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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
DailyStockPicks
31 Aug 15 05:51:49
$ANFI huge bounce play like $ACI up 18% on Friday. 100%+ upside potential $SPY $QQQ $DIA investors read http://t.co/L1jwUV6Bag
Wall Street Chatter
31 Aug 15 05:51:27
If the Options Market Is Right, China's Stock Rescue Is Doomed http://t.co/Ad6qlcoUtV $SPY $SPX $DJIA $DIA $VIX $COMPQ
Greg Harmon, CMT
31 Aug 15 05:51:02
$SPY Trends and Influencers August 29, 2015 - Dragonfly Capital http://t.co/3MA1L9RaXD
InvestiQuant
31 Aug 15 05:50:28
Check out the sweet Overnight “Trade of the Day” from Thursday $ES_F $SPY: http://t.co/yhrPYFe1ht http://t.co/fnI6ujUrFE
Financial Iceberg
31 Aug 15 05:50:14
SP500: High Beta - Low Beta ETFs: Bottoming Out ? $SPY #Trading #risk #investing #SP500 http://t.co/AyQjzWenfR http://t.co/aRRz8g25g9
All Day Holds
31 Aug 15 05:49:58
One more time if you missed it... @CNBCFastMoney has the answer for this market lol $SPY $SPX https://t.co/Lt0U4F9lxZ
John Ross
31 Aug 15 05:49:42
$SPY I'm not "short" but I'm not long. But yall keep BTFD. We have major issues to address and no one vying for the presidency has a plan.
FinanzLinksUSA
31 Aug 15 05:49:37
RT @bespokeinvest: Will the S&P 500 be higher or lower this week? $SPY Vote below: http://t.co/bryXJGuabI http://t.co/kpLHTEoy9O
Zero Filter
31 Aug 15 05:49:34
$NFLX loss #Epix evid rising cost/challenges great content. Co's $6B cash content spend plans '16 huge issue ignored St $SPY $TWC @jimcramer
McBillion
31 Aug 15 05:49:11
$SPY Mandarin Monday – China’s $200Bn Manipulation Not Enough – Now What?
PtheGr8
31 Aug 15 05:48:50
$SPY 5min http://t.co/71rgJTmYIX
royfberger
31 Aug 15 05:48:36
$GOOG $SPY $QQQ $MA August 31st, 2015 Watch List - Update from Option Millionaires - Stock Options Chatroom Future... http://t.co/KPlL9TgHOv
John Ross
31 Aug 15 05:48:19
$SPY This divide will shift value abroad. This is evidenced by the dumping if Treasuries in China & Russia and IMF measuring Yuan baskets
.
31 Aug 15 05:48:16
RT @seeitmarket: S&P 500 Market Update: Key Levels To Watch (Fibs & More) http://t.co/Wbywkhu9kB by @andrewnyquist $SPY $STUDY http://t.co/…
Cutlass
31 Aug 15 05:48:12
AUG 28 Friday, $SPY closed $199.28. Today Aug 31 Monday, $SPY might come down to $195.60. IMO
John Ross
31 Aug 15 05:46:31
$SPY The world is diverging from the US markets and metrics for commodities. They will bounce. And we'll just be starting our recession.
StockReversals.com
31 Aug 15 05:46:13
Told our subs last week rally could peter out by Friday/Monday. We hit the 61% fib at 1993 $spy $dia $es_f $tna $tza http://t.co/LGKGK5WS34
MoneyMakingStocks
31 Aug 15 05:46:06
RT @WallStJesus: $SPY 9/4 OPEN INTEREST: http://t.co/TtAB6l1jl0
John Ross
31 Aug 15 05:45:35
$SPY 6 or so yrs of a bull market. The world sliding into disinflation but America is considering interest rate hikes? Eventually catches up
Wall Street Chatter
31 Aug 15 05:45:07
Economic Reports for this week $SPY $SPX $DJIA $DIA $VIX $COMPQ http://t.co/1yAsddnLIs
Bespoke
31 Aug 15 05:45:04
Will the S&P 500 be higher or lower this week? $SPY Vote below: http://t.co/bryXJGuabI http://t.co/kpLHTEoy9O
tradewithjoe
31 Aug 15 05:45:00
Accepting New Members 4 Limited Time http://t.co/xmN5ySZmt4 $SPY $QQQ $IWM $USO $XLF $BAC $AAPL $FB $TWTR $LNKD $BIDU $GLD $GDX $DUST $DIA
G & B
31 Aug 15 05:44:09
And futures are already suggesting another wild open + lower market tomorrow. $SPY #VIX #TLT #ChinaMeltdown http://t.co/5H4FEnoOI7
John Ross
31 Aug 15 05:44:02
$SPY correction's more than high fiving -10%+ & V-bouncing. It's about a total rotation of shares that sustains to satisfy an econ issue.
