A winning day for value. The seven month last place finish of QQQ in the broad ETF group is starting to look long term, KIE is having a nice day, no doubt happy about BRK.B prospects.
The chart shows tCC for the major indexes covering 7 months or 147 trade days. Note the IJR portfolio of small caps beats out IWM for first place by 5 natural log basis points or whatever they are called. .46 equates to a 59% return, while .21 = 23%. The Signal column shows what happened… Continue reading 5/3/21 Where We At?