This week’s market update is posted at AdvisorShares and takes a close look at the divergence between small cap and large equities.
From the post
Perhaps more noteworthy is that this week, as our friends at Bespoke Investment Group pointed out, the Russell has gone below its 200 day moving average (DMA) which is a warning sign. A small cap lag as we are experiencing now also occurred albeit more dramatically in April 2000 and in 2006 it gave earlier warning before the S&P 500’s October 2007 peak.
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