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snootmagruder

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snootmagruder

Re: RCKS post# 9834

Monday, 04/13/2020 11:21:59 AM

Monday, April 13, 2020 11:21:59 AM

Post# of 10312
Hi RCKS,
I did some work on the FANGM theory influencing the Happy family over the weekend. Two things of note, first, the Qs typically have a deeper correction than SPX as a percentage as evidence in the Dec 2018 drop (about 6% more than SPX) which had the FANGM stocks then as well as now. Second, the Q equal weight chart below did not take out the Dec 2018 low.

http://stockcharts.com/c-sc/sc?s=QQEW&p=240&st=2009-01-01&en=2020-05-29&i=p58773679344&a=737242192&r=1586790701308

if it looks right it is right

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