The S&P 500 was created on March 4, 1957, by Standard & Poor's , a financial ratings company formed in 1941 from a merger between Standard Statistics Company and Poor's Publishing Company.
Standard Statistics released the first stock market index in 1923, which included 233 companies. After the merger, this number rose to 416 and then to 500 in 1957.
Since then, Standard & Poor's has removed the S&P 500 The Dow Jones 30 Index is the most representative index of the US stock market. In addition, the Standard & Poor's takes its value depending on the market capitalization of the companies that fall under it, while the value of the Dow Jones Index depends exclusively on stock prices.
This means that a $1 change in the stock of a large company in the S&P 500 will have a greater impact on the index than that of smaller companies. This is why the S&P is considered more representative of the market situation.
Now we review the results of the advanced Labbott trading indicators with the SPY indicator in the American market
Frame: daily
Regarding option contracts, whether call or put, on the SPAX indicator, we notice that the indicator’s performance is very effective and all goals are achieved with high efficiency
This depends on the strategy of the trader himself in terms of the expiry date of the contract and the strike
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