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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
Bruce J Moschella
1 Apr 15 14:20:04
$ES_F Works great for swing Calls & PUTS from one stage to the next. Stage-1,2,3 sell and cover at Stage 1,2,3 buy. $SPY 208 PUTS did great
BenCasey1
1 Apr 15 14:19:34
TATA motors is an attractive opportunity http://t.co/Gr0fozE98F $TTM $SPY $QQQ
Rimon
1 Apr 15 14:19:21
@DougKass I see that but $SPY has gone sideways for 6mo - hardly parabolic..And laggards leading is the kind of rotation we seen before IMHO
David Taylor
1 Apr 15 14:19:18
TATA motors is an attractive opportunity http://t.co/CYIwJxyZuA $TTM $SPY $QQQ
Don Right
1 Apr 15 14:19:07
TATA motors is an attractive opportunity http://t.co/54Cjb6tYtT $TTM $SPY $QQQ
Gary Thomson
1 Apr 15 14:18:43
TATA motors is an attractive opportunity http://t.co/rG4a5ayu63 $TTM $SPY $QQQ
Gary Thomson
1 Apr 15 14:18:22
TATA motors is an attractive opportunity http://t.co/TsLgtPKwjm $TTM $SPY $QQQ
Carolyn B Miciano
1 Apr 15 14:17:51
Why Volume is under-rated in trading http://t.co/AkKKwgCFzf $SPY $QQQ $IWM
Dan
1 Apr 15 14:17:50
RT @DF_Options: “@danshep55: Let's open our eyes new mini blog http://t.co/Icq2PMyyEY $vltc $altr $spy $sndk” King of the Idiots LMAO clas…
BenCasey1
1 Apr 15 14:17:06
TATA motors attractive opportunity http://t.co/Gr0fozE98F $TTM $SPY $QQQ
Douglas Kass
1 Apr 15 14:14:59
@bblawrence8 $TLT flat vs $SPY 1Q2015, $BND down slightly Year to Date.
$SDRL
1 Apr 15 14:14:21
#toptickertweets $SPY $AAPL $YELP $RIG $TSLA $LL $TWTR $SDRL $TZA $IACI #sentiquant 20150401 14:00:05:577 … … … … … http://t.co/EETe7rsFZk
$SDRL
1 Apr 15 14:14:20
RT NewsSDRL: #toptickertweets $SPY $AAPL $YELP $RIG $TSLA $LL $TWTR $SDRL $IACI $TZA #sentiquant 20150401 16:00:06… http://t.co/EETe7rsFZk
$SDRL
1 Apr 15 14:14:20
RT NewsSDRL: #toptickertweets $SPY $AAPL $YELP $RIG $TSLA $LL $TWTR $SDRL $TZA $IACI #sentiquant 20150401 14:00:05… http://t.co/EETe7rsFZk
$SDRL
1 Apr 15 14:14:20
#toptickertweets $SPY $AAPL $YELP $RIG $TSLA $LL $TWTR $SDRL $IACI $TZA #sentiquant 20150401 16:00:06:037 … … … … … http://t.co/EETe7rsFZk
$SDRL
1 Apr 15 14:14:20
#toptickertweets $YELP $AAPL $SPY $RIG $SDRL $IACI $GOOGL $PCLN $VXX $EBAY #sentiquant 20150401 09:25:05:672 … … …… http://t.co/EETe7rsFZk
BetterBeta Trading
1 Apr 15 14:14:03
$TLT and $IWM showing comparable Q1 gains. $SPY continues to lag. $STUDY http://t.co/tFMxgHQgfs
Delta Force Options
1 Apr 15 14:13:39
“@danshep55: Let's open our eyes new mini blog http://t.co/Icq2PMyyEY $vltc $altr $spy $sndk” King of the Idiots LMAO classic man good read
$IACI
1 Apr 15 14:12:27
RT NewsSDRL: #toptickertweets $SPY $AAPL $YELP $RIG $TSLA $LL $TWTR $SDRL $IACI $TZA #sentiquant 20150401 16:00:06… http://t.co/YYSjpvieue
$IACI
1 Apr 15 14:12:26
RT NewsSDRL: #toptickertweets $SPY $AAPL $YELP $RIG $TSLA $LL $TWTR $SDRL $TZA $IACI #sentiquant 20150401 14:00:05… http://t.co/YYSjpvieue
$IACI
1 Apr 15 14:12:26
#toptickertweets $SPY $AAPL $YELP $RIG $TSLA $LL $TWTR $SDRL $IACI $TZA #sentiquant 20150401 16:00:06:037 … … … … … http://t.co/YYSjpvieue
$IACI
1 Apr 15 14:12:23
#toptickertweets $YELP $AAPL $SPY $RIG $SDRL $IACI $GOOGL $PCLN $VXX $EBAY #sentiquant 20150401 09:25:05:672 … … …… http://t.co/YYSjpvieue
$IACI
1 Apr 15 14:12:23
#toptickertweets $SPY $AAPL $YELP $RIG $TSLA $LL $TWTR $SDRL $TZA $IACI #sentiquant 20150401 14:00:05:577 … … … … … http://t.co/YYSjpvieue
TalkMarkets
1 Apr 15 14:10:58
Watch These #EmergingMarket #ETFs In Q2 $VWO $DEM $SPY $QDEM $QEMM $EMFT http://t.co/H6PEIxXOD2
BenCasey1
1 Apr 15 14:09:29
$ZNH up 6% today and more than 30% in last 2 weeks in accordance with the forecast: http://t.co/bNpT7I494D $SPY $QQQ $SPX
