IVW: Sell The Bad Slice Of The S&P 500 (Archive)
Growth-heavy IVW remains vulnerable as higher-for-longer rates pressure long-duration equities.
This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.
Elevator Pitch
- The Fed is staying the course with interest rate hikes, and hence there is more pain ahead for growth stocks.
- The iShares S&P 500 Growth ETF gives you a growth slice of the S&P 500. In the current macro environment, it is poised to underperform the market.
- My technical analysis framework based on Trend Flow, Support/Resistance Location, and False Breakout Traps shows that the IVW vs. SPX500 pair and the standalone IVW instrument could be moving toward.
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
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