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SPY, Major ETFs Bounce on Potential Debt Deal

By  +Follow October 16, 2013 8:45AM
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Market optimism about what appears to be an approaching end to the government shutdown and debt ceiling crisis helped push up the major indicies, pulling up most of the biggest ETFs with them. With the DJIA and S&P both gaining more than 1.15 percent by early afternoon and the Nasdaq up almost as much, the highest-volume, broad market ETFs were on the rise. The SPDR S&P 500 ETF ($SPY) gained almost 1.25 percent, the Financial Select Sector SPDR ($XLF) climbed almost 2 percent, PowerShares QQQ ($QQQ) jumped almost 1 percent, and the iShares Russell 2000 Index ($IWM) was up almost 1.25 percent.

Congressional Deal on Debt Ceiling, Funding Appears Likely

The failure of the House of Representatives to pass a bill last night, paired with a new agreement in the Senate, appears to have bolstered market confidence overnight that a debt default will be avoided. Senate leaders announced Wednesday morning that they had reached a deal for a bill that would extend the nation’s borrowing limit to early February and end the two-week shutdown, approving a budget that will keep the government open until January 15. And today’s bounce would seem to indicate a consensus in the markets forming around the belief that Speaker of the House John Boehner will bring the Senate bill up for a vote, that it will pass, and that President Obama will sign it into law.

VIX Plunges, Emerging Markets Don’t

Today’s big losers are traders betting on the VIX, as an agreement in congress radically decreases anticipated market volatility. The iPath S&P 500 VIX Short Term Futures ETN (VXX) plunged almost 9.5 percent on Wednesday, while the inverse ETF, the VelocityShares Daily Inverse VIX (XIV) climbed over 9.75 percent. Equities investors also seemed to be shifting back towards a risk-on environment as major ETFs tracking emerging market ETFs were on the rise. The iShares MSCI Emerging Markets Index (EEM) and Vanguard FTSE Emerging Markets ETF (VWO) gained over 0.75 percent, the and the iShares MSCI Brazil Index ($EWZ) was up over 1.25 percent.

