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ETF Watch – IVV (S&P500)

The IVV is an iShares ASX listed ETF that provides exposure to the S&P500 index of stocks.

Our Algo Engine has triggered multiple buy signals over the past 3 years and so far, no sell signals. However, with the index at 18x earnings and deteriorating global economic data, we feel now is an opportunity to lock-in gains and wait for the next Algo Engine buy signal.

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Chart – IVV

 

 

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