The Latest Breaking News from Spy

Survey investors in June and no doubt the bears are in charge. Then we go on a 2 month rally with 18% upside for the S&P 500 (SPY) and the bulls seem to be King of the Hill. Now we have backslid a bit over the past week. And the…

The S&P 500 (SPY) hit its first rough patch since mid-July. And, we've basically retraced the entire last leg higher. As we laid out in our previous commentaries, the conditions that contributed to the melt-up (bearish sentiment and positioning) remain intact albeit to a lesser degree. Similarly, the factors that…

Every investor appreciates that recessions and bear markets go hand in hand. But the definition of a recession often seems more difficult to pin down. So are we in a recession? And if not, then does that mean that disaster has been averted or that the pain train is still…

Friday’s Mega Millions jackpot has hit $1.1 billion, which could mark the second highest winning ticket for the jackpot game. Here’s a look at how much someone could take home and what they could choose to purchase with the winnings.

The bear market rally has extended further with a strong showing, following the Fed meeting and even more gains in the after-hours sessions due to strong reports from Apple and Amazon. Fortunately, we had been anticipating this and modestly increased our exposure and enjoyed some outperformance. In today's commentary, I…

The S&P 500 (SPY) has managed to pull off a fantastic bear market rally and now, we are off the mid-June lows by nearly 10%. In last week's commentary, we noted the bullish reactions to negative news like the CPI report which did get our spidey senses tingling. We also…

Bear markets require more patience than bull markets. That’s because the rallies are so impressive that it beckons you to come back on board only before crashing to new lows. Truly a “sirens song” for investors. Let 40 year investment veteran Steve Reitmeister explain to you why stocks (SPY) will…

The redesigned BMW should arrive for the 2024 model year.

Inflation news provides more signs the worst in the stock market (SPY) is not behind us. Earnings season is providing more signs the worst is not behind us. Economic reports are providing more signs the worst is not yet behind us. The only confusion is all the silly little "suckers…