Morning Report – December 13, 2013
The leading stocks held up well yesterday as the Bulls defended the 4000 level on the NASDAQ. The large cap stocks represented by the Canaries, have held up well and continue to lead this market. Compare the index and ETF performance below to how the indexes have performed since the beginning of the week. Of course, during the selloff, the VIX has risen sharply up 11.2% since the beginning of the week, and the small cap stocks represented by the Russell 2000 and the SP 600 have been the worst performers for the week, down 2.6% and 2.4% respectively. This confirms what we already know; small cap stocks generally lead the stock market both up and down. The small cap stocks held yesterday and were up .2%. Read full report
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