Dragon Claws This article series aims at evaluating ETFs (exchange-traded funds) regarding past performance and portfolio metrics. Reviews with updated data are posted when necessary. EPS strategy WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) was formerly known as WisdomTree U.S. Earnings 500 Fund ETF (as of writing, the latter name is still used on Seeking Alpha). EPS…
Khaosai Wongnatthakan One of the biggest advantages of older ETFs is also a major disadvantage. On the one hand, it’s easy to look at various time frames to see when it outperformed the market; this gives you opportunities to look for similar signals in the future. Ironically, that’s also a drawback because too much historical…
blackred The S&P 500 ETF (NYSEARCA:SPY) gapped up 1% at the open this morning, so below we wanted to provide a quick summary of how the ETF has typically traded on days when it gaps up 1%+. As shown in the table below, 1%+ gaps higher on a Friday have been the second most frequent…
DNY59 The SPDR S&P 500 ETF (NYSEARCA: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. Data by YCharts That being said, the forward…
Apple Inc.‘s (NASDAQ:AAPL) investors have gotten used to attractive returns over the course of the last two decades as the company stayed at the forefront of technological innovations, delivering massive 25.6% EPS growth annually since 2003. Since then, the stock is up more than 65x, confirming American engineering ingenuity, fueling one of the major success…
Viktor Aheiev/iStock via Getty Images At some point in my coverage of the SPDR® S&P 500 ETF Trust (NYSEARCA:SPY, SP500), I stopped trying to time the market. The plethora of negative macro data and potential consequences I reported on in my bearish articles didn’t pan out in the end, and I decided to provide food…
pcess609 This monthly article series reports sector metrics in the S&P 500 index. It is also a top-down analysis of all ETFs based on the S&P 500. Fast Facts on BBUS JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) was listed on 03/12/2019 and tracks the Morningstar® US Target Market Exposure Index. This large and mid-cap index…
John Kevin Investment thesis My first bearish thesis about the SPDR S&P 500 ETF (NYSEARCA:SPY) did not age well, since the ETF rallied by almost 18% since late October. I am a mentally healthy person and will unlikely ever bet against the largest U.S. corporations from a long-term perspective. Still, I expected a temporary pullback…
Francesco Carta fotografo/Moment via Getty Images Momentum factor strategies aim to overweight securities with strong relative recent price performance based on the idea that in the near term, what is “up will go up.” The Vanguard U.S. Momentum Factor ETF (BATS:VFMO) is an ETF that targets U.S. large and mid-cap Momentum stocks. VFMO is actively…
marrio31 Investors heeding my “hold” rating on the SPDR S&P 500 Trust ETF (NYSEARCA:SPY) in my last analysis “SPY: An Early Contrarian Opportunity” published on October, 10, 2023 benefited from substantial positive momentum, marked by a strong trailing support and relative strength. Anticipating a 10% return with low risk, they capitalized on SPY’s brief dip…
ronniechua After a 25% gain in 2023 the SPDR® S&P 500 ETF Trust (NYSEARCA:SPY) now faces three major near-term headwinds that combine with extreme valuations to create an exceptionally poor risk-reward outlook. These include an array of bearish divergences across US assets, widespread complacency in options markets, and excessive optimism about Fed rate cuts. The…
Bet_Noire Stocks have screamed higher due in part to mechanical flows and in part due to this crazy belief that the Fed will be aggressively cutting rates in 2024. At this point, it is too soon to know how much the Fed will cut rates in 2024; after all, last year, the market was pricing…
Alexey_Arz The S&P 500 (SP500) and its replica fund, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) touched a new 2023 high recently and have now seen a 21% rise year-to-date [YTD]. This is significantly higher than the 11.6% average annual returns seen over the past decade. With the year ending, the big question now is…
Kameleon007 The 200-day simple moving average (SMA) has long been used as a demarcation line to determine a bullish or bearish bias in the underlying security. This article will look at a study of monthly closing prices compared to its 200-day SMA to determine if you should be long or out of the SPDR S&P…
marrio31 Investors have seemingly accepted the narrative of a soft landing with a face-ripping rally in the SPDR S&P 500 ETF (NYSEARCA:SPY) over the past couple of weeks. As the following chart highlights, SPY has enjoyed a euphoric rise of nearly 10% since October 27th. Data by YCharts This has pushed the year-to-date gains back…
Presley Ann/Getty Images Entertainment What if I told you there is an exchange-traded fund (“ETF”) that gives you exposure to the 500 largest companies in the U.S. and it doesn’t charge a management fee? That sounds like a great deal, right? I was intrigued by the SoFi Select 500 ETF’s (NYSEARCA:SFY) unique value proposition of…
martin-dm/E+ via Getty Images Investment thesis From the secular point of view, I am a big fan of the U.S. stock market because it has a stellar growth history over the long term. But past profits are not a guarantee of future success, especially if we talk about the foreseeable future. The current environment is…
Adam Gault The U.S. economy is currently experiencing a rare event that hasn’t been witnessed since 1949: a shrinking money supply. M2 has declined by a whopping ~$700 billion since the hiking cycle began. This phenomenon is sparking discussions and debates about its causes, implications, and effects on various financial instruments, including the SPDR® S&P…
John Kevin After the Fed’s last meeting, the “higher-for-longer” mantra pushed interest rates higher and equity markets lower. At the moment of writing, the ten-year nominal treasury yield has hit 4.75%, the highest point since August 2007. U.S. Generic Government 10-Year Yield (Bloomberg Terminal) However, even more important than nominal yields are real yields. A…
tadamichi We normally favor being overweight stocks over bonds for the simple reason that they have historically outperformed bond returns by several percentage points. For example, if we compared the total returns of the S&P 500 index ETF (NYSEARCA:SPY) with the Vanguard Total Bond Market ETF (NASDAQ:BND), the outperformance is quite clear. Data by YCharts…
Torsten Asmus S&P 500 (NYSEARCA:SPY) was down for 3 straight days after the Fed’s meeting. Fed just announced their most recent assessment of the economy, and we believe there are a few points that investors should consider for the management of their portfolios in 2024. 1. Fed Shifts Attention from Inflation to Unemployment While Fed…
RyersonClark My investment process starts with this assumption: ANY investment can go up in price at ANY time. So when I looked at some charts of the major market indicators, I don’t eliminate any possible outcome. This is one of the most dangerous times in my 30-year investing career to make ANY all or nothing…
G0d4ather Thesis The Enhanced Equity Income Fund (NYSE:EOI) is an equity closed end fund. The vehicle falls in the ‘buy-write’ category. We have covered this name before and actually own it. As per our prior articles, this CEF closely tracks the S&P 500 performance from a total return perspective, and represents an attractive way to…
Rawf8 Two major negative events hit the S&P 500 (SP500) this week: 1) crude oil spiked over the resistance as Brent Crude Oil crossed the $90/barrel mark, and 2) the Chinese government announced plans “to expand a ban on the use of iPhones to government-backed agencies and companies”. Both of these events are related, as…
Astrid Stawiarz The SPDR® S&P 500 ETF Trust (NYSEARCA:SPY) is overvalued in our view and likely to underperform its historical performance average in the coming years. Moreover, it faces a plethora of potential negative catalysts that could further hamper total return performance in the near future. In this article, we will compare and contrast our…