Bears are stronger than ever (Post pandemic Era)
The SPDR S&P 500 trust is an exchange-traded fund that trades on the NYSE Arca under the symbol. SPDR is an acronym for the Standard & Poor's Depositary Receipts, the former name of the ETF. It is designed to track the S&P 500 stock market index.
This ETF has the highest trading price volume among all the publicly traded assets in a year..!
In 2022, the 5-day price-volume average increased at least 60%, and SPY depreciated -by 7.57%..!
Interestingly, the price volume has increased to the level of the pandemic crash in 2020..!
This phenomenon clearly shows this can not be the same as the previous 5 or 6 corrections with the v-shape recovery.
Do not forget the previous corrections that happened during QE, and there will be a QT in the near future..!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
This ETF has the highest trading price volume among all the publicly traded assets in a year..!
In 2022, the 5-day price-volume average increased at least 60%, and SPY depreciated -by 7.57%..!
Interestingly, the price volume has increased to the level of the pandemic crash in 2020..!
This phenomenon clearly shows this can not be the same as the previous 5 or 6 corrections with the v-shape recovery.
Do not forget the previous corrections that happened during QE, and there will be a QT in the near future..!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
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