Dear EarningsBeats Digest Member.
Mark your calendar for next Monday, November 11, at 4:30 pm eastern for our Top 10 Stock Picks Sneak Preview webinar as Tom Bowley will discuss what will be covered during the Top 10 Stock Picks webinar on November 19. There's no need for you to register and you will receive room instructions prior to the event. The webinar will be recorded for those of you unable to attend the
live event. Hope to see you there!
At your service,
John Hopkins
EarningsBeats.com
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Small Caps Beginning to Show a Little Muscle
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I use relative strength in a variety of ways. One such way is to compare how small caps are doing in an industry group vs. their large cap peers. For example, today I want to share a chart with you on small cap industrials, or the Invesco S&P SmallCap Industrials ETF (PSCI). I've been writing about and discussing industrials (XLI) a lot lately, and for good
reason, as the group has caught fire on the back of transports. Bull markets tend to see prices surge higher when industrials and small caps are leading the charge. Over the past couple months, we've witnessed a resurgence in both. The following chart illustrates how small cap industrials have performed on an absolute basis and, on the bottom panel, how they've performed relative to large cap industrials (PSCI:XLI):
