I recently opened a short position on Tesla based on the ABCD elon space time continuum I noticed recently while performing some divergence analyses. Basically, the idea is simple. Tesla will eventually become a hardcore meme stock. Reddit users will blast Tesla into space towards the moon, but while doing so Elon will force Tesla to exceed the maximum velocity...
MGK: Growth
MGC: Blended
MGV: Value
As we can see, value is pulling ahead. Growth has expended its fuel through 2021. Beware of growth, bias portfolios toward blended or value.
MGK: Vanguard Growth Mega Cap
MGC: Vanguard Blended Mega Cap
MGV: Vanguard Value Mega Cap
In my previous divergence analysis of MGK and MGV, I noted the deviation of MGK away from MGV suggests MGK is overvalued relative to MGV. I also noted that MGK's divergence away from MGC was disproportionate with MGV's inverse divergence. As a result, I concluded that not...
MGK: Vanguard's growth mega cap etf
MGC: blended mega etf
MGV: value mega etf
MGK's divergence away from MGV reflects the fact that the surging prices of stocks such as TSLA have become far overvalued relative to stocks with good price to book ratios (ie banks). This divergence can't last, its the largest ever seen and totally out of touch with reality. Growth...
