Is It Game Over For Growth Stocks?

07.19.24: Mary Ellen McGonagle, MEM Edge report, reviews which areas of the market have moved into favor amid the S&P 500 pullback. She compares value vs. growth stocks and the merits of both, and highlights the move away from technology stocks. Which areas are poised for more downside?Watch to find out!

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00:00 - Welcome!
00:27 - Headline News: "Trump" Trade, Inflation Data
02:00 - S&P 500 ($SPX), Nasdaq Composite ($COMPQ)
03:59 - S&P Sector Overview
05:06 - Staples (XLP), Discretionary (XLY), Comm. Services (XLC)
06:35 - Technology (XLK)
07:25 - Regional Bank ETF (KRE), Homebuilders (XHB), Russell 2000 (IWM)
09:42 - Biotech ETF (IBB), S&P 500 Retail ETF (XRT)
10:43 - Tech-Software Sector ETF (IGV), Semiconductor ETF (SOXX)
13:02 - Volatility Index ($VIX), Nvidia (NVDA)
15:50 - GROWTH vs. VALUE (VUG vs. VTV)
17:08 - Nasdaq 100 Members Performance
18:43 - Tesla (TSLA), Apple (AAPL), Alphabet (GOOGL)
21:20 - Meta Platforms (META), Microsoft (MSFT)
22:40 - Amazon (AMZN), Netflix (NFLX)
24:20 - Wrap up, Have a great week!

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❗️DISCLAIMER
Past performance is not indicative of future results. Neither the Show Participants
Strategies or investments discussed may fluctuate in price or value.

Investments or strategies mentioned in this show may not be suitable for you and
you should make your own independent decision regarding them. This material
does not take into account your particular investment objectives, financial situation
or needs and is not intended as recommendations appropriate for you.

You should strongly consider seeking advice from your own investment advisor

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👀 See what better financial charting can do for you!
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[shanew]

Growrh stocks aren't over. Rate cuts will help them too.

[mehrdadmithra]

Even 5 days late, I find your reports interesting and useful, thank you .

[jimmyjoesmith]

Thank you. Very informative as always.

[davidcook]

thank you. Great summary of the week.

[viszfgr]

Thanks Mary Ellen, appreciate your clear analysis :)

[GulfCoast]

Great recap as always. Thanks Mary Ellen

[mlangbert]

Thanks, Mary Ellen. You're phenomenal.

[johnholmes]

Getting more conservative stocks and being careful real estate stocks look good but lots of choppy waters ahead!

[AngelicStreak]

Yeah, funny how Lyn Alden about 1 or 2 years ago said "I would avoid tech and growth stocks now, and look at value stocks." And look at what happened since then.

[cottondog]

Mary Ellen, thank you for the info you share. I had some difficulty with the sound. You voice was a bit distorted. You might want to listen to this to see if it sounds different than usual. Maybe a different mic? Maybe it's just me.

[kodiakgriz]

Seasonal playbook strength thru late July... welcome to volatility coaster Aug-Oct

[wread]

Come on you know no one can predict the future 😜🙌🏽