Added to YB: 2024-01-02
Pitch date: 2024-01-02
SPY [bearish]
State Street SPDR S&P 500 ETF Trust
-66.95%
current return
Author Info
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Company Info
State Street SPDR S&P 500 ETF Trust is an exchange traded fund launched and managed by State Street Global Advisors, Inc.
Market Cap
$824.0B
Pitch Price
$456.79
Price Target
439.66 (-43%)
Dividend
0.93%
EV/EBITDA
N/A
P/E
7.55
EV/Sales
101.72
Sector
Capital Markets
Category
N/A
Show full summary:
Ragnarok Research recommends purchasing long-term Puts on SPY: Here is our analysis
Ragnarok: Short SPY, 5-10% downside. Buy Dec '26 $530 & $470 puts. Risks: fast rally, breadth & PCR peaks signal pullback. Jobs vs SPY divergence & over-optimistic Fed cut expectations support correction thesis.
Read full article (3 min)