We’ve been talking about this rotation out of Growth Stocks and into Value Stocks since last year. The trend here has been very strong.
We keep seeing this all over. Check this out for more.
Another chart that stood out this weekend was the number of new 52-week highs on the NYSE, which has much more exposure to value and much less growth.
Meanwhile, the Nasdaq, which is almost all Growth, isn’t seeing these new highs at all.
No one wants them. [Read more…]