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The small and mid-cap stocks foretold this drop in the markets – But is there more to come?

Cory
November 3, 2016

Fund Manager Dana Lyons, from My401KPro.com shares his insights in the broad markets but outlines how the small and mid-cap stocks predicted this drop in the US markets. The sentiment and momentum indicators Dana watches were telling him that there would be the pull back we are seeing now. The interesting aspect is that the small and mid-cap stocks have been much weaker than the overall markets would have you believe. We also address the fact that traders taking a position in short term volatility has spiked. Does this all mean that we are setting up for a bounce or a further fall?

Click here to visit Dana’s My401KPro.com website – and click here for his free blog.

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Discussion
2 Comments
    CFS
    Nov 03, 2016 03:12 PM

    You don’t think the ESF has been propping up the indices by buying large cap stocks?
    I do!

    Nov 03, 2016 03:20 PM

    Should we already be in UVXY and VXX? I am holding off until Friday afternoon or Monday. I will put in a forward buy order, let it fill, and run with loose stops. I already have positions in SQQQ and SPXS.