While the Nasdaq 100 continues to move higher and the S&P 500 shows gains the last 10 days, the PerfChart below shows that small and mid caps are starting to suffer. The S&P 500 is up just over 1% snce July 13th, but the S&P MidCap 400 and S&P SmallCap 600 are down.
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About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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