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Results for SPY
Alpha Maven
30 Mar 15 00:02:14
RT @am_alerts: $YHOO active, relative volume: 9.05, 1H, 3:00 AM, #nasdaq $NDX $SPY
Alpha Maven Alerts
30 Mar 15 00:02:14
$YHOO active, relative volume: 9.05, 1H, 3:00 AM, #nasdaq $NDX $SPY
Alpha Maven
30 Mar 15 00:02:12
RT @am_alerts: $GOOG active, relative volume: 6.92, 1H, 3:00 AM, #nasdaq $NDX $SPY
Alpha Maven Alerts
30 Mar 15 00:02:11
$GOOG active, relative volume: 6.92, 1H, 3:00 AM, #nasdaq $NDX $SPY
Alpha Maven Alerts
30 Mar 15 00:02:10
$FB active, relative volume: 4.95, 1H, 3:00 AM, #nasdaq $NDX $SPY
Alpha Maven Alerts
30 Mar 15 00:02:10
$C active, relative volume: 5.66, 1H, 3:00 AM, #nyse $SPY
Alpha Maven
30 Mar 15 00:02:09
RT @am_alerts: $AAPL active, relative volume: 10.75, 1H, 3:00 AM, #nasdaq $NDX $SPY
Alpha Maven Alerts
30 Mar 15 00:02:08
$AAPL active, relative volume: 10.75, 1H, 3:00 AM, #nasdaq $NDX $SPY
Bradley
29 Mar 15 23:57:07
Free Video Tutorial #psychology of #trading http://t.co/th4YrUzta4 $TLT $TNA $QQQ $SPY $GPRO $GOOG $AAPL http://t.co/dPdumKmPK9
Forex First Aids
29 Mar 15 23:56:10
RT @derivatrader: Dufry to raise $4 billion via rights issue and debt for WDF bid: ZURICH (Reuters) - Swiss trave... http://t.co/li2UOtTa5m…
michael terrell
29 Mar 15 23:55:01
RT @JustinPulitzer: Weekend Review VIDEO: $SPY $IWM $QQQ $VIX $TLT $XLU $IBB $BIIB $AAPL $BABA $BIDU $FB $TWTR $GOOGL $PCLN $TSLA $NFLX htt…
Options Trader
29 Mar 15 23:54:24
Dufry to raise $4 billion via rights issue and debt for WDF bid: ZURICH (Reuters) - Swiss trave... http://t.co/li2UOtTa5m $SPY $QQQ $IWM
Inside Stock Alerts
29 Mar 15 23:54:24
Dufry to raise $4 billion via rights issue and debt for WDF bid: ZURICH (Reuters) - Swiss trave... http://t.co/Nq7wAfEMFz $SPY $QQQ $IWM
VunaniPrivateClients
29 Mar 15 23:51:58
What the markets are doing in 2015: $SPY (stocks) +0.10% $TLT (bonds) +1.35% $GLD (gold) -0.64% $UUP (dollar) +5.8% http://t.co/XnIoLpkHS0
$AAPL
29 Mar 15 23:42:36
$AAPL active, relative volume: 5.87, 1H, 2:00 AM, #nasdaq $NDX $SPY http://t.co/gOyJTWVTjR http://t.co/gOyJTWVTjR http://t.co/gOyJTWVTjR
$AAPL
29 Mar 15 23:42:35
Top 5 Stocks of 2015 Free HD Video!!!! $GOOGL $AAPL $TSLA $SSYS $VXX $VIX $SPY $SPX #stocks … … http://t.co/gOyJTWVTjR
Stockaholics
29 Mar 15 23:33:22
Our Stock Tips Have Gained Over 230% Within 2 Days! Huge News: http://t.co/FW1zCk5dfw $LEN $SPM $SPY
Stock Dawgzz
29 Mar 15 23:32:45
Our Penny Stock Alerts Have Gained Over 1600% In THe Past 4 Months! Subscribe Today: http://t.co/nsMnuzW59n $LEN $SPM $SPY
Osiris Trading
29 Mar 15 23:31:38
$NFLX might do it usual 10AM drop then bounce. $SNDK still thinks it's time this bounces. End of month on Tuesday but macro issues... $SPY
Tiger Shark
29 Mar 15 23:28:02
RT @JeaYu21: Commented on StockTwits: $SPY use the $212.24 on 2/25/2015 as the swing high and MSH http://t.co/W8EK0JXI4i
Mark Freeman
29 Mar 15 23:26:55
$GLD update: @smtrader All Households Created during recovery are renters $SPY $SPX $QQQ $VIX $IWM $USO $GLD
$AAPL
29 Mar 15 23:25:25
$AAPL active, relative volume: 5.87, 1H, 2:00 AM, #nasdaq $NDX $SPY http://t.co/gOyJTWVTjR http://t.co/gOyJTWVTjR
$AAPL
29 Mar 15 23:25:24
Top 5 Stocks of 2015 Free HD Video!!!! $GOOGL $AAPL $TSLA $SSYS $VXX $VIX $SPY $SPX #stocks … http://t.co/gOyJTWVTjR http://t.co/gOyJTWVTjR
StockenheimerSchmidt
29 Mar 15 23:24:08
$RCGP tripled in value within 2 days as of yesterdays high! high! Big News: http://t.co/RWkbY02YnU $LEN $SPM $SPY
Osiris Trading
29 Mar 15 23:23:40
$ES_F Futures look okay, never really put too much weight into it though, seen green futures but markets turn red minutes after open $SPY
Options Trader
29 Mar 15 23:17:59
Denmark applies to join China-backed AIIB investment bank: BEIJING (Reuters) - (This March 29, ... http://t.co/qoV5DgIr40 $SPY $QQQ $IWM
