In what good could be a dose of good news for the broader market and those looking for some positive vibes when it comes to investors' willingness to take on risk, small caps are breaking out.
Somewhat quietly, the widely followed iShares Russell 2000 ETF (NYSE: IWM), the largest small-cap exchange traded fund, is higher by 4.5 percent, a performance that narrowly tops the Nasdaq Composite and easily trumps the S&P 500 over the same period.
Investors have heard about small-cap strength by way of the rising dollar, which implies small-cap stocks and the exchange-traded funds that hold them should be beneficiaries of rising interest rates. So maybe IWM's recent bullishness is a case of ...
/www.benzinga.com/analyst-ratings/analyst-color/16/06/8065444/maybe-some-goods-for-risk-appetite-small-caps-are-hot-ag alt=Maybe Some Goods For Risk Appetite: Small Caps Are Hot Again>Full story available on Benzinga.com
More...