Investors appear to be warming to small caps as the group is finally outperforming large caps, not just over the trailing week, but also the past month and quarter. Small-cap stocks have had a rough go at it over the past several years, particularly in relation to their large-cap peers in the S&P 500 which […]
Chart of the Day – Monday, June 10th, 2019
Today’s chart of the day was shared on Twitter by Charlie Bilello (@charliebilello). It’s a ratio chart of the small-cap Russell 2000 Index relative to the large-cap S&P 500 ($IWM/$SPY). It’s currently at its lowest level since 2003. When this ratio is falling it means small-caps are underperforming large-caps and vice vera. The relative weakness of […]
What’s In-Store for Small Caps?
There has been much debate over where Small-Cap equities will go next. The Russell 2000 is currently hovering around resistance at the 1590 level. Performance wise, it has been a ‘tale of two halves’ for Small-Caps so far this year. Through the first two months of the year, $IWM outpaced the other three major US […]
This Market May Have More Legs – 3 Charts from Ari Wald
Ari Wald, Head of Technical Analysis at Oppenheimer, was on Bloomberg’s ‘Smart Charts’ segment with Abigail Doolittle yesterday discussing his current thoughts on the overall market and an individual large cap he is bullish on. The Chart Report previously covered a February appearance by Ari on Smart Charts here and a March Fast Money appearance […]
Checking In On Small-Cap Relative Strength
Whether you saw the late December to February rally in the stock market coming or not, bulls can feel confident with risk-on sectors leading the market higher. One of these important sectors is Small-Caps. Since the December 24th low, Small-Caps (IWM) are up 19%. Mid-Caps (MDY) are up 18.5% and Large-Caps (SPY) are up 15.2%. […]
