Small- and Micro-caps Performing Big, Hit All Time Highs

06/23/2015 7:00 am EST

Focus: STOCKS



Though the S&P 500 isn’t exactly setting the world on fire this year, Chris Kimble, of Kimble Charting Solutions, takes a technical look at how the Micro- and Small-caps are acting big on a performance basis by comparison and why this may be sending just as important a message moving forward as Greece.


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Even though the S&P 500 (SPY) isn’t setting the world on fire performance-wise this year, Small- and Micro-caps closed out last week at all time weekly closing highs. The table below looks at performance year to date, reflecting that Micro- and Small-caps are acting big on a performance basis, compared to the S&P 500.

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Micro-caps (IWC) of late are now pushing above March 2014 highs, which is a positive sign for them.

Strength in the US dollar could be hampering gains by large-caps over the past six months. Small- and Micro-caps aren’t influenced too much by this factor.

Much of the world seems to be focused on what is happening in Greece, yet the message coming from Small- and Micro-caps might be just as important for the future direction of the stock markets in the States.

By Chris Kimble, Founder, Kimble Charting Solutions

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