Traders Magazine: “Small Cap Financials and Industrials Are Sectors to Watch: DataTrek”
By admin_45 in IN THE NEWS
Traders Magazine quoting DataTrek's Nick Colas:
.... "If you trade or invest in small caps, then watch financials and industrials.
That’s the thought of Nicholas Colas, co-founder of DataTrek, who examined in a recent thought piece why have US small caps been struggling this month while the S&P 500 has broken out. His analysis showed that the problem stems from both macro (a recent increase in high yield spreads) and micro (key differences in sector weights) forces.
Nicholas began his observations by looking at the S&P 500, which recently took out the quadruple top of 2800 set in Q4 2018 and March 1st 2019, while US small caps seem to have hit an air pocket"....
Read the full article here in Traders Magazine!
