Today is going to be make or break for spy, if it can't hold this $300 level, then we are going down. I am trying to stay mostly cash until we get a confirmed direction. However, Vaccine companies like Gild, MRNA, AZN, INO might be interesting to watch, Same with DGLY for body cam and DD for tear gas since we have fresh protest again. BA and Shop can be a nice play either for shorting or for long once we confirm market direction.
WHAT IS SPY? The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500® Index. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index (the âPortfolioâ), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.