All the strength remains in large caps, while the broader market is weak yet again. This has been the pattern for the better part of 2+ weeks now. Russell 2000 is down 0.7% as the S&P 500 is flat (and NASDAQ up 0.3%!). The RSI on the Russell 2000 is nearing 50, while we're still seeing readings in the 70(+) range for major indexes – a massive divergence.
Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund's holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog