SMALL CAP STRENGTH
In yesterday’s Weekly report “That Was The Week That Was”, I stated:
“it is also worth considering that there are periods when the market’s momentum can cause a “shorts” stampede. This can be huge for the bulls, as a combination of short covering and investors returning from the sidelines can provide a powerful combination in keeping [...]
RUSSELL 2000
Wall Street considers the Russell 2000 as the best gauge of interest in small stocks. The Russell was absolutely annihilated in the ‘08;’09 global meltdown [see chart] as the smaller companies tend to take the brunt of the selling sooner. These are considered the high “BETA” stocks.
The term “BETA” means: a measure of volatility that [...]
