Assumption: Discrediting the abnormal wick down in Wave 1 as an outlier that does not affect the overall wave count. While the overall S&P 500 Index has already reached a 4.236 Extension this cycle (which typically marks the top and end of a Bull run), the S&P 500 Large Cap Value Index has not yet reached such heights. Wave 3 (ending at the C-19 sell-off crash)...
The Decline in Value The iShares S&P 500 Value ETF seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. Top 10 Holdings BERKSHIRE HATHAWAY INC CLASS B 3.12 JOHNSON & JOHNSON 2.36 PROCTER & GAMBLE 2.02 EXXON MOBIL CORP 1.81 WALT DISNEY 1.45 CHEVRON CORP 1.43 UNITEDHEALTH GROUP INC...
Value, Banks & Dinasaur Juice have been the winning trend the first two weeks of 2022. The market is closed on Monday 1/17/22 for Martin Luther King, Jr. Day. I'm anticipating a fairly volatile gap move from today's close till Tuesday 1/18 market open. The question is what sector/s and/or stocks, will gap up or gap down? There are several plausible scenarios what...