Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Stocks

Cap-Weighted Leadership Is Unhealthy

by November 18, 2023
November 18, 2023
Cap-Weighted Leadership Is Unhealthy

Below is a reprint of an article written Thursday in the subscriber-only DecisionPoint Alert:

One of the things we keep track of is the performance of the S&P 500 Index (SPY), which is cap-weighted, versus the S&P 500 Equal Weight Index (RSP). In a healthy bull market the equal weighted index (tan line) will out perform the cap-weighted index (blue line) because the advance is broadly based. This is demonstrated by the chart below.

As an advance gets closer to a top, participation narrows and the cap-weighted index takes the lead. We are now at that point in the rally, as you can see from the next chart — the leadership shifted months ago. That doesn’t mean that the rally has to end right away, but it will probably end sooner than later.

Good Luck & Good Trading,

Carl Swenlin & Erin Swenlin

Black Friday – Cyber Monday Sale is Coming for New Subscribers!

We will be running our best special yet next weekend! Be sure to sign up for our free email list from our homepage to ensure you get all the details! We also send out free articles and free educational material periodically. We will not blow up your inbox!

Learn more about DecisionPoint.com:

Watch the latest episode of DecisionPoint on StockCharts TV’s YouTube channel here!

Try us out for two weeks with a trial subscription!

Use coupon code: DPTRIAL2 at checkout!

Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin

(c) Copyright 2023 DecisionPoint.com

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.

Helpful DecisionPoint Links:

DecisionPoint Alert Chart List

DecisionPoint Golden Cross/Silver Cross Index Chart List

DecisionPoint Sector Chart List

DecisionPoint Chart Gallery

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)

ITBM and ITVM

SCTR Ranking

Bear Market Rules

0
FacebookTwitterGoogle +Pinterest
previous post
My Market Trend Model Is Pretty Bulled Up
next post
MEM TV: Easy Way To Uncover Best Candidates for These Markets

You may also like

Distribution Alert: QQQ Looks Top-Heavy as Energy Stocks...

August 6, 2023

Will The Markets Stage a Countertrend Bounce Next...

September 24, 2022

Be Ready for the Next Bull Market, Part...

November 16, 2022

Exceptionally Bearish Breadth

September 23, 2022

Investors Hesitant Ahead of Fed Meeting: How to...

September 17, 2024

No Signs of an Interest Rate Pause: Stocks...

May 3, 2023

Q4 Stock Market Outlook: 3 Analysts, 3 Insights

September 18, 2023

Energy Sector (XLE) Hits All-Time High, Should We...

September 8, 2023

At the Edge of Chaos: Liquidity is Evaporating....

September 19, 2022

DP Trading Room: Top Sectors & Industry Groups

January 9, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025
    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,568)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved