Growth stock's hiatus ?

Growth stocks outperform value stocks most of the time on a weekly chart of VUG / VTV, Vanguard's growth and value elf's respectively.
Since the start of the 2022 bear market that relationship has reversed and, in August 2022, broke both horizontal support as well as a 14 year long diagonal support.
These breakouts are being retested now, in January 2023. The outcome can impact both trading and long term investing strategy.

For reference:
  • SPY in the bottom pane. Today's close: 400.35
  • Fib tool (not formal analysis)


Fundamental AnalysisGrowthTECHtechnologyValue

Отказ от ответственности