Ready for the New Market Leaders?
Hey, it’s Ross Givens here with the Chart of the Day. Today’s year-to-date chart compares the Nasdaq 100 with the small-cap Russell 2000. Large-cap tech stocks have pulled back dramatically, erasing almost half their gains this year. Meanwhile, the lagging Russell 2000 has accelerated and overtaken them. And this seems to be only the beginning. Are you ready for the new market leaders?