‘No one’ is long Small Caps

While everyone is chasing ‘mega’ caps.

The study below shows the 4 notable times over the past 15 years that the S&P Small Cap 600 Index was oversold when compared to the S&P 500.

That ratio appears in blue.

The rectangles are 5 other moments when the RSI reading was 35 and ‘close enough’ to being 30.

September 1, 2023

by Rob Zdravevski

rob@karriasset.com.au