SPY Stock Discussion

SPDR S&P 500 Description

The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P 500 Index. The Trust holds the Portfolio and cash and is not actively "managed" by traditional methods. To maintain the correspondence between the composition and weightings of Portfolio Securities and component stocks of the S&P 500 Index, the Trustee adjusts the Portfolio from time to time to conform to periodic changes in the identity and/or relative weightings of Index Securities.

Keywords: Exchange Traded Fund ETF Investment Management S&P 500 Index CBOE

TraderMike 24 days ago

Some impressive flatlining by SPY.  It's been chopping around in a pretty narrow range for about 6 weeks now.  Note how the 10 and 20-day moving averages have converged and are basically horizontal. Something's got to give soon... I hope.
SPY_flatline.png 126 KB

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