SPY tracks the S&P 500 index, providing diversified exposure to 500 of the largest US companies. It is the most actively traded ETF in the world.
The Fed is done hiking. Inflation is trending toward 2.5%. Corporate earnings are beating estimates at a 78% clip this quarter. That's the trifecta for equities. The put/call ratio is still elevated, meaning there's a wall of worry to climb. When sentiment is cautious but fundam...