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SPDR S&P 500 (SPY) Up on Solid Day for American, Emerging Market Stocks

By  +Follow January 14, 2014 8:04AM
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Global markets appeared to enjoy a universally positive day on Tuesday, with major indices up in America and abroad, pulling up some of the most-actively traded ETFs in the process.

DJIA, S&P 500, Nasdaq Have Big Days, Boosting American Equities ETFs

The Dow Jones Industrial Average was up over 0.5 percent by mid-day, with the S&P 500 approaching 0.9 percent gains and the Nasdaq up almost 1.5 percent in the same time frame.

This, in turn, meant the SPDR S&P 500 ETF ($SPY) was up about 0.9 percent, and the SPDR Dow Jones Industrial Average ETF ($DIA) gained over 0.5 percent. The PowerShares QQQ Trust ($QQQ) saw gains exceeding 1.75 percent, the Vanguard Total Stock Market ETF (VTI) jumped almost 1 percent, and the iShares Russell 1000 Value Index Fund ($IWD) was up about 0.75 percent. Small-cap companies weren’t left out of the party, with

Driving the gains were positive data on retail sales for December. December saw retail sales increase 0.7 percent excluding automobiles, gasoline, building materials, and food services.

“Christmas was not as bad as everyone thought,” said Chris Gaffney, senior market strategist with EverBank. “The markets were set up for a poor reading.”

It also showed resiliency for this market, with gains coming the day after the DJIA slumped some 179 points, or 1.1 percent.

"The retail sales are painting a better economic backdrop than payrolls did, and investors are using recent weakness as an opportunity to buy," said Mike Gibbs, co-head of the equity advisory group at Raymond James.

Emerging Markets ETFs Also Rising on China Stocks Bounce

Emerging market equities also saw gains, with the iShares MSCI Emerging Markets Index ETF (EEM) showing gains approaching 1 percent by mid-day. It was a return to strength after two rough weeks that had EEM down over 4 percent in 2014.

Much of this decline had been driven by plunging Chinese equities, with the Shanghai Shenzen 300 off 5.5 percent since the start of the year to yesterday and the Shanghai Composite Index falling 4.7 percent to 2,009.56 at the end of yesterday’s trading.

Tuesday, though, brought a rebound, possibly driven by investors seeing a market at its lowest since the start of August and searching out value-buys. The Shenzen 300 and Shanghai composite bounced almost 0.9 percent.

“With the market approaching the 2,000 level, some investors are bottom-fishing,” said Jingxi Investment Management Co.’s chief investment officer Wang Zheng. “Concern over IPO sales is still the biggest factor that is weighing on the sentiment as some of these companies are selling at very high prices.”

Major China ETFs were on the rise as a result, with both the iShares FTSE China 25 Index ETF (FXI) and the iShares MSCI China Index Fund ($MCHI) jumping just over 1 percent.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


