🤯 Have you seen our AI stock pickers’ 2024 results? 84.62%! Grab November’s list now.Pick Stocks with AI

Stocks May Stall If Liquidity Issues Continue to Persist

Published 09/25/2024, 01:08 PM
USD/CAD
-
US500
-
NVDA
-
DX
-

I reviewed the spread on the SPDR S&P 500 ETF Trust (NYSE:SPY) yesterday. The white bars represent yesterday’s data, and the comparison is against the 180-day historical average. The spreads are noticeably higher than normal.

We’ve observed this widening of spreads multiple times with SPY.

It wouldn’t be surprising to see the spreads slightly wider again yesterday. Yesterday, spreads were around two cents, and yesterday they traded mostly in the one-and-a-half to two-cent range, which is above the norm.

Looking at the 20-day historical average, this is about where we’ve been recently. So, spreads are likely to remain around where they were yesterday or maybe just slightly lower, but for the most part, they’re consistent with recent averages.

I'll discuss everything in detail in the video below.

Original Post

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.