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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
_JamisonG_
25 May 15 12:30:59
$SPY is making higher highs while hinting of future weakness http://t.co/3QfEhtfMLB @CapGainr $VIX
James DiPlata
25 May 15 12:30:30
RT @Sentiquant: #toptickertweets $AAPL $GOOG $FB $TWTR $SPY $AMZN $BABA $GLD $GOOGL $TSLA #sentiquant 20150525 15:00:06:798
The LincolnList
25 May 15 12:30:04
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HULK
25 May 15 12:28:39
RT @_thebigbadwolf_: Bill Gross: I think that the 35-year bull market in bonds & stocks is ending http://t.co/1aUjsPWzln $SPX $SPY $DIA #DA…
HULK
25 May 15 12:28:24
RT @_thebigbadwolf_: Investors pulled out $1.8 billion from domestic equity funds, over the week ended Wednesday http://t.co/BPEIiuhs3v $SP…
HULK
25 May 15 12:28:20
RT @ppprophet: David Stockman on the economy: The stockmarket is going to CRASH $SPX $SPY $VIX $TVIX $VXX $QQQ $SQQQ #DAX #CAC40 #SMI #sto…
TrendTrader4u
25 May 15 12:26:54
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Amy
25 May 15 12:24:49
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binaryoptionsocial
25 May 15 12:24:36
RT RT RT #toptickertweets $AAPL $GOOG $FB $TWTR $SPY $AMZN $BABA $GLD $GOOGL $TSLA #sentiquant 20150525 15:00:06:7… http://t.co/wDYvaxvFtF
binaryoptionsocial
25 May 15 12:24:36
RT RT #toptickertweets $AAPL $GOOG $FB $TWTR $SPY $AMZN $BABA $GLD $GOOGL $TSLA #sentiquant 20150525 15:00:06:798 … http://t.co/wDYvaxvFtF
GERASIMOS_TSIMARAS
25 May 15 12:24:34
RT @ArthurHill: I promise to talk about the trend, the whole trend and nothing but the trend..... $SPX $SPY and some long trends http://t.c…
binaryoptionsocial
25 May 15 12:20:52
RT RT #toptickertweets $AAPL $GOOG $FB $TWTR $SPY $AMZN $BABA $GLD $GOOGL $TSLA #sentiquant 20150525 15:00:06:798 … http://t.co/XG5hVFJGig
StockTicks
25 May 15 12:18:22
RT @TMcNasty: $SPY - Light volume today... hmmmm
Jon Boorman
25 May 15 12:16:23
RT @ArthurHill: I promise to talk about the trend, the whole trend and nothing but the trend..... $SPX $SPY and some long trends http://t.c…
Joanne
25 May 15 12:15:57
RT @sofitrader: George Soros' largest position right now is a put on the S&P 500 -> http://t.co/pxHFxr8UDu $SPY $SPX $VIX #DAX #FTSE #NYS…
Joanne
25 May 15 12:15:03
RT @_thebigbadwolf_: Investors pulled out $1.8 billion from domestic equity funds, over the week ended Wednesday http://t.co/BPEIiuhs3v $SP…
Jason
25 May 15 12:14:36
RT @AffluenzaVirus: Check out our new and improved website! $SPY $SPX http://t.co/odReKJSIFF http://t.co/1bu3tTls8N
binaryoptionsocial
25 May 15 12:08:55
RT #toptickertweets $AAPL $GOOG $FB $TWTR $SPY $AMZN $BABA $GLD $GOOGL $TSLA #sentiquant 20150525 15:00:06:798 http://t.co/wDYvaxvFtF
7-13 Capital LLC
25 May 15 12:06:34
The Market Could Turn Bloody $IBB $QQQ $SPY http://t.co/SSgkHm4I8q
TheStreetOptions
25 May 15 12:03:09
How To Short A Stock - $spy Please #RT http://t.co/asSJ5UeRrz
StockenheimerSchmidt
25 May 15 12:02:59
Our Penny Stock Pick On $TLFX Gained 70% in the past week and a half! Big Things coming: http://t.co/uooe3E8vs2 $LEN $SPM $SPY
Ron DeLegge
25 May 15 12:02:36
RT @etfguide: $SPY $QQQ $DIA http://t.co/C6dP40muca
Stock Dawgzz
25 May 15 12:01:21
$DRNK Has Become One Of The Fastest Moving Penny Stocks In The Past 2 weeks! Big News: http://t.co/vFCVfPSxdM $LEN $SPM $SPY
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25 May 15 12:00:34
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Sentiquant
25 May 15 12:00:04
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1929
25 May 15 11:59:58
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Alpha Maven Alerts
25 May 15 11:59:52
$YUM sentiment rise to: 0.86, change: +0.81, sdr: 1.03, 1H, 3:00 PM, #nyse $SPY
Alpha Maven Alerts
25 May 15 11:59:51
$T sentiment rise to: 0.88, change: +0.68, sdr: 1.04, 1H, 3:00 PM, #nyse $DJI $SPY
Alpha Maven Alerts
25 May 15 11:59:50
$BAC active, relative volume: 3.06, 1H, 3:00 PM, #nyse $SPY
Stockaholics
25 May 15 11:57:57
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Barry
25 May 15 11:52:54
RT @seeitmarket: Weekend Reading: Preparing For The Short Week - http://t.co/dy5m2yX2yD $SPY $AAPL $SLV $JNK $CL_F $ZC_F
Rob Moreno
25 May 15 11:51:46
U.S. and Germany: A Symbiotic Relationship $SPX $SPY $EWG http://t.co/NEmysMtV5D http://t.co/XxXzIb22bJ
Michael Norris
25 May 15 11:51:09
RT @SJosephBurns: RT @StockTwits How big is the U.S.? This big. Amazing share from @_seandavid -> http://t.co/giqNIX6qbf $SPY $DIA http:…
Lance Roberts
25 May 15 11:50:31
RT @StockTwits: When are people most bullish about their stocks? We did a big study and found out -> http://t.co/VDpXqhSXKe $SPY $VIX http:…
Waldo Boshoff
25 May 15 11:48:56
RT @SJosephBurns: RT @StockTwits How big is the U.S.? This big. Amazing share from @_seandavid -> http://t.co/giqNIX6qbf $SPY $DIA http:…
Jarrad Fiorito
25 May 15 11:48:27
RT @SJosephBurns: RT @StockTwits How big is the U.S.? This big. Amazing share from @_seandavid -> http://t.co/giqNIX6qbf $SPY $DIA http:…
NT
25 May 15 11:47:41
RT @SJosephBurns: RT @StockTwits How big is the U.S.? This big. Amazing share from @_seandavid -> http://t.co/giqNIX6qbf $SPY $DIA http:…
Nicholas
25 May 15 11:46:31
RT @AffluenzaVirus: Check out our new and improved website! $SPY $SPX http://t.co/odReKJSIFF http://t.co/1bu3tTls8N
ElliottWaves
25 May 15 11:45:43
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Wall Street Forecast
25 May 15 11:42:52
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Angelo
25 May 15 11:41:46
RT @SeekingAlpha: Second Quarter GDP Growth Likely To Remain Subdued http://t.co/a0Hb5ePimZ $GLD $SPY $VDE
TMcNasty
25 May 15 11:41:43
$SPY - Light volume today... hmmmm
️JordanDeanBurt
25 May 15 11:40:19
RT @StockTwits: When are people most bullish about their stocks? We did a big study and found out -> http://t.co/VDpXqhSXKe $SPY $VIX http:…
Scott Elliott
25 May 15 11:39:23
RT @TheLincolnList: If you think losing money suck try living with regret http://t.co/a9wAZncOiV $SPY $TWTR
Arnold Bender
25 May 15 11:38:56
RT @SJosephBurns: RT @StockTwits How big is the U.S.? This big. Amazing share from @_seandavid -> http://t.co/giqNIX6qbf $SPY $DIA http:…
VolatilityIndexes
25 May 15 11:35:20
RT @StockTwits: When are people most bullish about their stocks? We did a big study and found out -> http://t.co/VDpXqhSXKe $SPY $VIX http:…
Pepe Plata
25 May 15 11:34:22
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Steve Burns
25 May 15 11:33:53
RT @StockTwits How big is the U.S.? This big. Amazing share from @_seandavid -> http://t.co/giqNIX6qbf $SPY $DIA http://t.co/EE9hCxX7iA
VIXSPX
25 May 15 11:32:07
RT @KartikG85: $SPY what are the trading hours today? When does day session close and Globex open? $VIX $ES_F $SPX
VIXSPX
25 May 15 11:31:41
RT @StockTwits: When are people most bullish about their stocks? We did a big study and found out -> http://t.co/VDpXqhSXKe $SPY $VIX http:…
				
				
By  +Follow January 14, 2014 8:04AM
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