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GammaLab
Dec 16, 2021 3:12 PM

Mega Caps underperform  

MGK/RSPArca

Description

I speculated yesterday that it is to be seen if yesterdays squeeze-like move can be sustained. Well, at least under the hood of the market it it seems like it can't. Mega Caps get sold after they moved higher yesterday post-FOMC, while the broad basket gets bid up. Similar situation over at the FI complex: Yields come down as we speak as if the FOMC never happened.
Comments
GammaLab
Value is up 1.3% and pushing higher, growth down 1.5% now and that's despite falling yields.
ManlikeIs
Thanks for the info. I am starting to understand the market better reading your posts
GammaLab
@ManlikeIs, I like to hear that!
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