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The Epic Small Cap Surge – Chart of the Day (7/16/24)

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US Small Caps ($IWM ETF) are up 10.4% over the last 4 trading days while US Large Caps ($SPY ETF) are up 0.6%.

The 9.8% spread is 7 standard deviations above the mean and the largest 4-day Small Cap outperformance ever (note: data since inception of the first Small Cap ETF – $IWM – in May 2000).

After the 4-day surge higher, Small Caps are now up 12.5% on the year and within 4% of hitting a new all-time high.


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The post The Epic Small Cap Surge – Chart of the Day (7/16/24) appeared first on Charlie Bilello’s Blog.





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