The Traderszone Network

Published in TZ Latest News 16 April, 2016 by The TZ Newswire Staff

Small-caps and Financials Perk Up, but Still Lag Overall

It was a pretty good week for the stock market with the Russell 2000 iShares (IWM) and the Finance SPDR (XLF) showing upside leadership for a change. IWM gained 3.21% for the week and led the major index ETFs higher. XLF gained 4.60% and was the second strongest sector (behind XLE). Even though IWM and XLF do not share any components, there is a link because financials account for around 25% of the Russell 2000. Those looking for a more direct connection should note that the SmallCap Financials ETF (PSCF) gained 4.33% last week. 

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