Seeking Alpha

Small caps slide as S&P 500 remains flat

  • Leading indicator? Trailing? Coincident? The Russell 2000 (IWM -1%) has begun to diverge from the S&P 500 (SPY -0.2%) over the past couple of sessions, and not in a good way.
  • The index of small caps has led the way in the big stock rally over the past year, outperforming the big cap gauge by more than 1000 basis points. Its most recent strong relative move has come since mid-September when the Fed backed away from the expected taper.
  • Russell 2000 ETFs: IWM, VTWO, EWRS, SRTY, TWM, RWM, TNA, URTY, UWM, TZA, SMLV, TWOK.
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Comments (2)
  • bbro
    , contributor
    Comments (10027) | Send Message
     
    Could get a short term sell signal today based on the VIX....
    30 Oct 2013, 12:19 PM Reply Like
  • PalmBeachTrader
    , contributor
    Comments (65) | Send Message
     
    What's the deal with these huge VIX spikes? Are those errors on my chart? Are you seeing those too?
    30 Oct 2013, 12:54 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
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