With Bonds getting destroyed this year, it’s put pressure on growth stocks, because of their long-duration characteristics.
As rates rise, it puts a lot of pressure on growth stocks. That’s why historically the more Value oriented stocks and sectors tend to outperform when rates are rising.
When rates are falling that’s when growth stocks usually thrive the most.
We all know this. The data is free.
BUT, a funny thing has happened over the last few months.
With bonds continuing to collapse and breaking those summer lows, the Nasdaq has been outperforming the S&P500.
What does the stock market know that we don’t?
Who’s right here?
Why is this divergence taking place?
Is this something we’ll look back on in 3 months and point to as an important piece of information?
What’s going on here?
In the meantime, there is money to be made on much shorter timeframes.
There’s no doubt it. But as you guys know, this is not my area of expertise.
So just like Options are not my bread and butter, so I brought in Sean McLaughlin 4 years ago into the ASC Family, I would like to introduce you to my old buddy Kimmy Sokoloff.
Kimmy is our new superstar swing trader!!
She has 25 years of experience on the Institutional side. And now she’s bringing that expertise to ASC readers every day. How awesome is that?
Kimmy is already 2-for-2 with her new Swing Trader Pro service kicking off her inaugural week here at All Star Charts… and we couldn’t be more thrilled about the results.
She’ll just be wrapping up her morning trading session, so we’ll be able to talk about what’s working in the market in real-time.
Kimmy will reveal her latest trades. Plus, she’ll show you the stock’s she’s watching as a volatile week continues to unfold.
Now’s your chance to see a pro in action.
I’ll see you there…