Small Caps Remain Heavy

Small Caps Remain Heavy

The IJS(iShares S&P Small Cap Index) are limping into the close.  Small Caps have not been able to match the other major indexes during this week’s rebound.  While most indexes have remained above their 200 day moving averages during the recent pullback, the...
Small Caps?

Small Caps?

Small Caps(IJS) have been bumping up against a declining 200 day moving average for weeks.  This month, unlike back in February, the pullback from this key area has been very shallow.  Has the IJS softened up the 200 day enough to power past it?  Today’s...
Small Problems Continue

Small Problems Continue

Small cap stocks have been struggling since reaching its 200 day moving average back on February 20th.  This key index began to pullback on the 25th and, after a shallow rally last week, the IJS is heading for its lowest March close today.  We highlighted...
Small Problems

Small Problems

Change of character.  The IJS’s 200 day moving average was very supportive last spring.  After a 27% rally off the Christmas week lows the IJS(iShares S&P Small Cap 600) the 200 day is back in play, now a heavy resistance area.  The index is holding initial...
Small Caps Reach New Lows

Small Caps Reach New Lows

The iShares Small Cap Index ETF($IJS)is trading at new 2018 lows today.  Yesterday the index suffered its biggest loss of the year(-4.5%)but was still able to hold above a major support zone.  This key area is beginning to give way today. At this morning’s low...