growth to value ratio showing signs of breaking down$AMEX:SPYG/AMEX:SPYV appears to be close to or breaking an uptrend.
Key stats
About SPDR Series Trust SPDR Portfolio S&P 500 Growth ETF
Home page
Inception date
Sep 25, 2000
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
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
SPYG is a large-cap growth fund, holding roughly 300 companies selected from the well-known S&P 500 Index based on three growth factors: sales growth, the ratio of earnings change to price, and momentum. Eligible securities are those that meet certain liquidity and size requirements and have positive reported earnings in the most recent quarters. At times, given the limited number of holdings to reflect sector representation, securities meeting these criteria do not guarantee automatic index inclusion. The fund competes directly with iShares' IVW and Vanguard's VOOG, and its portfolio looks much like theirs. Compared with our neutral growth benchmark, SPYG makes sizable sector bets at times. Because it pulls from the S&P 500, SPYG also carries some midcap exposure that our narrower benchmark excludes. The Index is weighted by market-cap and rebalanced annually. Prior to October 16, 2017 the fund traded under name SPDR S&P 500 Growth ETF.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stock breakdown by region
relief for this growth indexthe fed has quietly halted bottom line reductions of the balance sheet, markets should rally leading into the holiday season and then tank once again. Short term view bullish.
The growth vs value ratios are making higher lowsAt the above pane is the SP:SPX making new lows; I really thoght that the low was already made.
Then in red in Small Cap Growth vs Small Cap Value (IWO/IWN), in green is the S&P Growth vs S&P Value (SPYG/SPYV) and in yellow is the Consumer Discretionary vs Consumer Staples (XLY/XLP).
There are a
Leading ratio to spot bull marketsThe eternal battle, growth vs value. This ratio AMEX:SPYG / AMEX:SPYV has helped in the past in spotting peaks and throughs of the SP:SPX . But for the las few years, is better at timing bottoms.
It did in the 2018 correction, in the Covid crash of 2019 and is doing it now. The ratio starts to
S&P Growth (SPYG) Channels since 2002 - Way, Way Above NormalFYSA, SPYG tracks teh top 50 largest securities in the S&P 500. Holds 5 of the 6 FAAMNG stocks, which accounts for 39% of the ETF.
I laid out what I see as the 4 main channels for SPYG. It is clearly obvious that it the current trend is way above the trend from both the 2002-2008 and 2010-2019. You
I do not care if you rally....but please rally "right" :).
The current rally is largely driven by the so called "growth complex" - companies that sell dreams instead earning cash. In a perfect text book world this should not happen at all, particularly given the explosive rise in inflation expectations.
Yes, the market is a
Growth vs ValueGrowth is down 1.93%, while value is down only 0.17%. This suggests that the current rut can still be characterized as a rotation rather a broad sell-off. Should vol spike higher this can of course change quickly.
Putting the rotation into contextGrowth lost about 1% today, while value gained 0,6%. So instead of a pure sell off we rather have a rotation at hand. But lets take a view from 30.000 foot above and put that rotation into context: Starting 2020 the growth/value ratio increased about 50% as illustrated in the chart, what renders tod
SPX's Value Vs. Growth, "Do not let them get you this time"big guys in the market, the" Market Makers" are rotating their assets from
growth to value, this signal happened twice in 20 years !!!! I need to spend some
time on this they say it is a good strategy to follow. we shall see how
can we analysis it in the future. I hop our community would shed som
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Summarizing what the indicators are suggesting.
Oscillators
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Oscillators
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Neutral
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Neutral
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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.