The SPY stock is just the ticker for something called the “SPDR S&P 500 ETF Trust”. And THAT is basically a basket full of 500 large companies in the United States. When you buy one share of SPY, you immediately own a little bit of each of those companies.
Where can I find the latest SPDR S&P 500 ETF Trust (spy) stock discussion?
Find the latest SPDR S&P 500 ETF Trust (SPY) stock discussion in Yahoo Finance's forum. Share your opinion and gain insight from other stock traders and investors.
Why do people use spy StockTwits?
Though it may not big the most popular chat room on the platform, SPY Stocktwits still serves as the reference because SPY embodies the pulse of the overall market. When SPY is trading up or lower significantly, most of the stocks will have a similar pattern. Therefore, followers of the stock may add SPY tag ($SPY) to their ideas or comments.
