May. 28 at 4:21 PM
$URTY It’s clear the small caps (
$IWM ) have really fallen behind big indEX stocks during this monster rally off the April bottom.
This had always been the pattern where blue chips stocks recover first and once the big blue chip valuations are high enough, then money rotates to better valued small caps. With very nice recovery rebound by big index stocks already, I suspect that rotation to small caps can come in 2nd half of this year.
Hence, I just picked up some starter positions of
$URTY to keep a close watch on it. At some point I’ll consider moving some funds from blue chip stocks to small caps.
$UPRO $TQQQ $SPYU
