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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.


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Results for SPY
Ty
24 Oct 14 08:29:35
RT @philstockworld: Friday's Fearful Outlook as #Ebola Hits NYC: $SPY $DIA $AMZN $TSLA $TM #Amazon -- http://t.co/UIMDFJvSW2 http://t.co/VN…
Joe Schmo
24 Oct 14 08:29:12
RT @themarketzone: $SPY 5min Gartley http://t.co/bD7OAzcJKs
Love Salsa
24 Oct 14 08:29:06
$SPY Marching right up since LOD. 195.72. Thinking retest of yesterday's high is possible. Market will need a reason to turn.
MACRO Y TENDENCIAS
24 Oct 14 08:28:55
$aapl remained bullish target 112 and then 128 http://t.co/B1fqiDI2TP $goog $qqq $spy $iwm $amzn $msft $bidu $dia $rut $c $gs $jpm $YHOO
Winborn Traders
24 Oct 14 08:28:45
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OPTIONS/STOCK EXPERT
24 Oct 14 08:28:36
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Hyatt Atlanta Suites
24 Oct 14 08:28:20
RT @philstockworld: Friday's Fearful Outlook as #Ebola Hits NYC: $SPY $DIA $AMZN $TSLA $TM #Amazon -- http://t.co/UIMDFJvSW2 http://t.co/VN…
Butch Sabesan
24 Oct 14 08:28:04
RT @philstockworld: Friday's Fearful Outlook as #Ebola Hits NYC: $SPY $DIA $AMZN $TSLA $TM #Amazon -- http://t.co/UIMDFJvSW2 http://t.co/VN…
Winborn Traders
24 Oct 14 08:27:57
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marketzone
24 Oct 14 08:27:48
$SPY 5min Gartley http://t.co/bD7OAzcJKs
Winborn Traders
24 Oct 14 08:27:25
By Attending Our Live $ES_F #ES_F $SPY $SPX Trading Room youcan find the market's direction and trade based on that and be successful Trader
steven spencer
24 Oct 14 08:27:25
RT @paststat: huh ! why always longs get the bailout , why not shorts ?? $SPY http://t.co/PixVUMQPiX
EMini Futures
24 Oct 14 08:27:19
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HECC Conference
24 Oct 14 08:26:47
RT @philstockworld: Friday's Fearful Outlook as #Ebola Hits NYC: $SPY $DIA $AMZN $TSLA $TM #Amazon -- http://t.co/UIMDFJvSW2 http://t.co/VN…
Joe Schmo
24 Oct 14 08:26:42
i hope diblasio uses the words "armageddon" "doomsday" "outbreak" or "zombies" in this ebola speech $SPY puts will love that
Mindy Beth
24 Oct 14 08:26:25
RT @philstockworld: Friday's Fearful Outlook as #Ebola Hits NYC: $SPY $DIA $AMZN $TSLA $TM #Amazon -- http://t.co/UIMDFJvSW2 http://t.co/VN…
HECC Conference
24 Oct 14 08:26:24
RT @philstockworld: Friday Freak-Out: #Ebola Spooks the Markets, Iron Ore Collapsing -- http://t.co/l9C4m3vxVZ $SPY $DIA $IWM $QQQ #Futur…
Kora Reddy
24 Oct 14 08:26:09
huh ! why always longs get the bailout , why not shorts ?? $SPY http://t.co/PixVUMQPiX
Cobra
24 Oct 14 08:25:07
testing day high, key time. my guess is range today, now close to range high. $SPY, $SPX, $ES_F http://t.co/WgWZRvQ1rH
Kentucky Local
24 Oct 14 08:25:07
RT @philstockworld: Friday's Fearful Outlook as #Ebola Hits NYC: $SPY $DIA $AMZN $TSLA $TM #Amazon -- http://t.co/UIMDFJvSW2 http://t.co/VN…
Construmar ing.
24 Oct 14 08:24:54
RT @philstockworld: Friday's Fearful Outlook as #Ebola Hits NYC: $SPY $DIA $AMZN $TSLA $TM #Amazon -- http://t.co/UIMDFJvSW2 http://t.co/VN…
Joe Schmo
24 Oct 14 08:24:46
lets go mayor diblasio inject some fear in this market go team ebola!!!! im watching @CNBC rooting for ebola fear mongering for my $SPY puts
Sang Lucci
24 Oct 14 08:24:41
@alsabogal Nah options preems are shit even if I get .50 on the $SPY I aint' making much not worth it
Lach 14
24 Oct 14 08:24:32
$SPY And it only cost the Fed $4 Trillion and change.
♥ @MyOrgone ♥
24 Oct 14 08:24:12
Why trade $AAPL stock!!! Turn $666 into one million with THIS Apple instead!!! http://t.co/zb3UZNiUN6 @CNBC $SPY
Lach 14
24 Oct 14 08:24:02
$SPY Say Bye-Bye to POMO, Monday's paltry $1B is the FINAL Payment, you own the car now. Congrats!
MichaelDag
24 Oct 14 08:23:53
RT @StockTwits: On this day, 85 years ago, the biggest crash in stock market history happened http://t.co/ZJipj9IOEl $SPY http://t.co/Yl71j…
OptionsGenius
24 Oct 14 08:23:33
$spy target 198 we already secured positions for that kind of move. Send email to sasi.admn@gmail.com or directly subscribe from my website
Al Sabogal
24 Oct 14 08:23:30
@sanglucci just buy $SPY $SPX calls
Winborn Traders
24 Oct 14 08:23:20
$ES_F EMINI SP500 Futures #TradingSignal #DayTrading Monthly Weekly & Daily Key Support Resistance Levels $SPY $SPX $AAPL #ES_F #ibroker $FB
Financial Iceberg
24 Oct 14 08:23:09
TSX60, Cdn Dollar and SP100: Canadian Assets at Discount ? $SPY, $SPX, $ES_F, $TSX.CA, $MACRO, $USDCAD $FXC, $6C_F http://t.co/rsMc0CSkhh
karim
24 Oct 14 08:22:55
RT @philstockworld: Friday's Fearful Outlook as #Ebola Hits NYC: $SPY $DIA $AMZN $TSLA $TM #Amazon -- http://t.co/UIMDFJvSW2 http://t.co/VN…
Lach 14
24 Oct 14 08:22:53
$SPY F ord is getting killed. -4% and lows of the day. $F http://t.co/VLXBV0Ll5W
armando
24 Oct 14 08:22:22
Look proof $spy killing again @mrdollamaker will be proud of me http://t.co/79ZxiGe3zf
Miriam
24 Oct 14 08:22:21
RT @philstockworld: Friday's Fearful Outlook as #Ebola Hits NYC: $SPY $DIA $AMZN $TSLA $TM #Amazon -- http://t.co/UIMDFJvSW2 http://t.co/VN…
EMini Futures
24 Oct 14 08:22:11
Just Imagine if you could Find market's Intraday Highs and Lows for $ES_F #dayTrading $SPX $SPY $DJI $AAPL $QQQ $IWM
Tommy Rebik
24 Oct 14 08:21:31
RT @philstockworld: Friday's Fearful Outlook as #Ebola Hits NYC: $SPY $DIA $AMZN $TSLA $TM #Amazon -- http://t.co/UIMDFJvSW2 http://t.co/VN…
Emini Scalping
24 Oct 14 08:21:26
7day free trial for 5years Old Live Trading Room $ES_F #ES_F $SPY $SPX $DJI $QQQ $IWM http://t.co/gihiUlTZQI
Tom Quirke
24 Oct 14 08:21:07
I will be adding some big positions in Puts in Netflix if we see it below $373 Today, just waiting to see $SPY $NFLX $AMZN $AAPL @jimcramer
Tommy Rebik
24 Oct 14 08:20:57
RT @philstockworld: Friday Freak-Out: #Ebola Spooks the Markets, Iron Ore Collapsing -- http://t.co/l9C4m3vxVZ $SPY $DIA $IWM $QQQ #Futur…
TweetMeMaybe
24 Oct 14 08:20:54
I might feel sympathy for bears if they weren't so self-righteous and fear-mongering $SPY $VIX $XIV
Winborn Traders
24 Oct 14 08:20:46
A business with no staff,no customers,no inventory,no rent&could literally be operated from anywhere in the world $SPX $SPY $DJI $QQQ $ES_F
naomihn2000
24 Oct 14 08:20:20
more HOPE from draghi. $SPY $SPX
Make Money
24 Oct 14 08:20:15
RT @philstockworld: Friday's Fearful Outlook as #Ebola Hits NYC: $SPY $DIA $AMZN $TSLA $TM #Amazon -- http://t.co/UIMDFJvSW2 http://t.co/VN…
Ted Garcia
24 Oct 14 08:20:15
RT @philstockworld: Friday's Fearful Outlook as #Ebola Hits NYC: $SPY $DIA $AMZN $TSLA $TM #Amazon -- http://t.co/UIMDFJvSW2 http://t.co/VN…
Winborn Traders
24 Oct 14 08:19:54
Just Imagine if you could Find market's Intraday Highs and Lows for $ES_F #dayTrading $SPX $SPY $DJI $AAPL $QQQ $IWM
Stephanie Adams
24 Oct 14 08:19:39
RT @philstockworld: Friday's Fearful Outlook as #Ebola Hits NYC: $SPY $DIA $AMZN $TSLA $TM #Amazon -- http://t.co/UIMDFJvSW2 http://t.co/VN…
Colin
24 Oct 14 08:19:27
My only market directional bet is long $VIX OTM calls, but that's only 1% of my portfolio $SPY
Winborn Traders
24 Oct 14 08:19:25
A business with no staff,no customers,no inventory,no rent&could literally be operated from anywhere in the world $SPX $SPY $DJI $QQQ $ES_F
stt2318
24 Oct 14 08:18:24
My course starts next week, learn how to profit in every market. grab ur spot today. email info@traderstoolbox.net $iwm $spy $aapl $twtr
				
				
By  +Follow January 14, 2014 8:04AM
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