Chart o’ the Day: The “Right” Stocks Leading

When examining uptrends and breakouts – specifically at inflection points (say, new highs for example), traders like to see the “right” stocks leading.

The good news, in this regard, is that small cap and mid cap “growth” stocks are now overtaking their “value counterparts. This is indicative of a strengthening risk appetite and possibly a wider belief in true economic recovery. For much of the first half, the rally had been led by the “bond-like” defensive stocks and large cap Old Man names. This changeover is welcome and speaks to a possible sentiment shift.

Here’s Stephen Suttmeier, the technical strategist at Bank of America Merrill Lynch, with a relative chart illustrating this positive development:

growth vs value

 

Source:

Bank of America Merrill Lynch

What's been said:

Discussions found on the web
  1. immediate edge trading commented on Sep 21

    … [Trackback]

    […] Find More on to that Topic: thereformedbroker.com/2013/07/16/chart-o-the-day-the-right-stocks-leading/ […]

  2. bitcoin era reviews 2020 commented on Sep 22

    … [Trackback]

    […] There you can find 21069 additional Information on that Topic: thereformedbroker.com/2013/07/16/chart-o-the-day-the-right-stocks-leading/ […]

  3. bitcoin evolution commented on Oct 02

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2013/07/16/chart-o-the-day-the-right-stocks-leading/ […]

  4. how to access onion addresses commented on Oct 11

    … [Trackback]

    […] Find More Information here to that Topic: thereformedbroker.com/2013/07/16/chart-o-the-day-the-right-stocks-leading/ […]

  5. porn movie commented on Oct 18

    … [Trackback]

    […] Read More on on that Topic: thereformedbroker.com/2013/07/16/chart-o-the-day-the-right-stocks-leading/ […]

  6. Benefits of Intelligent Automation commented on Nov 14

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2013/07/16/chart-o-the-day-the-right-stocks-leading/ […]

  7. Energy Rates commented on Nov 18

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2013/07/16/chart-o-the-day-the-right-stocks-leading/ […]

  8. Devops commented on Nov 19

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2013/07/16/chart-o-the-day-the-right-stocks-leading/ […]

  9. fake rolex oysterquartz day date value commented on Nov 25

    … [Trackback]

    […] Read More Info here on that Topic: thereformedbroker.com/2013/07/16/chart-o-the-day-the-right-stocks-leading/ […]

  10. 토토사이트 commented on Dec 03

    … [Trackback]

    […] Read More Info here on that Topic: thereformedbroker.com/2013/07/16/chart-o-the-day-the-right-stocks-leading/ […]

  11. Sexy commented on Dec 28

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2013/07/16/chart-o-the-day-the-right-stocks-leading/ […]

  12. cheap wigs commented on Dec 31

    … [Trackback]

    […] Read More Information here to that Topic: thereformedbroker.com/2013/07/16/chart-o-the-day-the-right-stocks-leading/ […]

  13. wigs commented on Jan 22

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2013/07/16/chart-o-the-day-the-right-stocks-leading/ […]

Read this next.