Bloomberg Market Wrap 1/14: Short-Covering, Nasdaq and Value Versus Growth

The video discusses the recent rally in the S&P 500, driven by short covering and corporate buybacks, with a focus on hedge fund positioning and market faith. It analyzes the NASDAQ's performance, highlighting a battle between Bulls and Bears, and examines the ongoing debate between value and growth stocks, suggesting value stocks may outperform based on historical trends.

What was the significance of the 50-day moving average in the context of the NASDAQ's performance?

Discuss the ongoing debate between value and growth stocks as mentioned in the text.