Russell 2000 Hits All-Time Highs Despite Health Care UnderperformanceMani
SMID indexes touched all-time high last week and the SMID movement since early February has reflected some broadening, note Citi analysts in their recent research report.
Scott T Chronert and Louis L Odette of Citi Research in their recent research note titled “SMID Cap Rap” point out the connection between credit spreads and shorter term Russell 2000 (INDEXRUSSELL:RUT) action for much of the current RUT rally since early February.
Russell 2000: New highs through rotation
The Citi analysts point out that the Russell . . .
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