YWR: Killer Charts
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Disclosure: Personal Views Only. Not investment recommendations.
In February we introduced the possibility that the rally since June 2022 in the S&P 500 is setting up for another leg down. This week’s Killer Charts continues that theme and is sponsored by Kailash Concepts (KCR).
KCR helps us zoom out and consider whether the 2022 decline in the S&P 500 and the switch from growth to value has a lot further to go. These charts are all updated as of Jan 31, 2023.
Was US large cap growth a bubble?…..
35% of the Russell 2500 stocks have negative earnings? That’s not a stable set up…
At the end of the 2000 bubble there were no more software companies trading at 10x sales. We’re almost there…