David Taylor
1 Apr 15 14:09:04
$ZNH up 6% today and more than 30% in last 2 weeks in accordance with the forecast: http://t.co/fSEPkVvlan $SPY $QQQ $SPX
TalkMarkets Recap
1 Apr 15 14:09:03
The #Stock Whisper Of The Day - #MU, #AKS, #EEM, #GT $JCP $SPY $MU $AKS $EEM $GT http://t.co/nmrQOYDS23
Don Right
1 Apr 15 14:08:36
$ZNH up 6% today and more than 30% in last 2 weeks in accordance with the forecast: http://t.co/N3r1q3XBnD $SPY $QQQ $SPX
Bud Labitan
1 Apr 15 14:08:31
RT @jworthy: Great article from @manualofideas on findings moats http://t.co/5G75c2Sqyh $STUDY $SPY $IWM
Dan
1 Apr 15 14:08:18
Let's open our eyes new mini blog http://t.co/YK7jFDeGk5 $vltc $altr $spy $sndk
Gary Thomson
1 Apr 15 14:08:06
$ZNH up 6% today and more than 30% in last 2 weeks in accordance with the forecast: http://t.co/VN2LpFPA9C $SPY $QQQ $SPX
$AAPL
1 Apr 15 14:07:23
RT NewsSDRL: #toptickertweets $SPY $AAPL $YELP $RIG $TSLA $LL $TWTR $SDRL $IACI $TZA #sentiquant 20150401 16:00:06… http://t.co/gOyJTXdubp
$AAPL
1 Apr 15 14:07:22
#toptickertweets $SPY $AAPL $YELP $RIG $TSLA $LL $TWTR $SDRL $TZA $IACI #sentiquant 20150401 14:00:05:577 … … … … … http://t.co/gOyJTWVTjR
$AAPL
1 Apr 15 14:07:20
RT NewsSDRL: #toptickertweets $SPY $AAPL $YELP $RIG $TSLA $LL $TWTR $SDRL $IACI $TZA #sentiquant 20150401 16:00:06… http://t.co/gOyJTWVTjR
$AAPL
1 Apr 15 14:07:20
RT NewsSDRL: #toptickertweets $SPY $AAPL $YELP $RIG $TSLA $LL $TWTR $SDRL $TZA $IACI #sentiquant 20150401 14:00:05… http://t.co/gOyJTWVTjR
$AAPL
1 Apr 15 14:07:20
#toptickertweets $SPY $AAPL $YELP $RIG $TSLA $LL $TWTR $SDRL $IACI $TZA #sentiquant 20150401 16:00:06:037 … … … … … http://t.co/gOyJTWVTjR
$AAPL
1 Apr 15 14:07:19
#toptickertweets $YELP $AAPL $SPY $RIG $SDRL $IACI $GOOGL $PCLN $VXX $EBAY #sentiquant 20150401 09:25:05:672 … … …… http://t.co/gOyJTWVTjR
Gary Thomson
1 Apr 15 14:07:15
$ZNH up 6% today and more than 30% in last 2 weeks in accordance with the forecast: http://t.co/3yUrIQebuy $SPY $QQQ $SPX
MattBurns
1 Apr 15 14:06:59
$ZNH up 6% today and more than 30% in last 2 weeks in accordance with the forecast: http://t.co/PsYgkUbWlC $SPY $QQQ $SPX
John W. Green JW
1 Apr 15 14:04:14
RT @investools: 04/01/15 - Today's Market Forecast™ video can be viewed here: http://t.co/I7wG0geC0I Discussed: $SPY $USO $TLT $GLD $XLV $M…
TheStreetOptions
1 Apr 15 14:04:09
Credit cards with lowest APR rates - $spy Please #RT http://t.co/MJZBlZr1Np
LouisLouie
1 Apr 15 14:02:37
second day in a row only one guy on my stream bullish even at the lows of the day, kudos man.. $SPX $SPY
David A. Ferris
1 Apr 15 14:02:26
RT @david_settle: 04/01/15 - Today's Market Forecast™ video can be viewed here: https://t.co/h8YrDWTUqJ $SPY $USO $TLT $GLD $XLV $MDT
Investools
1 Apr 15 14:01:58
04/01/15 - Today's Market Forecast™ video can be viewed here: http://t.co/I7wG0geC0I Discussed: $SPY $USO $TLT $GLD $XLV $MDT
Alpha Maven
1 Apr 15 14:01:53
RT @am_alerts: $MU active, relative volume: 31.25, 1H, 5:00 PM, #nasdaq $NDX $SPY
Alpha Maven Alerts
1 Apr 15 14:01:52
$MU active, relative volume: 31.25, 1H, 5:00 PM, #nasdaq $NDX $SPY
Alpha Maven Alerts
1 Apr 15 14:01:51
$MCD active, relative volume: 5.43, 1H, 5:00 PM, #nyse $DJI $SPY
Alpha Maven Alerts
1 Apr 15 14:01:50
$FB active, relative volume: 2.98, 1H, 5:00 PM, #nasdaq $NDX $SPY
Alpha Maven
1 Apr 15 14:01:49
RT @am_alerts: $CAT active, relative volume: 8.53, 1H, 5:00 PM, #nyse $DJI $SPY
Alpha Maven Alerts
1 Apr 15 14:01:49
$CAT active, relative volume: 8.53, 1H, 5:00 PM, #nyse $DJI $SPY
				
				
By  +Follow January 14, 2014 8:04AM
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