Barchart.com's Chart of the Day - S&P 500 ETF
Jim Van Meerten - Barchart.com - Fri Feb 15, 2:45PM CST
Related Stocks
 IVV - S&P 500 Ishares Core ETF
SymLastChgPct
IVV285.45+1.17+0.41%

The Barchart Chart of the Day belongs to the S&P 500 ETF (IVV). I thought it was important to see just how much the Market has recovered since it's recent low point on 12/26/18. Since the Trend Spotter signaled a buy on 1/31 the ETF gained 2.57%.

The iShares Core SP 500 ETF seeks to track the investment results of an index composed of large-capitalization U.S. equities. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the SP 500 Index (the Underlying Index). The Underlying Index measures the performance of the large-capitalization sector of the U.S. equity market. The Underlying Index includes approximately 82.9% of the market capitalization of all publicly-traded U.S. equity securities. The component stocks are weighted according to the float-adjusted market value of their outstanding shares. The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index.

IVV

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

Fundamental factors:

It seems since the S&P 500 Index is trading above all it's moving averages including 90.69% of all the stocks contained in the S&P 500 are trading above their 50 day moving averages that all but the most conservative or risk adverse investors should have no reason not to be back into the Market.

Disclosure: I am/we are long IVV.