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Saturday, November 16, 2024

First Time Long Time, Small Caps Diverge

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

Small caps have been the leaders of the past month+ even during the political posturing.  Today is a rare session in that the Russell 2000 has diverged down versus the other indexes.   Could just be tired as it’s been leading the advance and impervious to selling but something to take a note of in the short run.

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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