In this stock market video, we use technical analysis to compare the recent performance of the S&P 500 SPDR ($SPY) vs. small-cap Russell 2000 ($IWM). Specifically, we illustrate how relative strength in the small-cap index has recently been improving, which is typically a positive sign for the overall stock market.
As a bonus, we then analyze the bullish technical set up in a Gold ETF ($GLD), as well as two individual stocks on our radar screen for potential swing trade entry in the coming days ($BDSI and $DVA).
Press the “play” button to watch the video below (view full screen in HD mode for best quality):
httpvh://youtu.be/SL_-zyV2jpM
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I thnk small caps are heating up for sure…Economy is getting better and they will be the first to reap the benefits
Agreed…the technicals indicate the same. Would be nice to get some follow-through and momentum for a while.