Today’s chart of the day was shared on Twitter by Scott Redler (@RedDogT3). It’s a daily candlestick chart of the S&P 500 index, prior to today’s open. The S&P 500 opened and closed at an all-time high today. More importantly, itย held above the key level that Scott noted (2954-2964). The reason this level is so […]
Archives for July 2019
Is Value Back in Vogue?
Value stocks have had a rough go of it in recent years, especially when compared to their growth factor counterparts. Held back by weakness in Financials, Healthcare and Energy which together comprise 40% of the S&P 500 Value Index ($IVE) – the group has underperformed the S&P 500 Growth Index ($IVW) by roughly 100% over […]
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