Seeking Alpha

SPY
SPDR S&P 500 Trust ETF

5/24/2012, 8:46 AM ET
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
SPY Market Currents more »
  • 8:34 AM How about a show of hands on who thinks the euro is headed lower, asked Goldman's Jim O'Neill at a January hedge fund conference, when the currency was about $1.26. Nearly every hand in the room shot up. Six weeks later, the euro was buying $1.35. "If Europe says something good," writes Upsidetrader, look for a big reversal in the euro, the dollar, and stocks. [Global & FX]
  • 7:09 AM Peter Lynch had the theory Mondays are typically bad for stocks because the weekend just gives the worrywarts time to worry. Eddy Elfenbein puts the idea to the test and finds the S&P is off 8.23% for all the combined Mondays since April 15, 2011. Tuesdays: The S&P has gained 20.05%.
  • Wednesday 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."
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: $0.770130
  • Dividend Date: 12/16/2011
For overall rating and ranking versus other ETFs get a free trial to XTF Premium
SPY Press Releases and Filings more »
Currently, there are no press releases or filings on SPY.
SPY Instablog posts more »
  • Nasdaq And S&P 500 Bouncing, But Face Stiff Overhead Resistance ($QQQ, $SPY, $COMPQ, $SPX)
    Thu, May 24 Morpheus Trading Group Comment!
  • Expectations On Thu May 24, 2012
    Thu, May 24 Lawrence Chan Comment!
  • Emini Futures | Robin Dayne The Traders Coach
    Thu, May 24 DeWayne Reeves Comment!
  • Stocks Race Off The Lows As European Bank Recapitalization Rumors Fuel Rally
    Thu, May 24 Joshua Hayes Comment!
  • The Dow Industrial Average Tested My Annual Value Level At 12,312.
    Wed, May 23 Richard Suttmeier Comment!
Write a post on SPY
SPY StockTalks
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