FYI: Quick question: Has 2014 been an up year or a down year for U.S. stocks?
Chances are good that, if you anchor your view of the market to the Standard and Poors 500 Index or the Dow Industrials, you'd answer correctly that it's been an up year. Less well appreciated is that the smallest capitalization stocks (IWC) are actually a bit down on the year, even given the recent rally from the October lows.
Indeed, as you can see from the chart above (January, 2 2014 = 100), 2014 returns to date have been a linear function of capitalization, with the largest companies (SPY) showing the highest return, followed by the midcaps (MDY); the small caps (IJR); and the microcaps (IWC).
Regards,
Ted
http://traderfeed.blogspot.com/2014/11/the-us-stock-market-story-for-2014.html
