Jarvis™ Newsletter: Confusion Reigns, Rotation Away from Unprofitable Businesses Continues
leftbrainwm.substack.com
-Brian Dress, CFA, Director of Research, Investment Advisor Overview For most of 2021, we have seen a continued rise in the major market indexes, with the S&P 500 rising more than 24% and the NASDAQ up 17.8% for the year (as of Thursday 12/16). But throughout the year, we have observed a very different picture under the surface. On February 9 of this year, many growth stocks topped out and have struggled ever since. A great illustration of this point comes from the movement in the
Jarvis™ Newsletter: Confusion Reigns, Rotation Away from Unprofitable Businesses Continues
Jarvis™ Newsletter: Confusion Reigns…
Jarvis™ Newsletter: Confusion Reigns, Rotation Away from Unprofitable Businesses Continues
-Brian Dress, CFA, Director of Research, Investment Advisor Overview For most of 2021, we have seen a continued rise in the major market indexes, with the S&P 500 rising more than 24% and the NASDAQ up 17.8% for the year (as of Thursday 12/16). But throughout the year, we have observed a very different picture under the surface. On February 9 of this year, many growth stocks topped out and have struggled ever since. A great illustration of this point comes from the movement in the