Jul. 30 at 1:48 PM
When Small Caps Ruled the World:
$IWM $TNA $ISCB $PSCD
If you were expecting a quiet summer in markets, you were in for a big surprise. What we’ve seen over the past few weeks is one of the most epic rotations in market history.
Small caps have come out of the doldrums to race 10% higher in just the last 12 trading days. At the same time, the large cap juggernaut known as the S&P 500 is down 3%. That 13% spread is the biggest 12-day outperformance by small caps ever.
https://bilello.blog/2024/the-week-in-charts-7-29-24?utm_source=charlies-newsletter-88171d.beehiiv.com&utm_medium=newsletter&utm_campaign=the-week-in-charts-7-29-24