IVW / IVE _ A Growth vs. Value Analysis
IVW - iShares S&P 500 Growth ETF : Apple (11%), Microsoft (10%), Amazon (8%), Google (6%), Facebook (3%), Tesla (3%), Nvidia (3%), PayPal (2%), Netflix (2%), Adobe (1%),
IVE - iShares S&P 500 Value ETF : BERKSHIRE HATHAWAY INC CLASS B (3%), JPMORGAN CHASE & CO (3%), WALT DISNEY (2%), JOHNSON & JOHNSON...
Here is a very important chart: the ratio between growth stocks and value stocks.
Wave 3 could be ending soon as we just touched the ML of the PF and hit the 200% extension of W3 vs W1.
We are seeing an extended 5th within W3 which could top at 1.90 with a daily bearish divergence on the RSI.
If this count proves to be correct, we will see NDX under-perform the...