Daily Report : Two sides of the S&P 500 - total return vs. equal weight; SPY stretches far above its average traded value


  • Jason Goepfert

    Jason Goepfert

    Published: 2020-08-11 at 17:32:02 CDT

The S&P 500's total return index, which includes dividends, has hit a new all-time high. The equal-weight version of the index, which puts all of the stocks on equal footing, is still more than 7% below its own high. This has only happened on four other days in 30 years, in late 1999 and early 2000.; The S&P 500 ETF, SPY, has stretched more than 11.5% above its Volume-Weighted Average Price (VWAP) over the past 250 sessions. This is a large deviation from its trend, one of the few times in 25 years it has rebounded from far below average to far above it.


This post is available to SentimenTrader members only.

Log into your account

To view this blog post, you'll need to log into your SentimenTrader account.

Login to your account

Don't have an account?

Sign up to get RISK-FREE access to all of our indicators, models, commentary and award-winning research.

If you've never tried the service before, there is no charge for the first 30 days. Then pay as little as $1.59 per trading day for access to our award-winning research.