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Alert: Small-Caps Not Participating in New All-Time Highs

DecisionPoint has started posting short video alerts on our YouTube Channel. These videos are less than four minutes and give you the scoop on news you need to know about the market right now. Subscribe to the DecisionPoint.com YouTube Channel HERE so you’ll be notified when these video DP Alerts are posted.

In today’s video, Erin looks “under the hood” at the NYSE, Mid-Caps (MDY) and Small-Caps (IJR). The picture is not rosy, particularly given new all-time highs have been logged by the large-cap indexes. We need everyone on board to get a strong rally higher.

This could be a case of a “rising tide lifting all boats” eventually, but we would be cautious about the current rally given this lack of participation. Bull trap?

Introducing the new Scan Alert System!

Delivered to your email box at the end of the market day. You’ll get the results of our proprietary scans that Erin uses to pick her “Diamonds in the Rough” for the DecisionPoint Diamonds Report. Get all of the results and see which ones you like best! Only $29/month! Or, use our free trial to try it out for two weeks using coupon code: DPTRIAL2. Click HERE to subscribe NOW!

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Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin

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Helpful DecisionPoint Links:

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)

ITBM and ITVM

SCTR Ranking

Bear Market Rules

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