The big underlying catalysts include:
Optimism surrounding a potential US Iran ceasefire extension & the memory stocks skyrocketing to the moon.
Backed by these 2 catalysts, S&P500 scored its 9th consecutive weekly advance - cementing May as one of the single strongest growth months of the entire trading year.
Fortunately for me, I continue to stay invested and saw my index ETFs like $SPDR Portfolio S&P 500 ETF(SPYM)$ blasted to fresh record shattering all time highs in May.
SPYM is a mini version of $SPDR S&P 500 ETF Trust(SPY)$ as it also tracks the S&P500 index with the tiniest expense ratio of 0.02%, perfect for long term investors like me.
Investing can be so simple with SPYM as it does the heavy lifting for me without the angst of individual stock risks.
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- zumaΒ·05-31 09:56thx1Report