Stocks Finish April Higher, Impressive Earnings Boost Large Caps, VB Small-Cap ETF Lags

Summary

  • The S&P 500 turned in a modestly positive April, with gains coming in the last few sessions.
  • Small caps, meanwhile, are mired in a stubborn range that now dates back more than a year.
  • I see long-term value in domestic smalls but recognize two key price levels that will likely matter in the near term.

New York Stock Exchange, Wall st, New York, USA

Matteo Colombo

We weren't sure there for a while, but the S&P 500 managed to live up to the April hype. Stocks often rally in the first month of the second quarter, according to countless seasonal studies, but large-cap U.S. equities were threatening to finish

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of VB, AGG, VOO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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