Episode 154 (Yiddish): SPY vs. the S&P 500 – Who’s Driving the Price?

I invest in the I get in the S&P 500 shares when index funds. By the way, the driving force was drive the price the spy is the pressure and the S&P 500 the S&P 500 open the selling pressure is on the spy. Is it going up or down? Thanks again. Fine. So, so spy basically is a ETF ETF who was the fund track the S&P 500 S&P 500. So the S&P 500 the S&P 500 do the VU index funds from Fidelity from Vanguard Goldman Sachs broker a track the S&P 500 but the most popular one is spy versus a ETF versus a fund mentioned coin infin shares specific technically change of spy shares mention spy shares the S&P 500 S&P 500 of the S&P 500 in real time. The shortest question, the S&P 500, the S&P 500, which by the way, the S&P 500 is the finest the companies of the New York Stock Exchange or America, whatever. But the point is the point from the S&P 500 test as the Bismar diversified fish all companies in America. So if trust in the American economy died comfortably in the S&P 500 okay conversation but this is basically the S&P 500 S&P 500 million experts, arbiters, those guy managing Google, Microsoft, Apple, Tesla, those managing companies in America in the S&P 500. invested in the S&P 500. By the way, session lesson of anything in the options market. com/blogs lessons options market call options put options play it down options the spy. So the fund manager manage the fund the ETF spy. So basically shares the companies the S&P 500 companies shares. So Zan's job is basically a proportionate amount equally invested in companies. The point is the shares whatever the point is as the equally distributed fish companies equally invested companies as basically percentage wise of the S&P 500 the S&P 500% the companies 500% the question is yet so equal weight so of the of the spy. So basically shares manager and automatically in the companies in the actual companies the S&P 500 in the Apple in the Google in the Microsoft the S&P 500 the spyan aligned value in the spy spy shares the S&P 500 spy shares while the fund manager the positions in the S&P 500 the actual companies I match the value from the winded stocks So authorized participants. So institutions shares as the spy index 500. So the S&P 500 is the original. This is the So the S&P 500, the actual stocks from the S&P 500. This is the SPY, the reflection. So the reflection is in the S&P 500. Well, this is in France. This is the S&P 500. So the driver is is the performance from the companies from the S&P 500 and the spy plion second by second. Split second by split second. 500 vis. loot to the S&P 500 the spy to the S&P 500. The is a basket of stocks in the spy. is n as the spy owned yet companies in the proportion Microsoft and the value from the S&P 500 in the spy arbitrage mechanism. This is basically participants involved the authorized participants. So authorized participants bank, trading firms, billions of trillions of dollars in the basket. So the spy cleans the drift S&P 500 authorized participants expensive ones basically rebalance the S&P the spy the shares in the spy was amounted the spy owned the S&P 500 company the portfolio adjusted from the S&P 500. So this marked basically as the spy spy and the stacks inside the spy move as mentioned. So the store across across the Okay. This is exactly the S&P 500 shares companies from the US. So the S&P 500 is the stock. So the spy from the S&P 500 trading firms from the S&P 500 the cheaper ones expensive retail trader in split seconds as the S&P 500 the system naturally moves in the S&P 500 the arbitrage firms the partners Question any question finance related text C8455721212 [Music]