Food for Thought SPXEW (S&P equal weight) vs SPX (S&P500) This is the SPXEW (S&P 500 equal weight) vs the SPX (S&P500). Just some food for thought. Not bullish or bearish but people have pointed this out to me.
SPXEW
$SPX EQUAL WEIGHT OUTPERFORM INDEX:SPXEW wicking hard at the 2008-9 crash zone. exposure to mag 7 is significant risk. If you're bullish US equities, consider equal weight or small caps. The rotation is happening. Also tagging monthly oversold.
Based on this TF, I might expect value to outperform over the next few years. This falls in line with our bullish asia international thesis as that sector tends to be centered around value, not necessarily tech.
