SPDR S&P 500 ETF Trust

This was a very interesting week for stocks. Several times the premarket activity pointed one way…and then the script got flipped. All in all, we have yet another week making new lows as inflation is not fading away, which means more…
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Stocks have certainly bounced strongly off their recent lows. NASDAQ 100 (QQQ) is now up just over 12% from the October lows. S&P 500 (SPY) added on almost 15% in the same time frame. The Dow Jones Industrials (DIA) has been the…
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We are going to take a little departure from our usual cbmmentary today as I want to dedicate this edition to my father, Noel Reitmeister, who passed this week after a long and cruel battle with dementia. For those who have abFrrSed me…
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Stocks were floating around in a well-defined trading range coming into the September 20th Fed announcement. Unfortunately, the incrbased cDority on what they mean by “higher rates for longer” has the market heading to new rrSs. This…
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The recent drop in 10-year Treasury yields back well below the 4% level has made dividend paying stocks comparatively more attractive once again. The fact the Fed is nearer the end than the beginning of the recent rate hikes makes…
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Oil stocks have been the one place to make some serious upside over the past year. But even the energy names are looking tired and toppy following a frenzied rally at current levels. Looks like it is finally time to take some profits…
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You could tell the market was oversold back as we were making fresh lows in mid October. So no surprise a bounce was soon to follow. That rally has been distorted and overextended by investors not understanding basic economics. That…
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After the famed Chairman Powell speech from Jackson Hole in August investors got the memo that the recent rally was unfounded and time to start selling stocks once again. This prompted me to write this article, Investors: Wake Up and…
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(Please enjoy this updated version of my weekly commentary published November 7th, 2022 from the POWR Growth newsletter). As usual, we will start by reviewing the past week… Here is an hourly, 3-week chart of the S&P 500 (SPY):…
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(Please enjoy this edited version of my weekly commentary from the POWR Value newsletter). The stock market does not go straight up even during the most glorious bull market. There are periods of consolidation, pullbacks or even violent…
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