Mega Cap Stocks lower from here:Threw together some drawings on the MGK chart, but the same pattern can be seen on AMEX:SPY AMEX:VTI or other big indexes. I feel like the failure of NVDA to push higher on a very positive earnings report is sort of the canary in the coal mine here. Everyone knows about the inverted yield curve
Key stats
About Vanguard Mega Cap Growth ETF
Home page
Inception date
Dec 17, 2007
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
The Vanguard Group, Inc.
Distributor
Vanguard Marketing Corp.
The fund provides focused exposure to the largest growth companies in the US. It selects companies exhibiting six growth characteristics: future long-term growth in earnings per share (EPS), future short-term growth in EPS, three-year historical growth in EPS, three-year historical growth in sales per share, current investment-to-assets ratio, and return on assets. Securities are scored and ranked based on the composite value of these six growth factors. Overall, the fund provides market-like exposure. The index is fully reviewed on a quarterly basis.
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Retail Trade
Stock breakdown by region
Top 10 holdings
Mega Cap Growth Stocks - Stick a fork in itShort of a miracle, it sure looks to me as if the mega cap stocks that fueled this 2 year rally have lost their fuel and are head down, and possibly in a big way this year. The trading channels are very clear for this ETF. You can see where they lost the steeper bull channel, retested it, and now ha
Can Mega Cap Growth Make A Comeback?One of the most important, yet consistently underappreciated, aspects of technical analysis is the concept of relative strength.
As a portfolio manager, one must be held accountable to some type of benchmark. And thus, if we want to outperform said benchmark, we most own things that are outperfo
Mega Cap ETF vs Equal Weighted ETF.....huge divergence today.This a chart comparing apples to oranges, essentially. One is MGK, a megacap ETF and the other is an equal weighted ETF based on the entire S&P500. The Nasdaq is getting bitchslapped today and this is the reason - it's very top heavy because of the organizational weighting of the index itself. I'
Mega Caps underperform I speculated yesterday that it is to be seen if yesterdays squeeze-like move can be sustained. Well, at least under the hood of the market it it seems like it can't. Mega Caps get sold after they moved higher yesterday post-FOMC, while the broad basket gets bid up. Similar situation over at the FI c
$MGK Pullback Buyers Hunting For The Entry$MGK has had a great run higher doubling in value from the lows. This move higher did get quite overextended creating an overshoot on the highs. When a market blows through a level (in this case the channel highs) and overshoots it, the response is very important. In this case, the response was imme
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.