Large Caps Lead the Way

As we mentioned earlier, all three of the major indices have hit new bull market highs today, but what are the midcap and smallcap indices doing? As shown in the charts below, neither the S&P Midcap 400 nor the Smallcap 600 have made it to new highs yet, so the large caps are leading the way in the most recent run-up.

click to enlarge

Comments

[bobbybutte:]

as a person who has become financially independent SOLELY from allocating capital let me say the author is SPOT ON HERE.

The shifft from the higher beta names to the large cap multinationals is usually the last 10-15% of a rally

Nov 16 03:26 PM