FYI: Small-caps are still leading the market since early November, but they are lagging in 2017 as year-to-date performance turned negative. The PerfChart below shows year-to-date performance for seven major stock indexes. The Nasdaq 100 is up around 10% and leading the pack by a wide margin. The Dow Industrials, S&P 500, S&P 500 Equal-Weight Index and S&P MidCap 400 are positive year-to-date, but up significantly less than the Nasdaq 100. The Achilles heel of the market is clear when we look at the S&P Small-Cap 600 and Russell 2000, which are now negative year-to-date. We are almost three months into 2017 and these two small-cap indexes have nothing to show.
Regards,
Ted
http://stockcharts.com/articles/dont_ignore_this_chart/2017/03/small-caps-turn-negative-year-to-date-rut-sml.html?curator=thereformedbroker&utm_source=thereformedbroker
