$SPY
State Street SPDR S&P 500 ETF Trust
754.83 +1.76%
2026-02-172026-06-15
L 631.97·H 759.57
83 closes · daily · Yahoo Finance
Market Cap
P/E
27.0
52w Range
592 – 760
Mentions 30d
12
01
FinTwit Mentions
12 tweets · last 180 days
@dannycheng2022
12d ago

$SPY (June 3, 2026-daily chart update) In late March, the double volatility holes marked the exact bottoming stage — right when 99.9% of big influencers and Elliott Wave gurus were screaming that $SPY would crash to 5800, 5500, or even 5000. I tried my very best to convince my community by highlighting my signals in the weekly insights, but unfortunately not everyone listened. Those who trusted me believed, bought the dip, and added aggressively along the way. The skeptics unsubscribed and got swept up by the flood of bearish posts on X. Since the trend reversal candle, momentum has been building steadily. My chart has continued to deliver reliable signals, allowing our community to add and accumulate confidently by following the highlighted indicators. Looking back, everything has played out with near-perfect accuracy. Sometimes it’s not about how meticulous your fundamental research or TA is — it’s about finding the right people who selflessly share their perspective and time-tested indicators.

35 likes4 rt4 replies
@dannycheng2022
14d ago

RT @cantonmeow: The amount of gains lost when worried about daily bearish divergence is illustrated here on this $SPY chart. https://t.co/FPfuza6GPO

0 likes2 rt0 replies
@dannycheng2022
14d ago

The amount of gains lost when worried about daily bearish divergence is illustrated here on this $SPY chart. https://t.co/FPfuza6GPO

49 likes2 rt1 replies
@dannycheng2022
15d ago

Just had a good chat today with a local young guy who is also a very good friend of mine. He’s been a loyal subscriber since 2024. He showed me his portfolio — 55 stocks, very evenly diversified, including $VOO, $QQQ, $SPY, and $IWM. Honestly speaking, I rarely give financial advice to anybody, including my father, but as a close friend, I decided to be completely honest with him. While heavy diversification is great for spreading risk, the flip side is that you often miss out on meaningful upside when a few stocks really take off. My suggestion was simple: rebalance the portfolio and identify 3–5 high-conviction stocks that are strongly aligned with the current AI cycle and trim the rest. Then, bet heavy on them — especially when whales provide a big discount or when my two proprietary systems flash strong bullish signals. That way, he can move from overly broad diversification to a more concentrated yet still diversified portfolio — the kind most people actually need if they want to achieve real financial freedom.

52 likes3 rt3 replies
@dannycheng2022
15d ago

Why I’ve Stayed Bullish on $SPY for 3 Years Straight — And Why the Permabears Keep Getting It Wrong (May 31, 2026-monthly chart) Over the past three years, I've consistently shared my $SPY charts on X, and every single time they've sparked heated debate—mostly from the same permabears who keep declaring "the top is in" and urging extreme caution. They've repeated this warning countless times, yet those who listened have missed one of the strongest bull runs in history. Since early 2024, I’ve posted my bullish thesis more than 50 times in my Weekly Insights, which are crafted to cut through all the unnecessary noise and fear-mongering on X and social media. Of course, not everyone will be convinced. Whenever the market offered attractive discounts during temporary pullbacks, some skeptics unsubscribed. Honestly? That’s fine with me. Our community is stronger and clearer without the doubt. Overall, it is this monthly chart (from November 2015 to June 2026) that gives me the strong conviction and confidence to keep holding and DCAing my core conviction stocks. Yes, I simply focus on this one chart to determine the direction, because I am well-positioned in all my core stocks — and I continue to add and DCA on every meaningful dip. The stock market doesn’t reward impatience or constant in-and-out trading. It rewards those with the discipline to ride the long-term uptrend. So keep shorting if you think the top is in. The whales are always happy to accept your donations. The bull run isn’t over — and the trend remains your greatest ally. @cantonmeow @matthughes13 @tonylee80 @sheslee @starship_ride @Hiteshp99

18 likes2 rt0 replies
@dannycheng2022
16d ago

I shared numerous bullish tickers at the end of March and early April 2026 — right when my DIU indicator (Danny’s Indicator of Unsubscribers or Unfollowers) was hitting exceptional levels. I still remember that at that time, 99.9% of X furus were calling for $SPY to drop to 5800 or even 5000 by May. Today is the last day of May 2026, and luckily, that bearish scenario didn’t materialize — a solid slap in the face for those overly pessimistic TA calls. While charting over the weekend, I continue to find many strong bullish setups on the monthly charts. I’ll be highlighting them in my upcoming weekend review. Once a monthly chart flips bullish, it often signals the start of a sustained uptrend that can last for months or even years — far more significant than signals on daily or weekly timeframes. That’s exactly why I put so much effort into focusing on monthly charts: I don’t want anyone to miss these major moves. At the same time, I’ll also be sharing a list of stocks in my weekend insights that are showing clear bottoming patterns and appear ready for explosive upside soon. So if you missed some of the earlier parabolic runners I highlighted, there are still fresh opportunities with strong potential. Patience is the key!

