Breaking News Instant updates and real-time market news.

SPX

S&P 500

, SPY

SPDR S&P 500 ETF Trust

$264.18

-1.46 (-0.55%)

10:46
04/06/18
04/06
10:46
04/06/18
10:46

Technical Take: SPDR S&P 500 ETF has a potential bearish pattern

On a closing price basis chart of 1-week bars, there is a potential bearish flag pattern that could become active today. Where the SPDR S&P 500 ETF (SPY) closes would determine this, with a move below $263 and more especially $262 confirming that the pattern is active. Long-term downside potential would be to the $245 area. This pattern would be voided through time by roughly hewing to current price above $263 for several weeks or by a price rise today that sustains above $266.

SPX

S&P 500

SPY

SPDR S&P 500 ETF Trust

$264.18

-1.46 (-0.55%)

SPX S&P 500

04/10/17
MSCO
04/10/17
NO CHANGE
MSCO
Morgan Stanley sets S&P 500 'base case' price target of 2,700
Morgan Stanley U.S. Equity Strategist Michael Wilson set a 12-month "base case" price target of 2,700 for the S&P 500, stating that market technicals are in "very good shape" and institutional and retail data suggest U.S. equity positioning is not extreme. A cyclical upturn began a year ago as the global business cycle bottomed in Q1 of 2016 and President Trump's election then "turbocharged" that cycle, said Wilson.
12/11/17
OPCO
12/11/17
NO CHANGE
OPCO
Oppenheimer initiates S&P 500 price target of $3,000 in 2018 on outlook
Oppenheimer has initiated an S&P 500 price target of $3,000 in 2018 as it believes the fundamentals - both economic growth and corporate earnings - will likely improve further in 2018. Its price target and earnings estimate do not include any assumptions about what tax reform might ultimately look like.
01/23/18
BOFA
01/23/18
NO CHANGE
BOFA
S&P 500 2018 year target raised to 3,000 from 2,800 at BofA/Merrill
04/02/18
MSCO
04/02/18
NO CHANGE
MSCO
Utilities view lowered to Equal Weight at Morgan Stanley
Morgan Stanley equity strategist Michael Wilson said he thinks many of the risks facing the market have now been priced in and he sees value in the S&P, which is currently at the low end of his target near-term range ahead of what will likely be a strong Q1 earnings season. However, he is moving the Utilities sector to Equal Weight from Overweight, stating that this is not a sell call for those who recently bought the stocks but that a tactical overweight after recent relative outperformance no longer makes sense.
SPY SPDR S&P 500 ETF Trust
$264.18

-1.46 (-0.55%)

06/28/17
GSCO
06/28/17
NO CHANGE
GSCO
S&P 500 price target raised to 2,400 from 2,300 at Goldman Sachs
Goldman analyst David Kostin raised his S&P 500 earnings estimate to $129 from $123 in 2017 and to $139 from $129 in 2018 to reflect strong Q1 results and higher expected growth in Financials and Info Tech. Kostin raised his year-end S&P 500 price target to 2,400 from 2,300 to reflect earnings growth of 9%, offset by a 4% contraction in the forward multiple.

TODAY'S FREE FLY STORIES

STN

Stantec

09:33
04/26/18
04/26
09:33
04/26/18
09:33
Upgrade
Stantec rating change  »

Stantec upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 10

    May

  • 10

    May

  • 10

    May

ETR

Entergy

09:33
04/26/18
04/26
09:33
04/26/18
09:33
Upgrade
Entergy rating change  »

Entergy upgraded to Peer…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 04

    May

WBK

Westpac Banking

09:32
04/26/18
04/26
09:32
04/26/18
09:32
Downgrade
Westpac Banking rating change  »

Westpac Banking…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ABBV

AbbVie

09:32
04/26/18
04/26
09:32
04/26/18
09:32
Earnings
AbbVie says FY18 EPS guidance assumes revenue appoaching $32.6B »

FY18 revenue consensus…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Apr

  • 27

    Apr

  • 08

    May

  • 21

    May

  • 05

    Jun

09:30
04/26/18
04/26
09:30
04/26/18
09:30
General news
Breaking General news story  »

Week of 4/22 Bloomberg…

UPS

UPS

, AMZN

Amazon.com

09:29
04/26/18
04/26
09:29
04/26/18
09:29
Hot Stocks
UPS says relationship with Amazon.com 'mutually beneficial' »

