yhoomajor

Mid Caps Outperforming Small and Large Caps

This is one of the strangest thing going on there on the wall street its getting stranger day by day. MDY has moved up, almost non-stop, for last two months.

Why? MDY (S& P mid-cap 400) is loaded with - Tech, Energy, Matreial and Agri companies. On any given day during last two months, one or more of the above sector was in the green. On many days all sectors were up.

So wdhen energy is up, MDY goes up. When Oil is down then Tech is up and MDY moves up. When everything else is slow, fertilizers and materials move up and MDY goes up.

Curious how long it can defy gravity.