Mid-Caps Still Stronger
03/16/2009 12:52 pm EST
Though the mid-cap stocks, as represented by the S&P 400, are still performing better than the S&P 500 since the November lows, the short-term action has been neutral. The RS has been range bound for the past four weeks and needs to make new highs to solidify leadership. A break of the RS uptrend would be negative.