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Results for SPY
Danan Kirby
27 Apr 15 20:23:35
"@Inst_Insider: I like to $STUDY #ETF flows. Where are investors coming/going. $SPY $VOO $HEDJ $VTI #data"
Andrew Hecht
27 Apr 15 20:22:23
Gold – All signals point south http://t.co/B7ZST7a7PG $GC_F $GLD $IAU $SPY
Steven Brown
27 Apr 15 20:15:46
RT @WallStreeTopGun: Harvard Current Study Underway: The damage the @federalreserve is doing to our youth. Validating that bad behavior is …
Cody Freeman
27 Apr 15 20:14:56
RT @jfahmy: A Few Thoughts on Monday’s Selloff: http://t.co/qhOQpLbqgF $SPY $QQQ $IWM $MSFT $AMZN
1st Penny Stocks
27 Apr 15 20:14:19
RT @candidbanter: Seems Larry and I are both on the same page on this one-- hit my screens today as well. #stocks #trading $SINA $SPY http…
CandidBanter
27 Apr 15 20:13:31
Seems Larry and I are both on the same page on this one-- hit my screens today as well. #stocks #trading $SINA $SPY https://t.co/zNnytGYGy1
royfberger
27 Apr 15 20:11:05
Be water, my friends. Be water. $MSFT $SPY $F $AAPL $HYG $IMAX $RIG $YHOO $USO $HUN http://t.co/8mR4s08jCl http://t.co/zLF1U9eoqW
IG DVAT
27 Apr 15 20:09:36
RT @jessefelder: NEW POST: It’s Going To Take A Major Bear Market Before Stocks Can Live Up To Investors’ Lofty Expectations http://t.co/Rh…
CandidBanter
27 Apr 15 20:08:05
So... as long as $AAPL doesn't have a phone flop-- were all good--- right??? #stocks #trading #money $SPY $QQQ http://t.co/vD8i0SEPoJ
Christian Burke
27 Apr 15 20:07:18
RT @jessefelder: Is this the last hurrah for stocks? http://t.co/PnrwiDquIP by @humblestudent $SPY $QQQ http://t.co/yMN8NLilzk
Mehul
27 Apr 15 20:05:30
RT @jfahmy: A Few Thoughts on Monday’s Selloff: http://t.co/qhOQpLbqgF $SPY $QQQ $IWM $MSFT $AMZN
Gweneth Janicki
27 Apr 15 20:04:25
RT @ppearlman: "the easy money has been made" "@StockTwits: This is just an amazing find from @tmfhousel at the WSJ - $SPY" http://t.co/WMM…
Becky Hiu
27 Apr 15 20:04:05
"@jfahmy: A Few Thoughts on Monday’s Selloff: http://t.co/SZxDNy4Ib6 $SPY $QQQ $IWM $MSFT $AMZN" thanks!
CandidBanter
27 Apr 15 20:01:38
$DOV -- nice move today and working to breakout of base. Gap towards $81 as well. #stocks #trading #money $SPY $QQQ http://t.co/UyMyJ1xcrH
Venky Srinivasan
27 Apr 15 20:01:00
"@jfahmy: A Few Thoughts on Monday’s Selloff: http://t.co/AzoK1iclqR $SPY $QQQ $IWM $MSFT $AMZN"
1st Penny Stocks
27 Apr 15 20:00:59
RT @candidbanter: $TSLA had a strong breakout today-- appears goes higher. #stocks #trading #money $SPY $QQQ http://t.co/ps6j2t6vTr
SmallCaps
27 Apr 15 19:58:12
http://t.co/95MeFPpo9R <-- Change your life and beat the wall street scammers at their own game! $USO $UWTI $TSLA $SPY
Joseph Fahmy
27 Apr 15 19:57:38
A Few Thoughts on Monday’s Selloff: http://t.co/qhOQpLbqgF $SPY $QQQ $IWM $MSFT $AMZN
Jack V
27 Apr 15 19:57:05
RT @ChartLearning: Are The Bulls In Trouble? http://t.co/73K5JQJPxc $SPY $QQQ $SPX $DIA
CandidBanter
27 Apr 15 19:56:44
$TSLA had a strong breakout today-- appears goes higher. #stocks #trading #money $SPY $QQQ http://t.co/ps6j2t6vTr
Jason Freeman
27 Apr 15 19:56:29
Are The Bulls In Trouble? http://t.co/73K5JQJPxc $SPY $QQQ $SPX $DIA
Christian Hernandez
27 Apr 15 19:54:33
RT @forexstatus: Dollar weak and Standard and Poors 500 all time high: http://t.co/f5oAsu1G2Y $SPX $ES_F $SPY
Tom Loffman
27 Apr 15 19:53:56
Indicator commentary $SPY: Indicators net bullish despite today's pullback. Biotech hit hard today, and many popular stocks hit, VIX popped.
Tom Loffman
27 Apr 15 19:53:09
Indicator summary $SPY: Positive: price mo, MACD signal, range, volume and VIX trends. Negative: none. Neutral: VIX level. Net = bullish.
