SPY: Potential, Yes, But Risks Ahead Too [Seeking Alpha]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.apple.com
Company Research
Source: Seeking Alpha
However, there are risks to consider when considering investing for returns this year too. The key one is the macro economy, which can slow down in the upcoming quarters. The index's P/E is also trading higher than its historical average and its exposure to cyclicals is appreciable. The S&P 500 ( SP500 ) has done quite well in the first quarter of 2024 (Q1 2024), up by 9.7% at the time of writing. By extension, its replica fund, the SPDR S&P 500 ETF Trust ( NYSEARCA: SPY ) is also ahead. There are two reasons why this trend is particularly interesting: The rise slightly outstrips the Nasdaq tracker fund Invesco QQQ Trust ETF ( QQQ ) so far this year. This is a turn in trend from last year when QQQ saw an increase of 54% compared with 24% for SPY. The SPY's lead is trivial at present (see chart below) but at the very least it indicates that it has caught up with QQQ. The rise is even more significant considering that it comes at a time when the US economy is expected to see a
Show less
Read more
Impact Snapshot
Event Time:
AAPL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AAPL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AAPL alerts
High impacting Apple Inc. news events
Weekly update
A roundup of the hottest topics
AAPL
News
- Apple's iPhone AI Plans Confirmed With New Software Release [Forbes]Forbes
- UPDATE 1-Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports [Yahoo! Finance]Yahoo! Finance
- Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports [Reuters]Reuters
- Apple Intensifies Talks With OpenAI for iPhone Generative AI Features [BNN Bloomberg (Canada)]BNN Bloomberg
- The best deals at Best Buy ahead of Memorial Day can save you hundreds on tech, home goods and more [CBS News]CBS News
AAPL
Earnings
- 2/1/24 - Beat
AAPL
Sec Filings
- 4/17/24 - Form 4
- 4/15/24 - Form 4
- 4/15/24 - Form 4
- AAPL's page on the SEC website