Inside Stock Alerts
29 Mar 15 23:17:59
Denmark applies to join China-backed AIIB investment bank: BEIJING (Reuters) - (This March 29, ... http://t.co/66d4ERRbk3 $SPY $QQQ $IWM
Mike DiBari
29 Mar 15 23:13:10
How high... uh, I mean... How low can you go? #TVO MB $SPY $SPX $QQQ $STUDY $DJIA $IWM $RUT $ES_F http://t.co/ZLob8b1d4z
Polyticks
29 Mar 15 23:11:24
RT @bespokeinvest: S&P 500 may be flat so far this quarter, but there have been 9 moves of +/- 3% or more YTD. $SPY http://t.co/glclOxSHuf
$AAPL
29 Mar 15 23:08:41
$AAPL active, relative volume: 5.87, 1H, 2:00 AM, #nasdaq $NDX $SPY http://t.co/gOyJTWVTjR
$AAPL
29 Mar 15 23:08:40
Top 5 Stocks of 2015 Free HD Video!!!! $GOOGL $AAPL $TSLA $SSYS $VXX $VIX $SPY $SPX #stocks … http://t.co/gOyJTWVTjR
ChartMasterpieces
29 Mar 15 23:02:31
Commented on StockTwits: "@SouthPawTrader: $SPY $ES_F Big picture 12 hr, not that hard to see what's up. White re... http://t.co/xm3HwITo4U
Alpha Maven Alerts
29 Mar 15 23:01:52
$GOOG active, relative volume: 4.29, 1H, 2:00 AM, #nasdaq $NDX $SPY
Alpha Maven Alerts
29 Mar 15 23:01:51
$FB active, relative volume: 3.94, 1H, 2:00 AM, #nasdaq $NDX $SPY
Alpha Maven Alerts
29 Mar 15 23:01:50
$AAPL active, relative volume: 5.87, 1H, 2:00 AM, #nasdaq $NDX $SPY
Ken Dobson
29 Mar 15 23:01:21
RT @lancejepsen: $SPY Durable Goods Orders in U.S. Unexpectedly Fell in February http://t.co/X7rNJ5ai8q
ChartMasterpieces
29 Mar 15 23:00:32
Commented on StockTwits: "@ThePonz: $SPY also a good place to try starter 207 puts a week out" http://t.co/TY9VVutnHZ
Benjamin Fridman
29 Mar 15 22:58:56
I'm checking out $SPY #thinkorswim http://t.co/tGehJ0JrbC
Alpha Maven
29 Mar 15 22:56:55
RT @szaman: Watch List 03/30/2015 http://t.co/QQ2esPWW5Z $CEMP $CPRX $CYBR $DVAX $EBIX $GWPH $ONDK $RGEN $SPY.
OM_giveaways
29 Mar 15 22:56:06
Top 5 Stocks of 2015 Free HD Video!!!! $GOOGL $AAPL $TSLA $SSYS $VXX $VIX $SPY $SPX #stocks http://t.co/M2rcBOWo2Z http://t.co/d8XeIf0H6o
Kevin Yan
29 Mar 15 22:55:42
RT @StockTwits: How big is the U.S.? This big. Amazing share from @_seandavid -> http://t.co/GeKMi9c9cI $SPY $DIA http://t.co/8T59qhGuR8
Shayne Heffernan
29 Mar 15 22:55:23
US Major Markets: Support And Resistance: US Major Markets: Support And Resistance $SPY, $DIA, $QQQ The concep... http://t.co/68Aakt1TDw
MarketSwingPlayer
29 Mar 15 22:50:21
$ES_F $SPY Is this a reversal? Long Signal, Shake it! I am the Queen of Wall Street after all. GL with your trades http://t.co/jZRL0WDDCJ
Forex First Aids
29 Mar 15 22:50:21
RT @derivatrader: GM's Cadillac CT6 tests strategy for taking fat out of big cars: NEW YORK (Reuters) - When Gene... http://t.co/kIwNx3YRJN…
Wayne Nguyen
29 Mar 15 22:48:41
Commented on StockTwits: rarely Chineses lead, but when they do, it's usually a big bang $SPY $iwm $QQQ http://t.co/4xFCzCs37b
Options Trader
29 Mar 15 22:48:02
GM's Cadillac CT6 tests strategy for taking fat out of big cars: NEW YORK (Reuters) - When Gene... http://t.co/kIwNx3YRJN $SPY $QQQ $IWM
Inside Stock Alerts
29 Mar 15 22:48:01
GM's Cadillac CT6 tests strategy for taking fat out of big cars: NEW YORK (Reuters) - When Gene... http://t.co/DotDdEBPnY $SPY $QQQ $IWM
528Canna
29 Mar 15 22:46:04
RT @szaman: Watch List 03/30/2015 http://t.co/QQ2esPWW5Z $CEMP $CPRX $CYBR $DVAX $EBIX $GWPH $ONDK $RGEN $SPY.
Forex First Aids
29 Mar 15 22:38:08
RT @derivatrader: Ford revives the Lincoln Continental, aims at U.S. and China: NEW YORK (Reuters) - Ford Motor C... http://t.co/txudApURCW…
$AAPL
29 Mar 15 22:36:59
The Closing Bell is out! http://t.co/vPVuuXz49m $EURUSD $GBPUSD $USDJPY $AUDUSD $SPY $TWTR $GPRO $YHOO $LNKD $FB… http://t.co/gOyJTWVTjR
				
				
By  +Follow October 16, 2013 8:45AM
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