US Small Caps
www.dailychartbook.com
The following is the sixth in a new series of themed reports DC will be publishing regularly for paid subscribers.
The goal of these reports is to hone in on and provide a "snapshot" of a specific area of the economy/markets.
1. YTD performance. Small caps gave back the bulk of July's gains over the first two sessions of August (and the remaining gains were erased this morning).
2. YTD sector performance. Industrials and Financials have been the year’s top performers.
3. Bull market performance. Small-cap performance during this cycle has paled in comparison to the previous 3 bull markets.
See:
4. Growth vs. Value. The recent rotation from growth to value has been less violent for the S&P 600 than the Russell 2000.
