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SPDR S&P 500
SPY.US
a fund tracking S&P500
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Don't look now but the $SPDR S&P 500(SPY.US) just closed below it's 50 DMA
market just feels exhausted tbh
no major headlines but once again seeing a rotation from tech to financials/healthcare$Broadcom(AVGO.US) and $Oracle(ORCL.US) continue down and pulling all the datacent...............SPY back to green observation no position.
Source: Sunrise Trader
$Unitedhealth(UNH.US) Outperforming the S&P as money rotates to healthcare
TOM LEE JUST NOW:
- Sees S&P 500 reaching $7700 in 2026- The Fed is weighing the downside risk to the labor market (the Fed put) and now stopping QT which is good for markets- Small caps and Financials.........

