The Fed announced additional $2.3 trillion loans to support coronavirus-stricken-economy
The Federal Reserve launched an additional $2.3 trillion in lending program for small and mid-size US businesses as well as local governments, to support the economy amid COVID-19 pandemic.
On Thursday, the US central bank announced that it will pump upto $600 billion into small and mid-size companies, as part of its Main Street lending facility. It will work with banks, with latter required to keep 5% stake in the loans they originate or increase for the businesses under this program; banks can sell the remaining loans – roughly upto $600 billion – to the Fed. Loans will be directed towards businesses with upto 10,000 employees or less than $2.5 billion in revenue.
The Fed will also directly inject up to $500 billion into local governments, by directly buying municipal bonds with up to two year’s duration. This is for the states, the District of Columbia, counties with more than 2 million residents, and cities of more than 1 million.
The programs announced on Thursday will be backed by $195 billion in capital provided by the U.S. Treasury. That is only a portion of the $454 billion that Treasury was provided under the CARES act for new Fed programs
SPY sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for SPY moved above the 200-day moving average on June 27, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 03, 2025. You may want to consider a long position or call options on SPY as a result. In of 68 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SPY just turned positive on June 26, 2025. Looking at past instances where SPY's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPY advanced for three days, in of 365 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 432 cases where SPY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for SPY moved out of overbought territory on July 11, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 45 similar instances where the indicator moved out of overbought territory. In of the 45 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SPY broke above its upper Bollinger Band on June 26, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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