The S&P 500 hit a new 52-week high last week and three sectors joined the index with new highs of their own: the Technology SPDR, the Consumer Discretionary SPDR and the Consumer Staples SPDR. Note that I am basing the new highs on price chart using unadjusted prices, which do...
S&P 500, U.S. Stock ETF Rally May Still Have Legs
U.S. stock exchange traded funds have enjoyed a strong rebound for the year so far, and if history has any say in it, the bullish market momentum could continue through the year’s end. The S&P 500, along with related ETFs that track the benchmark like the SPDR S&P 500 ETF…...
Investors are more worried than ever that a major recession or market crash is right around the corner
Investors are growing increasingly worried about market volatility, fearing that it means a downturn is ahead, according to a recent survey by Allianz Life.While the S&P 500 has soared to new highs and bonds have rallied, there have been rocky days in financial markets as drivers like the US-China trade...