Daily Charts - Sell Low, Buy High
1.Sell Low, Buy High.
Yup -- in the world of credit spreads things are upside down...
And what else is upside down?
The logic that credit spreads should be at 17-year lows at a time where forward looking risk is the highest in years.
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2.Unequal Weighted...
The top 10 stocks of the cap-weighted S&P500 $.SPX(.SPX)$ carry a weighting almost 20x that of their equivalent standing in the equal-weighted index.
Over the long-run the equal-weighted index has outperformed the cap weighted, and this is why -- the cap weighted skews heavily into the hottest, largest, most mature and overvalued stocks... and lightly into the newer, smaller, cheaper stocks.
(also, makes you think --are you really as diversified as you think you are?)
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3.Despite some fairly decent performance, absolutely no interest in gold $Gold - main 2502(GCmain)$ or miners by retail...
*none*
What does that tell you?
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- KSR·01-21 08:28👍LikeReport