Is The Rotation From Growth to Value or Offense to Defense?, Monday’s Bizarre Internals and What They Might Mean

Is The Rotation From Growth to Value or Offense to Defense?, Monday’s Bizarre Internals and What They Might Mean

Most analysts have been characterizing the current rotation in markets as from Growth to Value. However, while on Monday the S&P 500 Value ETF (IVE, -0.02%) outperformed the S&P 500 Growth ETF (IVW, -1.95%), on Tuesday growth (-0.43%) outperformed value (-1.35%). This calls into question the Growth to Value narrative.

QQQ: Failed Breakout Watch III, ARKK On The Precipice, Mackintosh: Inflation Is Everywhere, Ethereum and Dogecoin Mania

QQQ: Failed Breakout Watch III, ARKK On The Precipice, Mackintosh: Inflation Is Everywhere, Ethereum and Dogecoin Mania

On Wednesday morning April 21, I first wrote about a potential breakdown in the QQQ. Yesterday morning, I revisited the subject after the QQQ broke below its February 12 closing high around $336 to close around $330 on Tuesday.