Friday, December 07, 2007

Small caps, value, strike back

The market has rallied over the past nine, days, and smaller/mid-caps and value stocks have been leaders. This is the first time these styles outperformed since around March '07 when mid-caps (until then the place to be) began losing relative strength. From about May '07, large-cap growth has been leading the way up.

I'd guess it's only a rebound rally for smaller caps and value.