Growth stock's hiatus ?
Growth stocks outperform value stocks most of the time on a weekly chart of 
VUG / VTV, Vanguard's growth and value elf's respectively.
Since the start of the 2022 bear market that relationship has reversed and, in August 2022, broke both horizontal support as well as a 14 year long diagonal support.
These breakouts are being retested now, in January 2023. The outcome can impact both trading and long term investing strategy.
For reference:
VUG / VTV, Vanguard's growth and value elf's respectively. Since the start of the 2022 bear market that relationship has reversed and, in August 2022, broke both horizontal support as well as a 14 year long diagonal support.
These breakouts are being retested now, in January 2023. The outcome can impact both trading and long term investing strategy.
For reference:
SPY in the bottom pane. Today's close: 400.35- Fib tool (not formal analysis)
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.