1.Growth Advantage Over Value Continues in 2018.
S&P 500 Growth Index +1.78% vs. S&P Value -3.62%
Large cap value stocks have been underperforming since August 2006.
https://pensionpartners.com/value-investing-and-tolerating-pain/
Topley’s Top Ten – April 19, 2018
1.Commodities Break Out to New Highs YTD.
CRB-Jefferies Commodity Index
Showed this chart a number of times on Top 10…..Red downtrend line goes back to 2012…Break above it happened at end of 2017
Topley’s Top Ten – April 18, 2018
1.VIX Roll Over.
Arrow #1-smart money max short VIX….Arrow #2 smart money max long VIX
Topley’s Top Ten Short Version – April 17, 2018
1.60% of the Money Made in S&P During the Last 4 Years Came From Only Seven Stocks.
Look at the chart below; 60% of the money made in the S&P 500 during the last four-plus years came from only seven common stocks.
Guru Focus
https://www.gurufocus.com/news/666219/the-good-shepherd-investor Continue reading
Topley’s Top Ten – April 16, 2018
1.Chinese Venture Funding is 15x 2013 Levels….2017 Saw Almost Equal Funding to U.S.
Silicon Valley Powered American Tech Dominance—Now It Has a Challenger
An exclusive WSJ analysis shows how venture-capital investment from Asia is skyrocketing, threatening to shift power over innovation
By Phred Dvorak and Yasufumi Saito
Silicon Valley, long the undisputed king of venture capital, is now sharing its throne with Asia.
A decade ago, nearly three-quarters of the world’s financing of innovative, tech-heavy startups and young companies took place in the U.S., with American investors plowing money into mostly U.S.-based venture firms.
Now, a surge of new money—mostly from China—has helped drive funding totals into the stratosphere and has transformed the venture landscape, according to an exclusive Wall Street Journal analysis of venture funding data.
Asian investors directed nearly as much money into startups last year as American investors did—40% of the record $154 billion in global venture financing versus 44%, the Journal’s analysis of data from private markets data tracker Dow Jones VentureSource found. Asia’s share is up from less than 5% just 10 years ago.