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Waiting for a rally in small caps as a sign the broader market is ready to break out to new...

Waiting for a rally in small caps as a sign the broader market is ready to break out to new highs? You've gotten it - the Russell 2000 (IWM) is  up 6.6% since August 1 vs. SPY +2.2%. Small caps are often viewed as needing to outperform during uptrends to confirm investor appetite to take on risk.
Comments (1)
  • halsmith
    , contributor
    Comments (3) | Send Message
     
    It makes sense, but the event risks in the immediate future are monumental. I'm also keeping in mind that the bear comes around about every 36 - 48 months. June marks 36 months since the last recession...
    Hal
    5 Sep 2012, 12:09 PM Reply Like
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