STTG Market Recap Mar 26, 2013
The headfakes continue as the S&P 500 grapples with the highs from 2007. Yesterday we saw a gap up at the open followed by a day of heavy selling. Today we saw a gap up at the open following by a day of buying. The S&P 500 gained 0.78% and the NASDAQ 0.53% but the smaller cap Russell 2000 was actually flat to negative for much of the day until a late day buying spree. This is very different action than we saw in November through January when the small caps were the clear leaders.
Read More: http://economicrisis.com/sttg-market-recap-mar-26-2013/2925