GROWTH AND VALUE STOCKS ARE BOTH WEAKENING -- CONSUMER DISCRETIONARY AND TECH SPDRS HAVE FALLEN TO THEIR 200-DAY AVERAGES TO LEAD MARKET LOWER

Oct 11 18:10 2018 Print This Article

GROWTH AND VALUE STOCKS ARE BOTH FALLING... One of the explanations for this week's big selloff is that the upside breakout in bond yields is hurting growth stocks. That's been especially true of consumer discretionary and technology stocks which suffered the biggest losses this month. Chart 1 shows the

Consumer Discretionary SPDR (XLY) falling all the way to its

Read More

About Article Author

Stockcharts.com

StockCharts.com was founded in 1999 by Chip Anderson, a 10-year veteran of Microsoft. StockCharts.com is a website that provides online investors with high-quality financial charts for making better investing decisions. StockCharts.com is focused on Technical Analysis - the study of price history via charts. They provide award-winning analysis tools, market commentary from respected analysts like John Murphy and Martin Pring, and a huge collection of educational resources that can help anyone become a better, more informed investor.

Related Items

Tech Talk for Monday April 22nd 2019

  The Bottom Line U.S. equity markets were mixed again last week despite better than consensus first quarter results released to date by S&P 500 and Dow Jones Industrial companies. Strength in the U.S. Dollar Index dampened enthusiasm for U.S. equities. Canadian equities performed slightly better ...

US sanctions waiver Asia

Prepared by Jeff Halley, Senior Market Analyst   US sanctions waiver Asia Robust US retail data and a continuing positive procession of Q1 earnings data lifted Wall Street and the dollar on Friday. However, the bond market continues to be more circumspect among all the upbeat noise from earnings ...

Book Bits | 20 April 2019

● The Technology Fallacy: How People Are the Real Key to Digital Transformation By Gerald C. Kane, et al.Q&A with authors via publisher (MIT Press) Q: The data you collected over a period of four years required surveying over 16,000 people who have experienced and responded to digital disruption. ...

Week Ahead: Odds Stacked Against A Sustainable Breakout; 11760 Still Remains Important To Watch

The past week was quite eventful for the Indian equity markets. The short 3-day working week saw the benchmark index NIFTY50 marking a fresh high and attempting a breakout. Along with that, it also saw the NIFTY not confirming this breakout, slipping below the all-important 11760 mark once again. ...

Railroad Stocks Lead the Transports and Industrial Sector Higher

Editor's Note: This article was originally published in John Murphy's Market Message on Friday, April 19th at 10:21am ET. Two stock groups did better than the rest of the market this week. Transportation stocks had another strong week. As did the Industrial Sector SPDR (XLI) which was the week ...

US REITs Suffer Biggest Weekly Loss So Far In 2019

Real estate investment trusts (REITs) in the US tumbled last week, posting the biggest setback for the major asset classes during the shortened trading week that ended on April 18, based on a set of exchange traded funds. The loss, the deepest for this corner of the market since a plunge late last ...

Daily Markets Broadcast 2019-04-22

Daily Markets Broadcast 2019-04-22 Wall Street extends gains on strong retail sales US indices continued to rally on Thursday after retail sales data for March came in higher than expected. The US30 index has continued the rally in early trading this morning. Markets were closed on Friday and many ...

Robinson Crusoe and the Carbon Tax

Suppose I impose a carbon tax on Robinson Crusoe. But I give him a rebate exactly equal to the tax he pays. That tax plus rebate will have no effect on Robinson Crusoe's behaviour. He knows that if he cuts carbon by 1kg, and pays $1 less tax, his rebate also falls by $1, so his net tax (= tax minus ...