User: Tantalus: Small Caps: slopechart_IWO/IWN.jpg
Growth vs. Value ETFs. I see a slow grind higher for growth stocks relative to value stocks until the end of October last year. What changed?
I can't blame it on COVID.
Economic weakness. The strong economy was a lie. The market melt-up started in Sept 2019 with the Fed's first repo move. I was ready to throw in the towel with the market ignoring the virus in February. Fed action made the month of March a faded memory and the melt-up has continued.
Hummm ... .
5*/ES-3*/NQ says pretty much the same thing.