SH

SPY: The Setup Looks Extremely Bearish

SPY has been on a strong run recently, but the outlook is very bearish right now. The S&P 500 is overvalued based on several valuation models. A weakening macroeconomic outlook also poses a severe headwind for SPY. SPY is facing a challenging economic environment and outlook.

J.P. Morgan's Kolanovic says the correction in stocks isn't finished yet

J.P. Morgan's Kolanovic says the correction in stocks isn't finished yet. He says the current slump in stocks and bonds isn't over. Quarterly reports are due this week. Inflation and geopolitical tensions are the main risks, he says. The 2-year US Treasury yield is consolidating at around 5%.

U.S. equities see the largest net buying since late February - GS

U.S. Equities see the largest net buying since late February - Goldman Sachs. The S&P 500 was down for the third straight week and traded lower for six straight sessions. Bitcoin-sensitive stocks, winners of the last 12 months underperformed. Overall U.S.-based equities saw the biggest net buying of the year.

The S&P 500 pullback may not be totally over – RBC Capital Markets

The S&P 500 has retraced 5.6% from its all-time trading high of 5,264.85. RBC Capital Markets says a further 10% pullback is a strong possibility. The financial institution says the next major levels to watch are 4,931 and 4,845.

Weekly Report: what happened at SH last week (0415-0419)?

S&P 500 drops below 5,000 for first time in two months

What’s next for the S&P 500? SA analysts weigh in

What’s next for the S&P 500? SA analysts weigh in. The month of April has not been a friendly one for the benchmark S&p 500 (SP500) The index has now come down by roughly 5% in April and closed in negative territory for the fifth consecutive trading session.

SPY has seen net outflows of more than $10B during latest slide