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Monday, November 25, 2024

A Familiar Refrain

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

Stop me if you’ve heard this one before…

NASDAQ, under the leadership of a narrow range of big cap stocks, is leading the way today; up 0.3%.

Small caps taking a hit to the tune of 0.4%.

Here is the QQQ ETF v Russell 2000 over the past 3 years – we can see it is at an extreme, with only similar episode early last fall.

Disclosure Notice

Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog

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