Wall Street Forecast
27 Apr 15 19:49:17
$ES_F $SPY -- Nightly stats have been posted http://t.co/htmB7xXjdb
Robert Walker
27 Apr 15 19:47:38
RT @forexstatus: Dollar weak and Standard and Poors 500 all time high: http://t.co/f5oAsu1G2Y $SPX $ES_F $SPY
Moneyflip MD
27 Apr 15 19:46:14
$AMCN $KOS $PBR $DANG $ADXS $CANF $CDE $UEC http://t.co/RnJb7t5p2l $IBB $SPY $IWM #daytrading #stocks #swingtrading
Simon Kazinsky
27 Apr 15 19:45:04
Dollar weak and Standard and Poors 500 all time high: http://t.co/RH62KgkzNX $SPX $ES_F $SPY
Forex Status
27 Apr 15 19:45:02
Dollar weak and Standard and Poors 500 all time high: http://t.co/f5oAsu1G2Y $SPX $ES_F $SPY
C King
27 Apr 15 19:43:08
Not sure about everyone else but we are getting out $spy $es_f $SPX $voo before the May drop. Good luck. #stockmarket bearish
Wall Street Forecast
27 Apr 15 19:41:00
$GLD $GSK $SPY OSS Nightly Stats http://t.co/rmLnRxbUXk
TalkMarkets Recap
27 Apr 15 19:39:02
3 #EnergyETFs With Strong Gains Over A Month $XLE $SPY $XES $XOP $FRAK http://t.co/jBC3LWMrfX
TV_Trading Ideas
27 Apr 15 19:34:46
$SPY $SPY http://t.co/UO50NNpI2l
Mehul
27 Apr 15 19:34:46
$SPY chart: $SPY. http://t.co/QhH0xaYnXe
Swiss
27 Apr 15 19:27:35
RT @etfguide: PODCAST: "Complexity is the enemy of exucution..." http://t.co/b3mYb5STyk $SPY $GS $C #PortfolioReportCard
Keybot the Quant
27 Apr 15 19:22:17
#Keybot the #Quant #algo goes short at $SPX 2109 this afternoon. Watch $XLF 24.19. #wallstreet #cnbc #bloomberg $SPY $QQQ $RUT #stocks $DIA
RedBridgeCapitL LLC
27 Apr 15 19:21:32
http://t.co/LcfwhHztYS Trade locations for 4/28 #ES_F $ES_F $SPY http://t.co/OtsKRbwZV8
Market Jolt
27 Apr 15 19:17:47
Matt Duffield published a new prediction on $SPY. Check out the analysis at http://t.co/3ITvtpjmvd. Sign up & make predictions of your own!
Wayne Nguyen
27 Apr 15 19:14:01
$SPY Maket recap http://t.co/cVCJecnROp
PlanetLiveStream
27 Apr 15 19:11:12
DowdEdward: LIVE on #Periscope: A Storm is Coming! $SPY https://t.co/cUZ9Mgb7hA
Edward Dowd
27 Apr 15 19:10:06
LIVE on #Periscope: A Storm is Coming! $SPY https://t.co/iBvA3KV8bI
Bryan pasaribu
27 Apr 15 19:09:06
#KCA #VoteJKT48ID whey2muscle: Market internals begin to weaken … via AndrewThrasher $SPY
#HelpYouGetGAINS
27 Apr 15 19:08:36
Market internals begin to weaken http://t.co/vcoZRe2DWT … via @AndrewThrasher $SPY
BTFD
27 Apr 15 19:06:09
RT @etfguide: PODCAST: "Complexity is the enemy of exucution..." http://t.co/b3mYb5STyk $SPY $GS $C #PortfolioReportCard
Christopher
27 Apr 15 19:04:26
RT @etfguide: LISTEN: Spending Rules for Investors! (Audio) http://t.co/5o7b2re0j6 $SPY $QQQ $DIA
PENNYBUSTER
27 Apr 15 18:53:32
RT @stevenurse2020: The Chinese stock market is looking a lot like a certain 2007 bubble we all remember http://t.co/7j37QxTbmZ $YINN $FXI …
Stock Market Picks
27 Apr 15 18:48:36
Solid #Strategy, Up to 900% #trading long positions from #NASDAQ 100, Ira account compatible http://t.co/1mj6DSmvnz $QQQ $SPY $DIA
Stock Market Picks
27 Apr 15 18:48:19
#Trade Liquid #stocks from #Nyse, Long and Short trades, up to 2000% in cumulative profits since 2010. http://t.co/HLNIj9gEAb $DIA $SPY
Stock Market Picks
27 Apr 15 18:48:14
Simple strategy #trading long and short #stocks from #NASDAQ, up to 2100% in cumulative profits since 2010. http://t.co/81YbAC6E15 $QQQ $SPY
Eric Lubina
27 Apr 15 18:38:05
$SPY small rdr on light volume. We needs some rest at some point. Having a cash position is recommended in caution zones.
				
				
By  +Follow January 14, 2014 8:04AM
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