Says company's…

UPS

UPS

AMZN

Amazon.com

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Apr

  • 26

    Apr

  • 27

    Apr

TER

Teradyne

09:28
04/26/18
04/26
09:28
04/26/18
09:28
Recommendations
Teradyne analyst commentary  »

Teradyne price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 16

    May

  • 30

    May

AMEH

Apollo Medical

09:25
04/26/18
04/26
09:25
04/26/18
09:25
Initiation
Apollo Medical initiated  »

Apollo Medical initiated…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    May

  • 18

    Jun

HLX

Helix Energy

09:23
04/26/18
04/26
09:23
04/26/18
09:23
Upgrade
Helix Energy rating change  »

Helix Energy upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 07

    May

BAYRY

Bayer

, MON

Monsanto

09:23
04/26/18
04/26
09:23
04/26/18
09:23
Periodicals
Bayer-Monsanto deal on track for U.S. approval by May, Reuters reports »

Bayer (BAYRY) is on track…

BAYRY

Bayer

MON

Monsanto

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

  • 08

    May

  • 18

    May

BA

Boeing

09:22
04/26/18
04/26
09:22
04/26/18
09:22
Recommendations
Boeing analyst commentary  »

Boeing price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    May

SIEGY

Siemens

09:22
04/26/18
04/26
09:22
04/26/18
09:22
Hot Stocks
Siemens names Barbara Humpton as CEO for the U.S., effective June 1 »

Siemens Corporation…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Apr

  • 21

    May

USG

USG

09:21
04/26/18
04/26
09:21
04/26/18
09:21
Hot Stocks
USG sends letter to stockholders in response to Knauf »

USG Corporation filed an…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EBAY

eBay

09:20
04/26/18
04/26
09:20
04/26/18
09:20
Recommendations
eBay analyst commentary  »

eBay post-earnings…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

THR

Thermon Group

09:19
04/26/18
04/26
09:19
04/26/18
09:19
Upgrade
Thermon Group rating change  »

Thermon Group upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Jun

AMD

AMD

09:19
04/26/18
04/26
09:19
04/26/18
09:19
Hot Stocks
AMD says working with number of unannounced data center clients »

AMD CEO Lisa Su is…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 02

    May

SPX

S&P 500

, VIX

Volatility Index S&P 500 Options

09:18
04/26/18
04/26
09:18
04/26/18
09:18
Options
Overnight activity included 235 trades in SPX and 3 trades in VIX »

235 trades were executed…

SPX

S&P 500

VIX

Volatility Index S&P 500 Options

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

HES

Hess Corp.

09:17
04/26/18
04/26
09:17
04/26/18
09:17
Downgrade
Hess Corp. rating change  »

Hess Corp. downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    May

UPLD

Upland Software

09:17
04/26/18
04/26
09:17
04/26/18
09:17
Hot Stocks
Upland Software partners with Thavron Solutions for IT management »

Upland Software announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    May

  • 29

    May

  • 12

    Jun

BKU

BankUnited

09:17
04/26/18
04/26
09:17
04/26/18
09:17
Upgrade
BankUnited rating change  »

BankUnited upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

UPS

UPS

09:17
04/26/18
04/26
09:17
04/26/18
09:17
Hot Stocks
Breaking Hot Stocks news story on UPS »

UPS says confident a deal…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Apr

COP

ConocoPhillips

09:17
04/26/18
04/26
09:17
04/26/18
09:17
Downgrade
ConocoPhillips rating change  »

ConocoPhillips downgraded…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Apr

  • 07

    May

  • 22

    May

  • 30

    May

ABBV

AbbVie

09:16
04/26/18
04/26
09:16
04/26/18
09:16
Hot Stocks
Breaking Hot Stocks news story on AbbVie »

AbbVie says 'highly…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Apr

  • 27

    Apr

  • 08

    May

  • 21

    May

  • 05

    Jun

AAL

American Airlines

09:16
04/26/18
04/26
09:16
04/26/18
09:16
Hot Stocks
Breaking Hot Stocks news story on American Airlines »

American Airlines: EPS…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Apr

  • 26

    Jun

PLUS

ePlus

09:16
04/26/18
04/26
09:16
04/26/18
09:16
Hot Stocks
ePlus ePlus announces 500,000 share stock repurchase program »

ePlus announced that its…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.