Large-cap growth underperformance a bear market signal
The speaker observed that significant underperformance of the Russell 1000 Growth Index relative to the S&P 500, amid peak excitement for AI/tech, is a pattern that has only appeared during past bear markets.
Sign in to read the full idea
The argument, what validates it, the risks discussed and hearing it from the source are for signed-in members. Free accounts read 3 ideas in full a day. No card required.
The story so far
CONTESTED · 21 MENTIONS · 7 EPISODES · 4 SHOWS
27 JUL 2026 — 14 AUG 2026 · YESTERDAY
16 SUPPORT · 3 CHALLENGE · 2 REPEAT
- CNBC FAST MONEY
- THE ALPHA EXCHANGE · 2 MENTIONS
- CNBC FAST MONEY
- THE OPTIONS INSIDER RADIO NETWORK
- THE OPTIONS INSIDER RADIO NETWORK · 3 MENTIONS
- EXCESS RETURNS · 5 MENTIONS
- New vs old era stock correlation at record low
- Tech and communications sectors face a bear market
- Large-cap growth underperformance a bear market signal · THIS IDEA
- AI capex slowdown would spook the stock market
- New era stocks can bear market without broad correction
- THE OPTIONS INSIDER RADIO NETWORK · 8 MENTIONS
- Volatility death spiral post-election
- Deep-in-the-money VIX put spread as financing trade
- VIX 15 puts as cheap downside vol protection · CHALLENGES
- Implied correlation as a future vol trade · CHALLENGES
- VIX meltdown into Jackson Hole
- Short VIX term structure on curve normalization
- Rolling VIX 35 calls ahead of seasonal quiet
- UVIX put spread to capture decay · CHALLENGES
HOW THE SHOWS HAVE DISCUSSED THIS THESIS OVER TIME · NOT A PERFORMANCE RECORD