Small-Caps Perk Up, but Risk Off Remains in Play

Stocks attempted to bounce in early trading, but selling pressure took hold and the major index ETFs fell back in the afternoon. The S&P 500 SPDR (SPY) finished with a small gain (.54%) and the S&P 100 ETF (OEF) ended with a small loss (.09%). Small-caps and micro-caps held up relatively well as IWM and IWC gained over 1% on the day. Relative strength in these two is only two days old…

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Trading, Perk, Play, Remains, risk, SmallCaps