On Sunday, the U.S. kicked off its latest round of tariff on China goods.
The U.S.is imposing 15% tariff rate on a range of imports from China, including footwear, smart watches and flat-panel televisions - which are largely consumer goods. As part of this fresh round of levies, tariffs on $112 billion worth of Chinese goods have already been slapped on Sunday, with plans to impose duties on another $160 billion in mid-December.
The tariffs prior to Sunday’s announcement were more focused on intermediate inputs like industrial components.
According to the American Apparel and Footwear Association, 91.6% of Chinese apparel imports will be affected by the new round of tariffs, while 68.4% of home textiles and 52.5% of footwear would be hit as well.
The remainder of the tariffs on China, planned for December, are expected to include cell phones and laptops as well.
However, U.S. President Donald Trump has indicated that U.S. negotiations/talks with China are still underway, such as their scheduled meetings in September. The U.S. administrators are splitting up the tariff impositions apparently to mitigate the cost effect on during holiday shopping season.
SPY saw its Momentum Indicator move above the 0 level on June 03, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 68 similar instances where the indicator turned positive. In of the 68 cases, the stock moved higher in the following days. The odds of a move higher are at .
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 53 cases over the following month. The odds of a continued upward trend are .
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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPY advanced for three days, in of 367 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 436 cases where SPY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
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.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Category LargeBlend