From the desk of Steve Strazza @Sstrazza
Our Top 10 Charts Report was just published.
In this weekly note, we highlight 10 of the most important charts or themes we're currently seeing in asset classes around the world.
Stocks Still Flirting With Former Highs
Large-caps continue to be leaders as the S&P 500 and Russell 1000 made decisive upside resolutions this past week. Mid-caps aren’t far behind with the S&P 400 pressing back above its year-to-date highs. However, small-caps are still trading in a range and have yet to make new highs. The bet we’re making is that all of these eventually resolve in the same direction. With mid and large-caps leading the way and holding firm above their breakout levels, we think it’s only a matter of time until small-caps follow.
