With the 4Q earnings season nearly over, large-caps were in the black last year, while mid- and small-caps were in the red. The latter two have underperformed the large-caps from Oct ’22 lows but are running neck and neck from … Continued
Investors increasingly are hiding in large-caps. The S&P 500 large cap index Monday reached a new all-time high, while the S&P 600 small cap index closed Tuesday 16 percent off its all-time high from last August. Stocks are rallying but … Continued
Stocks have rallied massively into 1Q earnings season. Estimates have been revised lower in a big way. The bar is low. But not valuation multiples. It is a decision time for longs to either hold or fold. US companies are … Continued
Even as passage of tax measures in Congress looks like a done deal, 2018 operating earnings estimates for S&P 600 small cap companies are yet to show signs of stability. Post-presidential election in November last year, U.S. small-caps outperformed – … Continued
There is a new-found spring in U.S. small-caps’ step. What changed all of a sudden? More importantly, are there ingredients in place for the rally to sustain itself? The Russell 2000 small cap index just broke out. It has been … Continued
The past couple of weeks offered both equity bulls and bears a little something to celebrate. The bulls got the relief rally, and the bears an opportunity to short. What next? Since the S&P 500 large cap index peaked on … Continued
The Russell 2000 small cap index once again sits right underneath the upper bound of a five-month range. From the 4th through the 20th in November last year, the Russell 2000 jumped 16.5 percent to 1247.2, rallying every single session … Continued