This. When the turn around in the economy hits, this will no longer be true. But IMO that is still a ways off. Getting out of the growth stuff now will make you literally want to kill yourself as you watch huge gains happen in your absence. The time for yields and utilities is not even close IMO. But that time will come, and when it comes, it could make 2008 and March 2020 look like a freaking Smurf party....
latest BoAML FMS estimates of how the cool kids are positioned. FYI, "cool kids" are mostly losers in the long run lol
Comod 60% down of the time and indust that returned 40% in the last 10 y vs 400% from tech. No wonder. ,,cool kids" ;D
%% Twenty + year patterns with profits; back into tech+ tech etfs. Some pay dividends also, but i never ''chase'' yield or dividends. Warren Buffet called bitcoin ''rat poison'' so it takes all kinds to make a market. A good trend if tech is selling is SQQQ+ inverses like that; but tech tends to trend so well, so long, i'm surprised sqqq is not stronger for the week.
Very cool! The link has a chart pop up - is there a link where I can get that chart for different periods, as its updated over time? And so the blue items are what people are into more than they are historically, and the red items are what people are into less than historically? Do you know over what periods and what not? Thanks!
Just add XLF and that's what I have been in -- actually I use the 3X version of all those (ERX, TPOR & FAS). The YTD return of XLE, XLF & IYT equals about 21% vs. DIA which is up about 8%. The SPY is up 5% & the QQQ is up 2%. Even IWM was only up 17%. Interestingly the IWN was up 25% -- even today it was up 0.31%. If the 10 year is going to 2% I'm sure these value ETFs will outperform anything high growth.
You'll have to find the historical data from BoAML individually. It's a pain they don't provide time series of individual survey results.