My WT Cross Strategy has alerted me to a buy signal for IWF, at a price of $153.66 using a 180-min time frame. My idea is to buy the dip, at a price below $153.66. I will update when I get the signal to close the trade.
I am using the following parameters for this trade:
Channel Length - 1000
Average Length - 1
Average Length2 - 11
I have a Pro+...
taking a longer term view one sure has to consider your FANG stocks getting pricey at these levels. Now this is not parabolic action quite yet but one has to start thinking earnings for decades to come are priced in already.
Long Russell 1000 Value / Short Russell 1000 Growth
In a market with declining corporate profits and a stagnant real disposable incomes, growth is scarce. However, with bond yields indiscriminately driving equity valuations towards records across nearly all sectors (both cyclical and non-cyclical) value is even more scarce, and becoming scarcer as multiple...