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SPY ETF: The Pain Will End In 2023

Byadmin

Dec 31, 2022
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SPY: Two Down Years Are Rare

With the final trading day of 2022 concluded on December 30, we enter 2023 with cautious optimism. The S&P 500 ETF (NYSEARCA:SPY) (SPX) posted a 2022 total return of about -18%, outperforming

SPY price chart (weekly)

SPY price chart (weekly) (TradingView)

S&P 500 earnings growth estimates %

S&P 500 earnings growth estimates % (Yardeni Research, Refinitiv)

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Image and article originally from seekingalpha.com. Read the original article here.