SPY looking to finish week higher after bouncing off 200-Week MA
SPY ETF is currently up for the week after a dramatic fall over the last ten days. The SPY has dipped into our oversold territory for the first time since February 2016 but found support this week at the 200-Week Moving Average (red line above). #stocks #spy #investing #stockmarket #sp500 #invest
US Fed tilts towards a rate cut despite the postponement. HKMA left the rate unchanged at 5.75% May 2, 2024 Brent crude oil hits seven-week low May 2, 2024 Target Thursdays: USDJPY, Copper & EURCAD May 2, 2024 WTI oil declines on rising inventories and negotiations between Israel and Hamas. Rising unemployment in New Zealand may force RBNZ to start cutting rates earlier May 1, 2024 Bitcoin stumbles below $60k ahead of Fed May 1, 2024 Expert Says Now Looks Like a Good Time To Buy This Renewable Energy Stock Apr 30, 2024 Optimism over corporate earnings is fueling stock indices. The Hong Kong index reached a 5-month high Apr 30, 2024 FXTM’s Copper: Hits fresh two-year high! Apr 30, 2024 European indices grow on the ECB’s “dovish” position. Quarterly reports of mega-companies support the broad market Apr 29, 2024 Japanese yen shows volatility amid speculation of intervention Apr 29, 2024
Recent Posts
By Wendy Whitman Cobb, Air University If all goes well late on May 6, 2024,…
By Christopher Decker, University of Nebraska Omaha The Federal Reserve held interest rates steady at…
By JustMarkets At Tuesday's close, the Dow Jones Index (US30) added 0.23%, while the S&P 500 Index (US500) was…
By RoboForex Analytical Department Brent crude oil prices have dropped to $83.95 per barrel on…
By ForexTime USDJPY sees over 700-pip swing Copper selloff rewards bears EURCAD hits all bearish targets…
By Selcuk Uluagac, Florida International University You probably know better than to click on links…
This website uses cookies.
Accept