You're probably well aware of the fact that the world of small caps hasn’t exactly been setting the world on fire compared to the totally hopped-up-on-Fed S&P 500. Here’s the Russell 2000 with a trio of moving averages.
One interesting way to look at this is to divide the SPDR S&P 500 (NYSE:SPY) by the iShares Russell 2000 (NYSE:IWM), as shown below. If you were told this was simply a stock chart, you’d probably be eager to buy it. It’s clear the the SPY is extremely bullish compared to its beleaguered brother.