85 likes1 rt5 replies
@dannycheng2022
17d ago

Honestly, looking back to late March and early April, the majority of voices on X were loudly calling for a sharp drop in May. Targets like $SPY to 5,800, $PLTR to $60–$100, $NVDA to $82, $TSLA to $280, $ONDS to $2, and $AMD to $120–$160 (mostly based on Elliott Wave counts or gap-fill theories) were all over social media. In hindsight, it became very clear who the real TA guys are and who the fake ones are. The genuine ones stayed objective, respected the higher-timeframe trend, and didn’t force ultra-bearish counts just to sound smart or chase engagement. The fake TA crowd, on the other hand, kept recycling the same broken patterns and doomsday scenarios — predictions that have been consistently wrong for years. Had anyone followed those fake calls, they would have completely missed this powerful parabolic rally. Retail sentiment remains low while a good portion of institutional money is still sitting on the sidelines. This is exactly why I see significant upside ahead. Every dip over the past three years has been a strong buying opportunity — and I believe this will continue. I have been holding and accumulating my winners since Jan 2023, as my research and technical analysis point to much higher prices. This is not financial advice — always do your own due diligence. But here’s the truth I’ve learned: don’t let the loud permabear noise affect your logic or strategy. The fake TA guys have been wrong for over a decade, and their excuses (recession fears, “it’s different this time,” broken wave counts) are getting weaker with every missed call. The market climbs walls of worry. Real edge comes from filtering out the noise, trusting your own process, and recognizing that fear is often the best contrarian signal. Stay disciplined, keep studying, and let real analysis — not the loudest voices — guide your decisions.

62 likes1 rt11 replies
@dannycheng2022
19d ago

$BB (May 27, 2026-daily chart) True diamond hands are extremely rare! I want to sincerely apologize for recommending $BB in the $4.5–$5.5 range to the community. I backed up my conviction by buying 40,000 shares myself in that range. Unfortunately, the stock pulled back sharply to the $3.20–$3.30 area. Many people reached out asking if I had cut my losses. As a genuine long-term investor, I did not — and I still have full conviction in the name. This experience has once again shown that most retail investors lack the patience, conviction, and emotional resilience to hold through volatility. Many unfollowed and unsubscribed right at the bottom, only to miss the strong parabolic move $BB is making now. At the end of the day, $QQQ and $SPY are probably the right products for 99.9% of retail traders. That said, I want to give a big congratulations and thank you to everyone in my community who stayed with me through the tough times and continues riding the momentum. Special respect goes to our female whale, LEE @sheslee, who holds over 400,000 shares and has remained rock-solid in her conviction the entire time. True diamond hands are rare — grateful to those who have them!

51 likes4 rt8 replies
@dannycheng2022
21d ago

Just sharing: A few friends believed the furus on X calling for $SPY to collapse to 5800. They bought puts in early April and took a six-figure loss.These are the same people who ignored my $NVDA thesis back in 2023 when it was around $30 and loaded up on puts against it. Retail never learn!

23 likes1 rt3 replies
@dannycheng2022
21d ago

Are you still following those "smart" gurus (with big followers) who have been predicting the top for $SPY and $NKY since 2023, and calling for the start of a new Great Depression?

16 likes1 rt3 replies
@dannycheng2022
23d ago

$SPX (May 23, 2026-daily chart update) No matter whether you are a short-term trader or a long-term investor, the first thing I always check is the broad market direction — primarily through the S&P 500 $SPX and its ETF, $SPY. Why? Because the major indices give you the clearest and most reliable picture of the overall market trend. They act as the heartbeat of the U.S. equity market. Before diving into individual stocks or sectors, understanding the direction and strength of the major indices helps you stay aligned with the primary trend and significantly improves your odds of success. Every day, I chart the following major indices and ETFs for my community so they are well-prepared before the market opens: 1. $DRAM – Roundhill Memory ETF (memory chips / AI infrastructure exposure) 2. $QQQ – Nasdaq-100 3. $SPY – S&P 500 4. $IWM – Russell 2000 (small caps) 5. $TNA – Small-cap bullish 3x leveraged ETF 6. $IGV – Software & Technology sector 7. $NASA – Tema Space Innovators ETF (space economy / innovators)

46 likes2 rt1 replies
@dannycheng2022
26d ago

My loyal subscriber and good friend Tommy shared with me what he did before joining my Patreon. Just like me, he’s a firm believer in long-term investing. Back in 2012, he put US$10,000 into $SPY and did absolutely nothing else — no trading, no timing, no stress. He simply let time and compounding do the work. Today, that single decision has turned his $10,000 into a 7.2X gain. This is the true beauty of long-term investing in strong indices. When you own the market instead of trying to beat it, patience becomes your greatest edge. If you’re unsure what to invest in or feel overwhelmed by the noise, let Tommy’s story be your proof: sometimes the most powerful move is doing nothing but holding quality for the long run.

71 likes2 rt3 replies
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