No. of Recommendations: 5
Didn't you point out, a week or 2 ago, that a graph of the NASDAQ 100 was rising faster than the SP500?

I remember a link to your software times webpage?


Good memory! Yes, I did, January 23 at METaR

Indexes are The Herd or The Crowd but not all indexes are created equal. Many years ago I noticed the divergence between the S&P 500 and the "tech-heavy" NASDAQ. A picture is worth a thousand words:

This picture is, like it or not, the macro stock analysis which convinced me that I should invest in growth stocks. You can do it via indexes (NASDAQ) or via certain ETFs. The odds are that you are better off with NASDAQ than with SPX. You might have less risk with SPX but at a steep price.

I noticed the divergence a long time ago, can't recall how long ago but certainly over a decade ago. What I'm pointing out today is that the divergence in 2020 is greater than I have ever seen before and I believe it is the corona virus is driving it. Stuff that depends on input from China is being hit hard and the money needs to go somewhere: cash, survival supplies, and safer stocks.

Denny Schlesinger
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