Wednesday, October 28, 2009

Small Caps Stumble

While the S&P 500 is testing its 50-day moving average today, the smallcap Russell 2,000 looks much worse. As shown below, the Russell 2,000 failed to make a new high along with the S&P 500 earlier this month, and today the index broke below its lows from late September/early October. With the index now below its sideways trading range from the last couple months, the trend looks to be down.

Rtk

No comments:

Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.