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Article: FirstAlert(tm) Daily 9/9: Small Stocks Outperform Blue Chips On Tuesday Bounce.
- Article from:
- Investrend
- Article date:
- September 9, 2009
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Sep 09, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/09/09/firstalerttm-daily-99-small-stocks-outperform-blue-chips-on-tuesday-bounce/)
- Technical Commentary -
September 9, 2009 (FinancialWire) (By Dr. Joe Duarte) -- The Russell 2000 ETF (NYSE: IWM) out rallied the S&P SPDR ETF (NYSE: SPY) 1.03% to 0.88%, on Tuesday. That's a 17% degree of outperformance and a sign of relative strength for the small stocks.
To be sure, there are still plenty of reasons to be cautious. This is especially true with regard to President Obama's speech on Wednesday night, where it is possible, but difficult to ...