SPDRs (Spiders) are index ETF shares that track the S&P 500, or could refer to other similar ETFs tracking other indices.
The SPDR is the longest standing ETF (exchange traded fund), and has existed since 1993. Unlike index mutual funds that track the S&P, ETFs can trade intraday, can be sold short, and bought on margin.
There are other SPDR ETFs that are spin-offs, and using “SPDRs” in the plural might refer to these as well. SPDRs are managed by State Street Global Advisors, and the S&P 500 SPDR is listed on the NYSE under the ticker symbol SPY.
Some SPDRs are actively managed or a hybrid of active/passive, but most are passively tracking their respective index.
The Black Swan Theory serves as a reminder to investors that unpredictable events can radically change the markets
While a client should be involved in communication efforts as well, it’s really the advisor that should be reaching...
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A Zero Coupon Bond is one that does not make interest payments - the bondholder only receives the face value back
Short interest is a term used to describe how many short positions are open for a given security or market at a given time
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Sources of retirement plan income, such as pensions, annuities, and IRAs, will be associated with a 1099-R filing
The Three Falling Peaks pattern forms when three minor Highs arrange along a downward-sloping trend line