News Formal

JP Morgan's market guru say his 'once in a decade' trade is upon us

  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

J.P. Morgan's chief quant says the big rotation into value names should continue, and that stocks should move higher into October, and beyond.

that the underperformance of value stocks, relative to volatility and momentum stocks, was worse than any historical factor divergence, even during the 1990s tech bubble.

Kolanovic says there is now another all-time extreme divergence, which came last Friday with the record performance gap between large cap companies and small cap names. The strategist says his small cap momentum indicator, based on a weighted 1-, 3-, 6- and 12-month price momentum, reached its maximum negative reading.

"Many similar indicators suggest the gap is not sustainable between value, cyclicals, SMid and high beta stocks on one side, and momentum, low volatility, and growth on the other side," he wrote.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Space company Maxar shares rally as JP Morgan calls for stock to climb over 70%J.P. Morgan began coverage of Maxar Technologies on Tuesday with an overweight rating.
Source: CNBC - 🏆 12. / 72 Read more »

Space company Maxar shares rally as JP Morgan calls for stock to climb over 70%J.P. Morgan began coverage of Maxar Technologies on Tuesday with an overweight rating.
Source: CNBC - 🏆 12. / 72 Read more »