The S&P may be on to a trend of underperforming the equal weight S&P right until it hits the support. An outperformance of RSP likely means a tilt towards value and an underperformance of the MAG 7.
We shall see what happens, I think the Mag 7 can out perform in the short term given the pace of multiple contraction ~37x earnings to ~25x earnings.
We shall see what happens, I think the Mag 7 can out perform in the short term given the pace of multiple contraction ~37x earnings to ~25x earnings.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.