Right now, they're both chasing Facebook into year end...
ZH: Oct. 26, 2015
"equal-weight is underperforning cap. weight by 2.4% over the past 12 months - the biggest decoupling since 2008."
Equal Weight - Cap Weighted
The last time the divergence was this large, was right before the Flash Crash in August. I'm sure it will be different this time...
Close-up
Skynet is trying the exact same desperate trick it tried in the summer aka. internet stock moonshot (Google lower pane)...
Nasdaq 100 with % of stocks above 200 dma:
"equal-weight is underperforning cap. weight by 2.4% over the past 12 months - the biggest decoupling since 2008."
S&P Equal Weight / Market Cap Weighted
aka. Google, Amazon, Facebook and Microsoft...
aka. Google, Amazon, Facebook and Microsoft...
Equal Weight - Cap Weighted
The last time the divergence was this large, was right before the Flash Crash in August. I'm sure it will be different this time...
Close-up
Skynet is trying the exact same desperate trick it tried in the summer aka. internet stock moonshot (Google lower pane)...
Nasdaq 100 with % of stocks above 200 dma: