…an independent advisory firm building wealth with active portfolio management

Category: 3. Trends

  • Small Cap Stocks…a longer lookback 230506

    Small Cap Stocks…a longer lookback 230506

    As a supplement to yesterday’s post, the below chart is a longer lookback at Small Cap stocks.  Note the area that’s circled.  It’s rare that the index hugs its 1,000 day moving average (dma).  The concern is that a drop below the 1,000dma generally indicates a recession and that more bad things are yet to…