afternoon trade, the S&P 500 (SPY -0.7%), the Nasdaq 100 (QQQ -0.6%), and the Dow (DIA) off triple digits. Interest rates were higher earlier, but falling equities have given Treasurys a renewed bid. Posting sizable gains earlier, junk bonds (HYG, JNK) have returned to flat on the session.
    | Comment!
  • Jun. 4, 2013, 12:14 PM
    Popular dividend ETFs - HDV, VYM, VIG, SDY, DVY among them - have fared worse than the SPY as interest rates have risen of late. Credit Suisse narrows the risk down further, identifying 20 stocks with the biggest share of their float held by dividend ETFs. This basket includes Cincinnati Financial (CINF) and Pitney Bowes (PBI) and it's off 3.4% since Ben Bernanke's May testimony, twice as much as the broad market. We'll post the other 18 as they come available.
  • Jun. 4, 2013, 10:51 AM
    BNP's "Love-Panic Index" signals a correction ahead as it crossed into "love" territory a few weeks back. Past experience says to brace for an average 12% decline in the S&P (SPY) over the next 6 months. The biggest drivers of the recent move into "love" have been State Street's Investor Confidence, the CFTC's COT report, falling short interest, rising Nasdaq to NYSE trading volume, and small caps (IWM) outperformance over large caps (IWB).
  • Jun. 4, 2013, 6:55 AM
    Futures (SPY, QQQ) are flat following yesterday's modest rally. It looks like we're not going to be able to take our eye off U.S. interest rates for awhile, so Treasurys are modestly higher, with the 10-year yield at 2.13%.
  • Jun. 3, 2013, 10:15 AM
    The weak ISM report gives a boost to Treasurys (TLT +0.2%) - now reversing early losses - and in turn, stocks, the S&P 500 (SPY +0.3%). New Orders fell to 48.8 vs. 52.3 previously. Production 48.6 vs. 53.5, Employment steady at 50.1, Supplier deliveries 48.7 vs. 50.9, Prices about steady at 49.5, Backlogs 48 vs. 53. (full report)
    | 1 Comment
  • Jun. 3, 2013, 7:39 AM
    Markets must be getting close to a bottom if rising chatter about the dreaded Hindenburg Omen is as good of an indicator as it's been in the past. Still basking in glory from foreshadowing the 1987 crash, the indicator is typically a false alarm, now dubbed "a common pick-up line at permabear cocktail parties," by Barry Ritholtz.
  • Jun. 2, 2013, 9:28 PM
    The Nikkei is lower by 2.2% in Tokyo, but Nikkei 225 futures are actually higher by 0.2% on the session as the early dive is not as bad as might have been expected by Friday's close in the States. It may be helping S&P 500 (SPY) futures, which are ahead by 0.3%.
  • Jun. 1, 2013, 9:15 AM
    Spinoffs continue to live up to their reputation for market-beating returns with the Bloomberg Spin-Off Index up 60% Y/Y. Sifting through this year's large class, Barron's likes CST Brands (CST, also liked by SA Pro's Daniel Phillips), and Blackhawk Network (HAWK). Another oft-profitable play is buying the parent before the spinoff, and Ingersoll-Rand (IR) - ahead of its security business divestment - may fit the bill. There's also the Guggenheim Spin-Off ETF (CSD) which has consistently beaten the SPY since its inception more than 6 years ago.
  • May. 31, 2013, 4:16 PM
    It looks like Treasury yields finally got high enough to trigger a big rotation out of stocks and into fixed-income. Something seemed to snap when the 10-year rose to 2.20% this afternoon - the resulting action saw money pour out of equities (SPY -1.4%) and into Treasurys (TLT -0.3%), with the 10-year yield falling back to close at 2.14%.
  • May. 31, 2013, 6:51 AM
    S&P 500 (SPY) futures -0.5% and Nasdaq 100 (QQQ) futures -0.6% after the Nikkei can't hold a big opening rally and closes just 0.5% higher and Europe is caught in a moderate selloff. Treasury yields - for the moment - break out of their run higher - the 10-year off 4 bps to 2.07%.
    | 1 Comment
  • May. 30, 2013, 6:59 AM
    S&P 500 (SPY) futures +0.2% and Nasdaq 100 (QQQ) +0.1% erase overnight losses following another plunge (5.15%) in the Nikkei. Europe shrugs it off as well, the Stoxx 50 (FEZ) + 0.8%, led by a 1% gain in Italy.
    | 1 Comment
  • May. 29, 2013, 7:05 AM
    S&P (SPY) futures -0.6% and Nasdaq 100 (QQQ) futures -0.5% as yesterday's carnage in bonds and levered income stocks catches up to the major averages. Europe gives up its gains from yesterday as well, the Stoxx 50 -1.3%.
  • May. 28, 2013, 6:48 AM
    S&P (SPY) futures +0.7%, Nasdaq 100 (QQQ) +0.9% after the long weekend as Europe logged moderate gains Monday and is up sharply today, the Stoxx 50 (FEZ) +1.3%. Japan tumbled anew (3.7%) on Monday, but gained 1.2% back last night.
    | 1 Comment
  • May. 24, 2013, 9:52 AM
    AUM at the year-old Global X Top Guru Holdings ETF (GURU) are up more than 1,000% YTD as its strong performance (up more than 40% since inception vs. about 30% for the SPY) lures investors. The fund invests by studying 13F filings and rebalances quarterly. Other funds based on hedge fund positions - ALFA and QAI - are also trailing GURU.
    | Comment!
  • May. 24, 2013, 7:01 AM
    Stock index futures are shaky after an ugly session in Japan. Following its 7.3% plunge on Thursday, shares bounced nearly 4% as the yen resumed sinking. This soon reversed and shares plunged anew - dropping about 7% from their session high. The Nikkei eventually eked out a small gain as the yen (FXY) closed stronger again, dollar/yen falling 0.6% to ¥101.46. S&P 500 (SPY) futures -0.5%, Nasdaq 100 (QQQ) -0.5%. Japan: EWJ -2.6%, DXJ -3.7% premarket. Europe (FEZ) -0.5%.
  • May. 23, 2013, 11:05 PM
    The smart money is selling, writes Ukarlewitz, commenting on the plummeting Smart Money/Dumb Money Confidence Index from SentimenTrader. The measure has a reasonable track record over the last few years at pointing out market tops and bottoms, and it's screaming "top" right now. Whether it's a 5% correction or something worse remains to be seen, but insiders see something bad coming and they're bailing out.
Visit Seeking Alpha's
SPY vs. ETF Alternatives
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.
See more details on sponsor's website
Country: United States
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub