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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
Tickers Mentioned:

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.

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Results for SPY
Roger Freeman
8 Oct 15 19:58:23
RT @BtrBetaTrading: @ATMcharts Agreed - lots of short-term overbought signs on indexes. $SPY http://t.co/uAYbsdwLj7
8 Oct 15 19:56:57
@OptionAssassin I disagree,I made bank on this run, but fundamentals disagree. Will re test 46 before a run higher Kudos man $USO $SPY $UWTI
Spark Trading
8 Oct 15 19:55:55
Location Scouts debut on MarketWatch http://t.co/2QDHS9FSyr http://t.co/Put4ldPlxS $SPX $SPY #stocks http://t.co/95fpHm66ES
8 Oct 15 19:54:30
RT @StockBoardAsset: .@StockCats Party Like it's 1998 $SPY,M. MOASS ? http://t.co/HL2XCk1ADr
8 Oct 15 19:54:26
2008 And 2015 - An Economic Comparison http://t.co/50Ip2mztAZ $SPY $DIA $QQQ $IWM $XLF $SH $SSO $SDS $VOO $IVV $UPRO $SPXU $SPXL $DBC
8 Oct 15 19:52:41
Idk kids, sitting on all cash now. Do we really wanna get greedy and stay long? Here? $SPY
8 Oct 15 19:52:38
Market Remains Overvalued, But Off Interim Highs... http://t.co/PFiN08DX3n $SPY
8 Oct 15 19:51:43
RT @candidbanter: The problem with $TSLA last few days-- c chart notes-- support now $216. $SPY $SPX http://t.co/Cc5wUMCXJk
8 Oct 15 19:50:06
$SPY NAAIM jumped more than 100% last week. Last did that in Oct '14 and Oct '11. Check... http://t.co/WP0HBNwutT
8 Oct 15 19:49:47
RT @HumbleStudent: Bingo! We have a rare Zweig Breadth Thrust buy signal! cc @marketcharts $SPX $SPY http://t.co/UFs3ZLO5JS http://t.co/6tT…
Stock Trade Alerts
8 Oct 15 19:49:35
RT @zozotrader: #stocks #options $SPY $QQQ Video https://t.co/e22K8kJKN1
igor Bracislacislav
8 Oct 15 19:48:11
RT @tradewithjoe: Opening Up Chat Room For Limited Time http://t.co/xmN5ySZmt4 $SPY $QQQ $IWM $TSLA $AAPL $FB $AMZN $NFLX $USO $DIA $TWTR …
8 Oct 15 19:48:03
I commented on $ALTR several times earlier today-- how big is this move?? See chart notes- $SPY $SPX http://t.co/yAEy5SLhLO
8 Oct 15 19:46:55
#stocks #options $SPY $QQQ Video https://t.co/e22K8kJKN1
8 Oct 15 19:45:30
RT @MikeZaccardi: Returns since 9/28: $SPY +7.0% $IWM +6.7% $EFA +8.2% $EEM +12.9% $GDX +15.7% $XLE +15.9% $VNQ +6.8% $TLT -1.1% $HYG +3.3%
8 Oct 15 19:43:54
.@StockCats Party Like it's 1998 $SPY,M. MOASS ? http://t.co/HL2XCk1ADr
11 Charts Report
8 Oct 15 19:43:33
$SPY chart https://t.co/IbfnxToEa9 via http://t.co/K0NfD19zC2
8 Oct 15 19:43:27
Day Trading Lessons: Strike While The Iron is Hot http://t.co/uZh1Srm2ng $ES_F $SPY $SPX
STRAT Trading
8 Oct 15 19:43:21
RT @_JamisonG_: $SPY will need some "follow through" after todays rally to continue above prior resistance http://t.co/YNZ9UzpFQx
8 Oct 15 19:42:08
$P sinking today nearly back to the breakout level-- loses $19.20 on closing basis I'm out. $SPY $SPX http://t.co/SU6kYqnoWS
8 Oct 15 19:41:39
The #FED will act on #rates on #Jan29 #2016shift #Yellen $FED $VIX $SPY M&A #Leadership #RedOctober (cont) http://t.co/2RHgdc4ODF
8 Oct 15 19:40:30
The problem with $TSLA last few days-- c chart notes-- support now $216. $SPY $SPX http://t.co/Cc5wUMCXJk
8 Oct 15 19:39:04
$SPY- $FB- $NFLX 10-8-15 2nd follow up http://t.co/zoPducX4IJ
8 Oct 15 19:38:07
$SPY Investors Intelligence bears greater than bulls three straight weeks. Last time sa... http://t.co/fWPBy1O50q
8 Oct 15 19:37:43
Still in my $INTC, $SPY, and $QQQ calls.
8 Oct 15 19:35:19
RT @HumbleStudent: Bingo! We have a rare Zweig Breadth Thrust buy signal! cc @marketcharts $SPX $SPY http://t.co/UFs3ZLO5JS http://t.co/6tT…
8 Oct 15 19:33:48
@LMTentarelli you still short based on below 200day? $spy. I still have short bias and its painful
8 Oct 15 19:33:29
"@venkysrinivasan: Triple Sentiment watch.. $SPX $SPY $ES_F -- only 37%,33%,30% bulls." @TXplunger check this. http://t.co/7ADGMsihG6
Cam Hui, CFA
8 Oct 15 19:33:01
Bingo! We have a rare Zweig Breadth Thrust buy signal! cc @marketcharts $SPX $SPY http://t.co/UFs3ZLO5JS http://t.co/6tTiHy1kUs
8 Oct 15 19:31:19
$SPY strong over 50sma, first since Mid August, nearing OB on daily. http://t.co/a6OAd1szG9
Scott Smith
8 Oct 15 19:30:57
@livetradepro 2011 Was 3 weeks late before figuring out it was still a bull market. Still had good upside left. BUT, $SPY was lower then.
8 Oct 15 19:30:03
$SPY "Lame Duck Second Term Presidents and Market Crashes...." on Yahoo! Finance message boards: http://t.co/04ZGsCHQG5
Gavin McMaster
8 Oct 15 19:29:42
Free Option Books http://t.co/EPChdBFzG6 $SPY $AAPL $VIX $RUT $AMZN $SPX $NDX
8 Oct 15 19:29:30
The #FED will act on #rates on #Jan29 #2016shift #Yellen $FED $VIX $SPY M&A #Leadership #RedOctober (cont) http://t.co/kpvXDDMSCY
Royal Astrologer
8 Oct 15 19:29:30
The #FED will act on #rates on #Jan29 #2016shift #Yellen $FED $VIX $SPY M&A #Leadership #RedOctober (cont) http://t.co/aG0Y87Bxdp
Royal Astrologer
8 Oct 15 19:29:29
The #FED will act on #rates on #Jan29 #2016shift #Yellen $FED $VIX $SPY M&A #Leadership #RedOctober (cont) http://t.co/5VNUYtqSy0
Cedex F
8 Oct 15 19:29:29
The #FED will act on #rates on #Jan29 #2016shift #Yellen $FED $VIX $SPY M&A #Leadership #RedOctober (cont) http://t.co/RA7BiH1vI1
8 Oct 15 19:29:20
8 Oct 15 19:29:07
2x Energy $DIG, strong. $SPY $XLE $HAL http://t.co/rPrKtAynLA
A Complacent Trader
8 Oct 15 19:27:12
8 Oct 15 19:25:45
RT @elitewealthmgmt: What do you think is delaying a Fed interest rate hike? http://t.co/W6SlyKTrPy $DIA $IWM $QQQ $SPY http://t.co/4GhZrgU…
James DiPlata
8 Oct 15 19:25:27
RT @RedDogT3: Daily recap video and look ahead $spy $spx $qqq $xle $uso $nflx $aapl $googl $amzn $cvx $wynn $lvs $gs http://t.co/yDHiQtSjBP
Be The Investor
8 Oct 15 19:24:34
Need help, ask for help. A few good man/women still exist. $NFLX $AMZN $GOOGL $SPY
8 Oct 15 19:22:54
RT @xtrends: Time for reversal again? $SPY http://t.co/26fdVU6jI2
Sam Marzouk
8 Oct 15 19:22:11
@ErikFridman what's your take from here on $spy Erik?
Alpha Maven Alerts
8 Oct 15 19:21:51
$WYNN active, relative volume: 5.91, 1H, 10:00 PM, #nasdaq $SPY $NDX
8 Oct 15 19:21:32
The #FED will act on #rates on #Jan29 #2016shift #Yellen $FED $VIX $SPY M&A #Leadership There is (cont) http://t.co/Kpc5v632vy
Alpha Maven Alerts
8 Oct 15 19:21:27
$REGN active, relative volume: 5.18, 1H, 10:00 PM, #nasdaq $SPY $NDX
8 Oct 15 19:21:13
$SPY Smoothed Arms index at an overheated zone. Recently, it hasn't suggested a peak is... http://t.co/qI4QE22aI0
Alpha Maven Alerts
8 Oct 15 19:20:35
$COST active, relative volume: 5.09, 1H, 10:00 PM, #lse $SPY $NDX
By  +Follow January 14, 2014 8:04AM



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