Growth vs. Value Update: Does the Market Know Something?Today, a leading technical analyst noted that growth was breaking out vs. value. This analyst flipped bullish a few days ago from bearish, after the US indices rose well off the 5/20/22 lows.
Having pulled up my relative charts—the above chart is a ratio chart of RPG vs RPV—downtrend lines have bee
Key stats
About Invesco S&P 500 Pure Growth ETF
Home page
Inception date
Mar 1, 2006
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
RPG seeks a pure growth profile, meaning it tries to exclude value or core exposure from the style spectrum. It pursues its objective by selecting companies from the S&P 500 Index based on three growth factors: current internal growth rate, historical EPS growth and historical sales / share growth. RPG's growth-score weighting scheme gives proportionally greater weights to those showing strong growth characteristics. The fund uses a full replication method to track its index, which is rebalanced annually.
Classification
What's in the fund
Exposure type
Consumer Services
Technology Services
Finance
Electronic Technology
Stock breakdown by region
Top 10 holdings
TEEMO Long biased Indices trading SystemTEEMO Long biased Indices
Rules:
Go long:
When momentum indicator is BLUE, and TEEMO(white line) is below the 1MA low(thin green line)
Set Stop loss on TEEMO.
Adjust stop loss up as based TEEMO'S movement.
On there chart there are:
10 good signals indicated by the green arrows
3 bad signals
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.