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Chart of the Week: S&P500 Barra Value/S&P600 Barra Growth Ratio

Posted By Barry Ritholtz On December 23, 2003 @ 12:15 pm In Finance,Media,Politics | Comments Disabled

The long awaited rotation from small cap stocks to large cap, from to value from growth, is well underway. This can also be described as a rotation from speculative low quality names into higher quality issues.

S&P500 Barra Value/S&P600 Barra Growth Ratio
sp500_vs_sp600.jpg
Source: StockCharts.com [1]

Technician John Murphy notes “the most notable gain is seen in large value, while the most notable drop is seen in small growth.” That suggests to us that the most recent shift has been a move to quality.

Random Items:
2003 Year in Review: A List of Lists (Meta-Metadata) [2]
Why the U.S. Treasury Market Just Won’t Go Down [3]
Hey, big spender [4]
Beyond Red and Blue in the 2004 Election [5]
10 reasons why investors prefer being ignorant [6]
Abby Joseph Cohen Looks to the Future [7]

Quote of the Day:
“I am part of the networks and the networks are part of me. I am visible to Google. I link, therefore I am.” -William Mitchell [8], author of “Me++ [9]


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2003/12/chart-of-the-week-sp500-barra-valuesp600-barra-growth-ratio/

URLs in this post:

[1] StockCharts.com: http://stockcharts.com/commentary/archives/

[2] 2003 Year in Review: A List of Lists (Meta-Metadata): http://www.fimoculous.com/year-review-2003.cfm

[3] Why the U.S. Treasury Market Just Won’t Go Down: http://quote.bloomberg.com/apps/news?pid=10000039&refer=columnist_baum&sid=aQnrmAc0KsPQ

[4] Hey, big spender: http://www.economist.com/printedition/displayStory.cfm?Story_ID=2299980

[5] Beyond Red and Blue in the 2004 Election: http://www.massinc.org/Commonwealth/new_map_exclusive/beyond_red_blue.html

[6] 10 reasons why investors prefer being ignorant: http://cbs.marketwatch.com/news/story.asp?guid=%7BC7CEE222%2D435B%2D4433%2DB73A%2D08C193D2907E%7D&siteid=mktw

[7] Abby Joseph Cohen Looks to the Future: http://hbsworkingknowledge.hbs.edu/pubitem.jhtml?id=3826&t=finance

[8] William Mitchell: http://www.guardian.co.uk/online/story/0,3605,1078077,00.html

[9] Me++: http://www.amazon.com/exec/obidos/tg/detail/-/0262134349/ref=ase_thebigpictu09-20/002-2267231-0348809?v=glance&s=books

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