Time=Best Stock
31 Aug 15 05:43:16
RT @WallStJesus: $SPY 9/4 OPEN INTEREST: http://t.co/TtAB6l1jl0
Dave
31 Aug 15 05:42:21
RT @WallStJesus: $SPY 9/4 OPEN INTEREST: http://t.co/TtAB6l1jl0
JE$US
31 Aug 15 05:42:04
$SPY 9/4 OPEN INTEREST: http://t.co/TtAB6l1jl0
PTSD_Trader
31 Aug 15 05:41:47
"@venkysrinivasan: "@RedDogT3 $SPX futures down 15 handles- $Spy levels & thoughts as we enter a new week"" http://t.co/2827u28Xbw
Gigel Marinescu
31 Aug 15 05:41:40
7.3% YTD using IVTS systematic #volatility #trading model http://t.co/4bWX7UFzku $SPX $SPY $GOLD $SOX $WTI @GoldmanSachs @MorganStanley
IrrationalGUY
31 Aug 15 05:41:22
RT @sssvenky: 194.5-195 is a bigger band of support on $SPY and 1950 on $SPX that I'll be watching for.
Giovanny Moreano
31 Aug 15 05:41:15
RT @CNBCPro: How to trade the S&P 500 'death cross' formation » http://t.co/un8H7r8vZN by @GiovannyMoreano $SPY http://t.co/e1ZmVtvdTb
CNBC Pro
31 Aug 15 05:41:10
How to trade the S&P 500 'death cross' formation » http://t.co/un8H7r8vZN by @GiovannyMoreano $SPY http://t.co/e1ZmVtvdTb
13+13=26
31 Aug 15 05:40:46
#Saturn in #Ophiuchus $SSEC #2015shift #ChinaMeltdown $VIX $FXI #recession #Breaking #News $GLD $SLV $SPY... http://t.co/J5f1dise95
Cedex F
31 Aug 15 05:40:46
#Saturn in #Ophiuchus $SSEC #2015shift #ChinaMeltdown $VIX $FXI #recession #Breaking #News $GLD $SLV $SPY $AS…https://t.co/149xcUx0DQ
Cedex F
31 Aug 15 05:40:46
#Saturn in #Ophiuchus $SSEC #2015shift #ChinaMeltdown $VIX $FXI #recession #Breaking #News $GLD $SLV $SPY $… http://t.co/d7ysAHwCEo
Carl Forrest
31 Aug 15 05:40:41
"@ISC $SPY" http://t.co/qqEl118Avk
ETFguide.com
31 Aug 15 05:39:02
GET YOUR: 4-Step Bear Market Plan (Free Report from @etfguide) Just text 33444 and type "CRASHPLAN" #BeReady $QQQ $SPY $DIA $IWM $VIX
Ron DeLegge
31 Aug 15 05:39:00
GET YOUR: 4-Step Bear Market Plan (Free Report from @etfguide) Just text 33444 and type "CRASHPLAN" #BeReady $QQQ $SPY $DIA $IWM $VIX
Portfolio Talk
31 Aug 15 05:39:00
GET YOUR: 4-Step Bear Market Plan (Free Report from @etfguide) Just text 33444 and type "CRASHPLAN" #BeReady $QQQ $SPY $DIA $IWM $VIX
djflowmaster
31 Aug 15 05:38:58
$SPX $SPY $ES.......just a guess here but I bet we retest lows before seeing new highs or even 2100
Wall Street Chatter
31 Aug 15 05:38:13
10 things you need to know before the opening bell http://t.co/NIkpxM7nLh $SPY $SPX $DJIA $DIA $VIX $COMPQ
Mike DiBari
31 Aug 15 05:37:46
TVO says revenge is a dish best served cold. #TVO MB $SPY $SPX $QQQ $STUDY $ES_F $DJIA $DIA $IWM $VIX http://t.co/ZLYND1IpkU
Best Trader
31 Aug 15 05:37:43
$SPY US Markets 194.40 This Week (Low Fuel) 4H $FB $GOOG $AMZN $NFLX $DPZ $AAPL $CSCO $SBUX $YELP $CLB $BA $TWTR $XOM http://t.co/2ilB61lLOC
Cedex F
31 Aug 15 05:36:41
#Saturn in #Ophiuchus $SSEC #2015shift #ChinaMeltdown $VIX $FXI #recession #Breaking #News $GLD $SLV $SPY... http://t.co/vEBsLsS4g2
Cedex F
31 Aug 15 05:36:40
#Saturn in #Ophiuchus $SSEC #2015shift #ChinaMeltdown $VIX $FXI #recession #Breaking #News $GLD $SLV $SPY $AS…https://t.co/6X6IUAPg5y
Venky Srinivasan
31 Aug 15 05:36:01
"@RedDogT3 $SPX futures down 15 handles- $Spy levels & thoughts as we enter a new week" http://t.co/rkmcGGGcT4
Venky Srinivasan
31 Aug 15 05:35:09
194.5-195 is a bigger band of support on $SPY and 1950 on $SPX that I'll be watching for.
Forex First Aids
31 Aug 15 05:35:07
RT @tradewithjoe: d/t w/l $SPY $DIA $QQQ $IWM $USO $TLT $GDX $DUST $GLD $BABA $AAPL $FB $TWTR $AMZN $AQXP $NFLX $TSLA $PCLN $IBM http://t.c…
Vanalich
31 Aug 15 05:35:07
RT @SeekingAlpha: S&P 500 Still In A Bull Market http://t.co/sREdF6GeCx $SPY
PTO
31 Aug 15 05:35:05
@zerohedge @RealCarlIcahn @SquawkCNBC @KeeneOnMarket @OptionsHawk $SPX $SPY $ES Market Top ? #ptotrader #stocks http://t.co/nLhBxMFnYI
				
				
By  +Follow January 14, 2014 8:04AM
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